Top 3 banks with the highest interest rates for 24-month savings

Illustration: Tra My

Compare bank interest rates

According to a survey by Lao Dong reporters of nearly 30 banks in the system on March 14, 2024, there are no banks listing 24-month term interest rates below 6%/year.

OCB is at the top, listing the highest interest rate for 24-month term at 5.8%/year for both online and regular term deposits. OCB is listing savings interest rates from 0.1 - 6%/year.

OCB savings interest rate table on March 14, 2024. Screenshot

Sacombank is listing the highest 24-month savings interest rate at 5.7%/year when customers receive interest at the end of the term. Customers receiving interest quarterly only receive an interest rate of 5.43%/year. Sacombank lists the highest interest rate for all terms at 6.2%/year.

Sacombank savings interest rate table on March 14, 2024. Screenshot

NamABank is listing the highest interest rate for a 12-month term at 5.7%/year when customers deposit money online and receive interest at the end of the term. This bank is listing the highest interest rate for customers depositing money for 18-36 months at 5.7%/year.

NamABank savings interest rate table on March 14, 2024. Screenshot

Statistics of banks with the highest savings interest rates today:

Summary of banks with the highest interest rates on the market today. Graphic by Tra My

Have 500 million VND in savings for 24 months and receive 58 million VND in interest

You can refer to the interest calculation method to know how much interest you will receive after saving. The interest calculation formula is as follows:

Interest = Deposit x deposit interest rate %/12 x number of months of deposit

For example, you deposit 500 million VND into Bank A, 24-month term and enjoy an interest rate of 5.8%/year, the interest received is as follows:

500 million VND x 5.8%/12 months x 24 months = 58 million VND.

* Interest rate information is for reference only and may change from time to time. Please contact the nearest bank transaction point or hotline for specific advice.

Readers can refer to more articles on interest rates HERE.

Source: https://laodong.vn/tien-te-dau-tu/top-3-ngan-hang-co-lai-suat-cao-nhat-khi-gui-tiet-kiem-24-thang-1315211.ldo