How much money do I need to open a Vietcombank savings account?

Nowadays, saving money and assets is an essential need of every individual. Therefore, saving money in banks is chosen by many people. To meet the needs of consumers, Joint Stock Commercial Bank for Foreign Trade of Vietnam - Vietcombank offers many savings deposit products suitable for customers.

A savings book is a product used to store the amount of money customers deposit at the bank in the form of a book. This is a long-term accumulated asset. Customers can choose savings products with specific monthly interest rates.

Currently, Vietcombank offers many forms of savings. If deposited at the counter, the minimum savings amount is 500,000 VND. Meanwhile, Vietcombank stipulates a minimum online savings deposit of 1 million VND.

Opening a savings account at Vietcombank requires a minimum of 500,000 VND. (Illustration: Vietcombank)

Forms of savings deposit at Vietcombank

Regular savings

This product allows customers to deposit money with various terms such as 7 days, 14 days, 1 month, 2 months, 3 months, 6 months, 9 months, 12 months, 24 months, 36 months, 60 months. The minimum deposit amount is 500,000 VND. If the customer does not come to receive the interest when the payment deadline comes, the interest will be automatically added to the principal and transferred to the next period with the same term.

Deposit savings online

With this form, when opening an online account, customers do not need to go to a branch or transaction office. Customers can withdraw money, deposit money, and close their deposit accounts right on VCB Digibank or at any Vietcombank transaction point. The minimum online cumulative deposit is 1 million VND for periodic deposits.

Deposit savings with periodic interest

This deposit product is for customers who deposit money and want to receive interest periodically. Customers can receive interest in cash or transfer it to their account. The procedure for opening this type of savings account is simple and quick. The minimum deposit amount is 30,000,000 VND.

Deposit savings with interest paid in advance

This product is for customers who need to accumulate money periodically, and can receive interest for the entire term in advance immediately upon depositing money.

Customers can receive interest in cash, by bank transfer, deducted from the principal amount deposited or added directly to the principal amount deposited. In addition, customers can authorize or transfer Vietcombank savings books to secure loans or issue international credit cards. With this form, the minimum deposit amount is unlimited.

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