Up to now, 11 banks have increased deposit interest rates since the beginning of September, including: Dong A Bank, OceanBank, VietBank, GPBank, Agribank, Bac A Bank, NCB, OCB, BVBank, ACB and PGBank.

On the contrary, ABBank is the first bank to reduce deposit interest rates this month with a reduction of 0.1-0.4%/year for terms of 1-12 months.

Currently, the bank interest rate announced by banks in the deposit interest rate table is 6.15%/year. This interest rate is applied by National Citizen Commercial Joint Stock Bank (NCB) for online deposits with terms from 18-36 months, after increasing bank interest rates since the beginning of September.

The bank interest rate of 6.1%/year is also considered rare today and is only listed by a few banks for long-term deposits.

Specifically, Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank) listed this interest rate for an 18-month term; Saigon - Hanoi Commercial Joint Stock Bank (SHB) and Saigon Industrial and Commercial Joint Stock Bank (Saigonbank) also listed a deposit interest rate of 6.1%/year for a 36-month term.

Meanwhile, Ocean Commercial Joint Stock Bank (OceanBank) has long listed a bank interest rate of 6.1%/year for term deposits from 18-36 months.

In addition, some commercial banks officially list savings interest rates of up to 6%/year for long terms.

Bao Viet Commercial Joint Stock Bank (BaoViet Bank) announced the savings interest rate for 15-36 month term at 6%/year. This interest rate is also applied at Bao Viet Commercial Joint Stock Bank (BVBank) and Dong A Commercial Joint Stock Bank (Dong A Bank) for 18-36 month term.

Customers can also deposit savings at Saigonbank and HDBank, with an interest rate of 6%/year for terms of 13-24 months at Saigonbank and a term of 15 months at HDBank.

In addition to officially posting interest rates, some banks such as Vietnam Joint Stock Commercial Bank for Industry and Trade (PVCombank), Vietnam Prosperity and Development Joint Stock Commercial Bank (PGBank) and Global Petroleum Commercial Joint Stock Bank (GPBank) have not officially adjusted their deposit interest rates but are inviting depositors with attractive interest rates.

The interest rate of 6%-6.25%/year is displayed by all three banks to attract depositors in front of their transaction offices.

Of which, PGBank and PVCombank offer a deposit interest rate of 6%/year, while GPBank offers up to 6.25%/year - the highest deposit interest rate currently.

In addition to the deposit interest rates announced by the bank, VIP customers can still negotiate interest rates with the bank, and some banks even publicly announce "special interest rates" for VIP customers.

In particular, PVCombank is known as the bank that maintains the highest "special interest rate" policy in the market, up to 9.5%/year when depositing money at the counter, with the condition that customers need to deposit for a term of 12-13 months, with an amount of 2,000 billion VND or more.

In addition, some other banks such as DongA Bank, ACB, MSB,... are also maintaining special interest rates.

At MSB, the special interest rate has been reduced from 8.5%/year to 7%/year, with the condition that customers need to have a minimum deposit balance of VND500 billion and deposit for a term of 12-13 months.

However, MSB also applies a "special interest rate" policy for "ordinary" customers, allowing depositors to receive real interest rates 0.3-0.5% higher per year than the online deposit interest rate announced by the bank.

HDBank listed "special interest rates" for 13-month term deposits of up to 8.1%/year, and 12-month term deposits of 7.7%/year for deposits of VND500 billion or more, with interest paid at the end of the term. These interest rates are 2.3%-2.5%/year higher than at the counter.

Dong A Bank is also one of the banks that offers a “special interest rate” of up to 7.5% per year for 13-month term deposits, 2.2% per year higher than the listed deposit interest rate at this bank. Customers need to have a deposit balance of VND200 billion or more.

The deposit limit of VND200 billion is also a condition for ACB Bank to allow customers to enjoy a "special interest rate" when making a 13-month deposit at the counter. However, this interest rate is lower than the normal interest rate at many other banks, only at 5.9%/year and 5.7%/year if choosing to receive interest at the beginning of the term.

HIGHEST DEPOSIT INTEREST RATES AT BANKS ON SEPTEMBER 20, 2024 (%/YEAR)
BANK 1 MONTH 3 MONTHS 6 MONTHS 9 MONTHS 12 MONTHS 18 MONTHS
AGRIBANK 2 2.5 3.3 3.3 4.7 4.7
BIDV 2 2.3 3.3 3.3 4.7 4.7
VIETINBANK 2 2.3 3.3 3.3 4.7 4.7
VIETCOMBANK 1.6 1.9 2.9 2.9 4.6 4.6
ABBANK 3.2 3.7 5 5.2 5.6 5.7
ACB 3.1 3.5 4.2 4.3 4.9
BAC A BANK 3.65 3.95 5.15 5.25 5.7 5.85
BAOVIETBANK 3.3 4 5.2 5.4 5.8 6
BVBANK 3.8 4 5.2 5.5 5.8 6
CBBANK 3.8 4 5.55 5.5 5.7 5.85
DONG A BANK 3.8 4 5.2 5.5 5.8 6
EXIMBANK 3.8 4.3 5.2 4.5 5.2 5.1
GPBANK 3.2 3.72 5.05 5.4 5.75 5.85
HDBANK 3.85 3.95 5.1 4.7 5.5 6.1
KIENLONGBANK 3.7 3.7 5.2 5.3 5.6 5.7
LPBANK 3.4 3.5 4.7 4.8 5.1 5.6
MB 3.3 3.7 4.4 4.4 5.1 5
MSB 3.7 3.7 4.6 4.6 5.4 5.4
NAM A BANK 3.5 4.1 5 5.2 5.6 5.7
NCB 3.8 4.1 5.45 5.65 5.8 6.15
OCB 3.9 4.1 5.1 5.1 5.2 5.4
OCEANBANK 3.8 3.8 5 5.1 5.6 6.1
PGBANK 3.4 3.8 5 5 5.5 5.8
PVCOMBANK 3.3 3.6 4.5 4.5 5.1 5.8
SACOMBANK 3.3 3.6 4.9 4.9 5.4 5.6
SAIGONBANK 3.3 3.6 4.8 4.9 5.8 6
SCB 1.6 1.9 2.9 2.9 3.7 3.9
SEABANK 2.95 3.45 3.75 3.95 4.5 5.45
SHB 3.5 3.8 5 5.1 5.5 5.8
TECHCOMBANK 3.25 3.45 4.55 4.55 4.95 4.95
TPBANK 3.5 3.8 4.7 5.2 5.4
VIB 3.2 3.6 4.6 4.6 5.1
VIET A BANK 3.4 3.7 4.8 4.8 5.4 5.7
VIETBANK 3.8 4 5.2 5 5.6 5.9
VPBANK 3.6 3.8 5 5 5.5 5.5