Bank interest rates today April 24, 2025: Unexpected increase...

Bac A Commercial Joint Stock Bank ( Bac A Bank ) unexpectedly increased its deposit interest rates from today, April 24, with a uniform increase of 0.2%/year for deposit interest rates for terms from 1 to 12 months.

Bac A Bank also adjusted to increase by 0.1%/year deposit interest rates for terms from 13 to 36 months.

According to the latest bank interest rate table for deposit accounts under 1 billion VND of Bac A Bank, the bank interest rate for 1-2 month term is 3.7%/year, the interest rate for 3 month term has increased to 4%/year while the 4 and 5 month terms have increased to 4.1% and 4.2%/year respectively.

With Bac A Bank increasing deposit interest rates for the remaining terms, the mark above 5%/year officially returns from today, applied to terms from 6-8 months.

Specifically, the latest 6-8 month term deposit interest rate is 5.15%/year.

Meanwhile, savings interest rates for 9-11 month terms are also listed at 5.25%/year after increasing by 0.2%/year.

The latest savings interest rate applied to 12-month term deposits is 5.6%/year.

With an additional 0.1%/year increase in deposit interest rates for the remaining terms, the latest 13-15 month deposit interest rate has been increased by Bac A Bank to 5.7%/year.

Currently, the highest interest rate applied to deposits under 1 billion VND is reserved by this bank for 18-36 month term deposits, up to 5.9%/year.

The increase in deposit interest rates is applied similarly by Bac A Bank to deposit accounts from 1 billion VND or more.

Accordingly, the latest interest rate schedule applied to deposits of 1 billion VND or more is as follows:

Bank interest rate for 1-2 month term: 3.9%/year; 3 month term: 4.2%/year; 4 month term: 4.3%/year; 5 month term: 4.4%/year; 6-8 month term: 5.35%/year; 9-11 month term: 5.45%/year; 12 month term: 5.8%/year; 13-15 month term: 5.9%/year.

Notably, the bank interest rate for 18-36 month term deposits from 1 billion VND has officially surpassed the 6% mark when it is listed at 6.1%/year. This is also the highest savings interest rate currently announced by banks.

Previously, in response to the request of the Prime Minister and the State Bank, Bac A Bank reduced its deposit interest rates on February 28, with a 0.1%/year reduction in deposit interest rates for terms of 1-11 months and a 0.2%/year reduction in deposit interest rates for terms of 12-36 months.

Since February 25, 28 domestic commercial banks have reduced their deposit interest rates by 0.1-1.05% per year. In April alone, several more banks reduced their deposit interest rates, including VPBank, MB, Eximbank, Nam A Bank, OCB and GPBank.

On the contrary, besides reducing deposit interest rates, GPBank and Eximbank also increased them in some terms.

OCB alone has increased online deposit interest rates for all terms, except for the 4-month term. Agribank has increased interest rates for terms from 12-24 months. Bac A Bank has increased interest rates for terms from 1-36 months.

INTEREST RATE TABLE FOR ONLINE DEPOSITS OF BANKS ON APRIL 24, 2025 (%/YEAR)
BANK	1 MONTH	3 MONTHS	6 MONTHS	9 MONTHS	12 MONTHS	18 MONTHS
AGRIBANK	2.4	3	3.7	3.7	4.8	4.8
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	3.9	5.4	5.5	5.7	5.5
ACB	3.1	3.5	4.2	4.3	4.9
BAC A BANK	3.7	4	5.15	5.25	5.6	5.9
BAOVIETBANK	3.5	4.35	5.45	5.5	5.8	5.9
BVBANK	3.95	4.15	5.15	5.3	5.6	5.9
EXIMBANK	4	4.1	5.1	5.2	5.3	5.7
GPBANK	3.75	3.85	5.65	5.75	5.95	5.95
HDBANK	3.85	3.95	5.3	4.7	5.6	6.1
KIENLONGBANK	3.7	3.7	5.1	5.2	5.5	5.45
LPBANK	3.6	3.9	5.1	5.1	5.4	5.6
MB	3.7	4	4.6	4.6	5	5
MBV	4.1	4.4	5.5	5.6	5.8	5.9
MSB	3.9	3.9	5	5	5.6	5.6
NAM A BANK	3.8	4	4.9	5.2	5.5	5.6
NCB	4	4.2	5.35	5.45	5.6	5.6
OCB	3.9	4.1	5	5	5.1	5.2
PGBANK	3.4	3.8	5	4.9	5.4	5.8
PVCOMBANK	3.3	3.6	4.5	4.7	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	5.6	5.8
SCB	1.6	1.9	2.9	2.9	3.7	3.9
SEABANK	2.95	3.45	3.95	4.15	4.7	5.45
SHB	3.5	3.8	4.9	5	5.3	5.5
TECHCOMBANK	3.25	3.55	4.55	4.55	4.75	4.75
TPBANK	3.5	3.8	4.8	4.9	5.2	5.5
VCBNEO	4.15	4.35	5.7	5.65	5.85	5.85
VIB	3.7	3.8	4.7	4.7	4.9	5.2
VIET A BANK	3.7	4	5.2	5.4	5.7	5.9
VIETBANK	4.1	4.4	5.4	5.4	5.8	5.9
VIKKI BANK	4.15	4.35	5.65	5.65	6	6
VPBANK	3.7	3.9	4.8	4.8	5.3	5.3