Bank interest rates today October 21, 2025: Banks rush to increase deposit interest rates

After increasing deposit interest rates on October 9 by 0.05% - 0.25%/year for terms of 1 - 5 months, Bac A Commercial Joint Stock Bank ( Bac A Bank ) has continued to increase deposit interest rates starting today, becoming the first bank to increase deposit interest rates twice since the beginning of October.

Accordingly, Bac A Bank's interest rates have just continued to increase by 0.2%/year for deposits with terms from 6 months to 11 months, and by 0.3%/year for deposits with terms from 12 months to 36 months.

The adjustment to increase deposit interest rates is made by Bac A Bank for both deposit interest rates under 1 billion and deposit interest rates from 1 billion VND or more.

According to the latest deposit interest rate table applied by Bac A Bank for savings accounts under 1 billion VND , the savings interest rate for 1-2 months is kept at 4.2%/year, the term for 3-5 months is also kept at 4.55%/year. These are also the leading bank interest rates in the market today.

Meanwhile, the latest bank interest rate applied to deposits with terms of 6-8 months has been adjusted to increase by 0.2%/year to 5.6%/year.

Also with an increase of 0.2%/year, the latest bank interest rate for 9-11 month term is 5.65%/year.

Meanwhile, 12-month savings interest rates were adjusted to increase sharply by 0.3%/year to 5.8%/year.

Similarly, the 13-15 month savings interest rate increased to 5.9%/year.

Bac A Bank's highest interest rate applied to deposit accounts under 1 billion VND has also increased to 6.1%/year after increasing by 0.3%/year for term deposits from 18 to 36 months.

With a similar interest rate increase (increased from 0.2% - 0.3%/year for a term of 6 - 36 months), this bank's deposit interest rate applies to deposit accounts of 1 billion VND or more as follows:

Interest rate for 1-2 month term deposits is 4.4%/year, 3-5 month term deposits is 4.75%/year (the ceiling interest rate according to the State Bank's regulations for term deposits under 6 months).

Meanwhile, the interest rate for 6-8 month deposits has increased to 5.8%/year, and the 9-11 month deposit has also increased to 5.85%/year. These are the highest interest rates on the market today for deposits with a term of 6-11 months.

Notably, the 12-month term deposit interest rate at Bac A Bank officially reached 6%/year, the 13-15 month term deposit interest rate has also reached 6.1%/year.

Even the interest rate for 18-36 month term deposits for deposits from 1 billion has increased to 6.3%/year. This is the highest deposit interest rate publicly listed by banks, exceeding the deposit interest rate of 6.2%/year currently listed by Vikki Bank for 12 month term deposits.

According to statistics, 6 banks have increased their deposit interest rates since the beginning of October, including: GPBank, NCB, Vikki Bank, Bac A Bank, VCBNeo, and HDBank . Of which, Bac A Bank is the first bank to increase interest rates for the second time in a month.

Deposit interest rates have shown signs of increasing sharply recently as banks' demand for capital mobilization increases in the last months of the year.

According to reports from credit institutions and foreign bank branches through the State Bank's statistical reporting system, the transaction turnover in the interbank market during the week from October 6 to 10, 2025 in VND reached approximately VND 2,996,924 billion, an average of VND 599,385 billion/day, a decrease of VND 96,376 billion/day compared to the previous week; the transaction turnover in USD converted to VND during the week reached approximately VND 544,883 billion, an average of VND 108,977 billion/day, an increase of VND 4,624 billion/day compared to the previous week.

By term, VND transactions mainly focus on overnight terms (95% of total VND transaction turnover) and 1-week terms (2% of total VND transaction turnover). For USD transactions, the terms with the largest turnover are overnight and 1-week terms with proportions of 74% and 24% respectively.

Regarding the average interbank interest rate, for transactions in VND, the average interest rate tends to increase compared to last week. Specifically, the average interest rate of some key terms such as overnight, 1 week and 1 month terms increased by 0.39%/year; 0.03%/year and 0.25%/year to 4.79%/year; 4.91%/year and 5.08%/year respectively.

For USD transactions, the average interest rate tends to fluctuate in some key terms compared to last week. Specifically, the average overnight interest rate increased slightly by 0.01%/year to 4.10%/year, the average 1-week interest rate remained unchanged at 4.12%/year, while the average 1-month interest rate decreased slightly by 0.06%/year to 4.15%/year.

INTEREST RATE TABLE FOR ONLINE DEPOSITS OF BANKS ON OCTOBER 21, 2025 (%/YEAR)
BANK	1 MONTH	3 MONTHS	6 MONTHS	9 MONTHS	12 MONTHS	18 MONTHS
AGRIBANK	2.4	3	3.7	3.7	4.8	4.8
BIDV	2	2.3	3.3	3.3	4.7	4.7
VIETINBANK	2	2.3	3.3	3.3	4.7	4.7
VIETCOMBANK	1.6	1.9	2.9	2.9	4.6	4.6
ABBANK	3.1	3.8	5.3	5.4	5.6	5.4
ACB	3.1	3.5	4.2	4.3	4.9
BAC A BANK	4.2	4.55	5.6	5.65	5.8	6.1
BAOVIETBANK	3.5	4.35	5.45	5.5	5.8	5.9
BVBANK	3.95	4.15	5.15	5.3	5.6	5.9
EXIMBANK	4.3	4.5	4.9	4.9	5.2	5.7
GPBANK	3.8	3.9	5.35	5.45	5.65	5.65
HDBANK	4.05	4.15	5.3	5.3	5.6	6.1
KIENLONGBANK	3.7	3.7	5.1	5.2	5.5	5.45
LPBANK	3.6	3.9	5.1	5.1	5.4	5.4
MB	3.5	3.8	4.4	4.4	4.9	4.9
MBV	4.1	4.4	5.5	5.6	5.8	5.9
MSB	3.9	3.9	5	5	5.6	5.6
NAM A BANK	3.8	4	4.9	5.2	5.5	5.6
NCB	4.1	4.3	5.45	5.55	5.7	5.7
OCB	3.9	4.1	5	5	5.1	5.2
PGBANK	3.4	3.8	5	4.9	5.4	5.8
PVCOMBANK	3.3	3.6	4.5	4.7	5.1	5.8
SACOMBANK	3.6	3.9	4.8	4.8	5.3	5.5
SAIGONBANK	3.3	3.6	4.8	4.9	5.6	5.8
SCB	1.6	1.9	2.9	2.9	3.7	3.9
SEABANK	2.95	3.45	3.95	4.15	4.7	5.45
SHB	3.5	3.8	4.9	5	5.3	5.5
TECHCOMBANK	3.45	4.25	5.15	4.65	5.35	4.85
TPBANK	3.7	4	4.9	5	5.3	5.6
VCBNEO	4.35	4.55	5.9	5.45	5.8	5.8
VIB	3.7	3.8	4.7	4.7	4.9	5.2
VIET A BANK	3.7	4	5.1	5.3	5.6	5.8
VIETBANK	4.1	4.4	5.4	5.4	5.8	5.9
VIKKI BANK	4.35	4.45	6	6	6.2	6.2
VPBANK	4	4.1	5	5	5.2	5.2