Which banks have 6-month savings interest rates above 7%?
A survey of savings interest rates at some banks shows that the 6-month term is recording some interest rates above 7%/year. High savings interest rates often come with conditions on online deposits, first-time depositors, deposit amount or separate incentive programs.
At Cake by VPBank, the standard savings interest rate for a 6-month term is currently at 7.2%/year when customers receive interest at the end of the term. Cake by VPBank's standard savings interest rate table records this level officially applied from 5:00 PM on April 10, 2026.
In addition to the standard savings interest rate, Cake by VPBank is displaying additional interest rate incentives. According to information on Cake's website, customers depositing for the first time from 100,000 VND, term from 6 months, will receive an additional 2%/year; customers depositing from 200 million VND, term 6 months, will have an additional 1.8%/year incentive. These incentives are recorded by Cake for application until the end of August 2026.
Thus, for a 6-month term, Cake by VPBank's savings interest rate can reach 9.2%/year if customers deposit for the first time and meet preferential conditions. In case customers receive an additional 1.8%/year, the 6-month savings interest rate can reach 9%/year.
Next is BAC A BANK, this bank also lists a 6-month term savings interest rate at 7.05%/year.
Deposit 1 billion VND for a 6-month term, how much will you receive?
To calculate savings deposit interest, customers can apply the formula:
Interest = Deposit amount x interest rate %/year x number of months deposited/12 months
For deposits of 1 billion VND, term of 6 months, the interest amount referred to at savings interest rates above 7%/year is as follows:
Depositing 1 billion VND at Cake by VPBank, if you enjoy a savings interest rate of 9.2%/year, the interest after 6 months is about 46 million VND.
Depositing 1 billion VND at Cake by VPBank, if you enjoy a savings interest rate of 9%/year, the interest after 6 months is about 45 million VND.
Deposit 1 billion VND at Cake by VPBank at a standard interest rate of 7.2%/year, interest after 6 months is about 36 million VND.
Deposit 1 billion VND at BAC A BANK with a savings interest rate of 7.05%/year, interest after 6 months is about 35.25 million VND.
Depositors need to note that the highest savings interest rate is usually not applied widely to all customers. Before depositing savings, customers should carefully check the conditions for enjoying incentives, minimum deposit amount, form of deposit, method of receiving interest, regulations on pre-term settlement and savings interest rate schedules at the time of transaction.
