Look up top 10 hottest interest rate banks

Bank interest rates today October 27: Look up the top 10 banks with the hottest interest rates — Highest bank interest rates today. Photo: Tra My

Which bank has the highest interest rate now?

PVcomBank has led the market by applying interest rates of up to 11%/year for 12-13 month deposit terms and requiring a minimum deposit of VND2,000 billion.

Ranked second is HDBank, which applies a rate of 8.6%/year for a 13-month term with the condition of maintaining a minimum balance of 300 billion VND.

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

Although interest rates have dropped to a record low, the amount of money people deposit into banks has increased to a peak. Dr. Dinh The Hien, Director of the Institute of Informatics and Applied Economics , analyzed that although interest rates are low, people still deposit money into banks because investment channels such as stocks and real estate are no longer attractive and have many risks.

A series of banks have massively reduced interest rates recently. At NCB, interest rates for terms under 1 year decreased slightly, while the 24-month term remained unchanged. The sharpest decrease was 0.3 percentage points for the 6-month term.

At HDBank, interest rates for all terms decreased, with the sharpest decrease being 0.5 percentage points for the 3-month term.

BacABank reduced the 3-month term interest rate by 0.1% to 4.45%/year; the 6-month term interest rate decreased by 0.15% to 5.6%/year. However, for long terms, BacABank still maintained stable interest rates. The 12-month term interest rate decreased by only 0.1% to 5.8%/year; the 24-month term remained unchanged, still at 6.1%/year.

VIB and SaigonBank both reduced deposit interest rates for all terms with common reductions of around 0.1-0.5%.

At VIB, deposit interest rates for terms of 3 months, 6 months, 12 months and 24 months all decreased. Specifically: Interest rates for 3-month terms decreased by 0.15%, from 4.25% to 4.1%. Interest rates for 6-month terms decreased by 0.2%, from 5.5% to 5.3%. Interest rates for 12-month terms decreased by 0.1%, from 5.5% to 5.4%. Interest rates for 24-month terms decreased by 0.4%, from 6.3% to 5.9%. In general, VIB's interest rate reduction ranges from 0.1 to 0.4% depending on the term, with the 24-month term having the sharpest decrease.

For SaigonBank, deposit interest rates also decreased across all terms. The 3-month term decreased by 0.4 percentage points, from 4% to 3.6%. The 6-month term decreased by 0.5 percentage points, from 5.7% to 5.2%. The 12-month term decreased by 0.3 percentage points, from 5.9% to 5.6%. The 24-month term decreased by 0.3 percentage points, from 5.9% to 5.6%. The reduction of SaigonBank also fluctuated from 0.3 to 0.5%, in which the 6-month term decreased the most.

Compare highest bank interest rates for 3-month term

Compare the highest bank interest rates for 3-month terms. Graphic Tra My

Interest rates on 6-month savings deposits at banks

Compare the highest bank interest rates for 6-month terms. Graphic Tra My

Want to save for 12 months, which bank has the highest interest rate?

Compare the highest bank interest rates for 12-month terms. Graphic Tra My

Latest update of Agribank interest rates , Sacombank interest rates, SCB interest rates, Vietcombank interest rates... highest for 24-month term.

Compare the highest bank interest rates for 24-month terms. Graphic Tra My

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.

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