Name 4 banks with the highest 6-month savings interest rates today

Illustration: Tra My

Cake by VPBank is listing the highest interest rate for a 6-month term at 4.8%/year when customers receive interest at the end of the term. If customers receive interest monthly and quarterly, they will only receive interest rates of 4% and 4.1%, respectively. In addition, for the first time depositing from 1 million VND for a term of 6 months or more, Cake by VPBank also gives a bonus of 50-300 thousand VND immediately into the account.

Cake by VPBank savings interest rate table. Screenshot

OCB is listing the highest interest rate for a 6-month term at 4.6%/year when customers deposit money online. Customers making term deposits and regular savings deposits receive an interest rate of 4.5%/year.

OCB savings interest rate table. Screenshot

BacABank is listing the 6-month interest rate at 4.55% when customers receive interest at the end of the term. For other terms, BacABank lists interest rates ranging from 0.5-5.7%/year.

BacABank savings interest rate table. Screenshot

NCB is listing the highest interest rate for a 6-month term at 4.45%/year when customers deposit savings at An Phu. Customers depositing traditional savings receive an interest rate of 4.35%/year.

NCB savings interest rate table. Screenshot

You can quickly calculate bank interest using the following formula:

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

For example, you deposit 500 million VND in Bank A, with an interest rate of 4.8% for a 6-month term. The interest you receive is estimated at:

500 million VND x 4.8%/12 x 6 months = 12 million VND.

So, before saving, you should compare savings interest rates between banks and interest rates between terms to get the highest interest.

* 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 about interest rates HERE.

Source: https://laodong.vn/tien-te-dau-tu/diem-ten-4-ngan-hang-co-lai-suat-tiet-kiem-6-thang-cao-nhat-hom-nay-1329842.ldo