Where to deposit money with interest rate from 6%/year?

According to statistics, there are 11 commercial banks applying deposit interest rates of 6%/year or higher.

With the simultaneous posting of two interest rates for deposit accounts of up to 1 billion VND and deposit accounts of over 1 billion VND, the highest interest rate at Bac A Bank is currently 6.25%/year.

This interest rate is applied to savings deposits from 1 billion VND or more, with a term of 18-36 months, interest paid at the end of the term.

Also with terms from 18-36 months, if customers choose to receive interest monthly, the interest rate received will be 6.05%/year, while the interest rate for customers choosing to receive interest quarterly is 6.15%/year.

For the remaining terms, Bac A Bank applies bank interest rates for deposit accounts over 1 billion VND with interest paid at the end of the term as follows: 1-2 month term 4.05%/year, 3-5 month term 4.35%/year, 6-8 month term 5.5%/year, 9-11 month term 5.6%/year, 12 month term 5.9%/year, and 13-15 month term with interest rate up to 5.95%/year.

Bac A Bank's deposit interest rates have decreased by 0.1% per year for all terms since November 27. This is also the only bank that has reduced deposit interest rates since the beginning of November.

For interest rates for deposit accounts under 1 billion VND (interest paid at the end of the term), the highest bank interest rate listed by Bac A Bank is 6.05%/year, applied for terms of 18-36 months.

Interest rates for the remaining terms include: 1-2 month term 3.85%/year, 3 month term 4.15%/year, 4 month term 4.25%/year, 5 month term 4.35%/year, 6-8 month term 5.3%/year, 9-11 month term 5.4%/year, 12 month term 5.7%/year, and 13-15 month term 5.75%/year.

INTEREST RATE TABLE AT BAC A BANK FOR CUSTOMERS WHO RECEIVE INTEREST AT THE END OF THE TERM (%/YEAR)
TERM	UNDER 1 BILLION VND	OVER 1 BILLION VND
1 - 2 MONTHS	3.85	4.05
3 MONTHS	4.15	4.35
4 MONTHS	4.25	4.45
5 MONTHS	4.35	4.55
6 - 8 MONTHS	5.3	5.50
9 - 11 MONTHS	5.4	5.6
12 MONTHS	5.7	5.9
13 - 15 MONTHS	5.75	5.95
18 - 36 MONTHS	6.05	6.25

Bac A Bank is currently one of the few banks listing long-term interest rates above 6%/year.

According to statistics, there are 11 commercial banks applying deposit interest rates of 6%/year or higher.

Among them, the highest interest rate of 6.3%/year is applied by An Binh Commercial Joint Stock Bank (ABBank) for 24-month online deposits and Indovina Commercial Bank Limited (IVB) for deposits of 24 months or more.

Both banks are also maintaining interest rates of 6.1% - 6.2% per year for other savings terms. In particular, IVB listed an interest rate of 6.1% per year for customers with 18-month savings terms. ABB listed an interest rate of 6.2% per year for 15- and 18-month terms.

Meanwhile, except for Bac A Bank, the remaining banks in the group of banks paying interest rates of 6%/year or higher include:

SHB applies an online mobilization interest rate of 6.1%/year for term deposits of 36 months or more; Saigonbank also applies this interest rate for a term of 36 months.

Saigonbank is listing a bank interest rate of 6%/year for online deposits with terms from 13-24 months.

The 6.1%/year interest rate has long been listed by OceanBank and DongA Bank for savings deposits with terms from 18-36 months.

In addition, DongA Bank is listing an interest rate of 6%/year for 13-month term deposits. This bank also pays interest rates of up to 7.5%/year for 13-month term deposits if customers deposit 200 billion VND or more.

GPBank also recently raised interest rates to 6.05%/year for online deposits with terms from 13-36 months, thereby becoming the bank maintaining the best interest rate for deposits under 18 months.

Banks such as BaoViet Bank and BVBank are also listing interest rates of 6%/year for online deposits with terms from 15-36 months. Meanwhile, Viet A Bank has recently raised its interest rate for 36-month terms to 6%/year.

Source: https://baodaknong.vn/gui-tien-o-dau-lai-suat-tu-6-nam-235673.html