Which bank has the highest savings interest rate in October 2025?

In early October, savings interest rates of banks were quite stable, maintained at around 5 - 6%/year for a 12-month term, many banks offered additional interest rates to depositors.

For a 12-month term, one of the banks with the best interest rates is VIKKI Bank with an interest rate of 6.2%/year. Next are VietBank, MBV (5.8%/year), GPBank (5.65%/year), MSB 5 (5.6%/year), Woori Bank, Bac A Bank, VCBNEO (5.5%/year), LPBank (5.4%/year)...

For a 6-month term, VIKKI Bank is the bank with the best interest rate at 6%/year, followed by VCBNEO (5.6%/year), MBV (5.5%/year), Bao Viet Bank (5.45%/year), VietBank (5.4%/year), Techcombank (5.15%), Woori Bank (4.5%/year)...

For the 1-month term, VCBNEO and VIKKI Bank are the two banks with the best interest rates of 4.35%/year. Next are Eximbank (4.3%/year), Viet Bank, MBV (4.1%/year)...

Many banks offer extra interest to depositors.

Notably, in early October, many banks, although almost not adjusting interest rates, launched programs to give additional interest rates to customers with savings deposits, with common additional rates ranging from 0.2% - 0.5%/year depending on the term or deposit amount.

For example, Woori Bank - a bank from Korea - announced an additional interest rate of 1.5%/year for customers opening accounts with over 5 billion VND, plus 1.2% for customers opening accounts from 2 - 5 billion VND, plus 0.9%/year for customers opening accounts from 1 - 2 billion VND, plus 0.6% and 0.3%/year for customers opening accounts from 500 million - 1 billion VND and from 200 - 500 million VND respectively.

Accordingly, Woori Bank's online deposit interest rate after incentives is up to 6%/year for terms of 24 months or more. This is a bank interest rate that not all banks can meet, especially foreign banks.

MB Bank offers an additional savings interest rate of up to 0.8%/year when making online savings deposits via the MB Bank app from September 29 to October 14.

According to financial experts, the mobilization interest rate level is in the "selective" phase, which banks need capital to increase slightly, while large banks keep it stable to control capital costs.

Banks must consider the balance between profits and liquidity risks. It is predicted that in the medium term (next 3-6 months), long-term interest rates may continue to be slightly “stimulated”, but there will not be large jumps due to pressure on capital costs and interest rate management requirements.

For individuals who want to maximize profits but want to be flexible, they can divide their capital into two areas: one part for medium term (6-12 months), the other part for long term (18-36 months) to enjoy higher yields.

Ngoc Vy

Source: https://vtcnews.vn/lai-suat-tiet-kiem-ngan-hang-nao-cao-nhat-thang-10-2025-ar970015.html