According to a survey with nearly 30 banks, Cake by VPBank is listing 6-month term interest rates at a normal rate of 7.2%/year when customers receive interest at the end of the term. When customers receive interest at the beginning of the term, monthly and quarterly, they will receive interest rates of 6.78%, 7.02% and 6.79%/year respectively.
Currently, Cake by VPBank is offering an additional interest rate of 1%/year for individual customers depositing from 5 million VND or more, receiving interest at the end of the term, at the beginning of the term, monthly, quarterly. Applied until May 31, 2026 for a term of 6 to 13 months and no pre-term settlement.
Accordingly, for a 6-month term plus the bonus interest rate, depositing money at Cake by VPBank will receive a high interest rate of up to 8.2%/year.
PGBank lists the highest interest rate for a 6-month term at 6.9%/year when customers receive interest at the end of the term. Currently, PGBank is listing the highest interest rate at 7%/year for terms of 12 and 13 months.
BAC A BANK lists the highest interest rate for a 6-month term at 6.85%/year when customers deposit money online and receive interest at the end of the term. BAC A BANK lists the highest interest rate at 6.9% when customers deposit money for a 12-month term.
Vikki Bank lists the highest interest rate for a 6-month term at 6.5%/year when customers deposit money online and receive interest at the end of the term. Vikki Bank lists the highest interest rate at 6.7% when customers deposit money for a 13-month term.
How to receive interest when depositing for 6 months?
Formula for calculating 6-month savings deposit interest at bank:
Interest = Deposit amount x interest rate (%)/12 months x number of months deposited
Deposit 600 million VND into Bank A, with an interest rate of 8.2% for a 6-month term. The interest you receive is estimated to be:
600 million VND x 8.2%/12 x 6 months = 24.6 million VND.
Before depositing savings, readers should compare savings interest rates between banks, interest rates between terms to enjoy the highest interest.
* Interest rate information is for reference only and may change in each period. Please contact the nearest bank transaction point or hotline for specific advice.
Readers can refer to more articles about interest rates HERE.
