On March 17, 2025, Vietnam Prosperity Joint Stock Commercial Bank (VPBank) officially launched the "Super Profit" tool. This tool was researched and built by VPBank based on three core values, including: "Super smart" - competitive yield of 3.5% for all money thresholds; "Super automatic" - daily interest payment, absolute transparency and "Super fast" - only need to register once on the VPBank NEO application.
The Power of Compound Interest
Phuong Linh, 29 years old, realized a great benefit of the "Super Profit" tool is compound interest - which is considered the "8th wonder of mankind".
Compound interest is a method of calculating interest in which the interest earned is also added to the principal to continue earning interest in subsequent periods. Instead of calculating interest only on the initial amount (simple interest), compound interest takes advantage of the interest received to continue earning interest, creating a "compound interest" effect over time. The main benefit of compound interest is that it helps an investment grow faster and more sustainably than simple interest, especially when applied over the long term.
Suppose you deposit 10 million VND at an interest rate of 10%/year. In the first year, you receive 1 million VND in interest, bringing the total amount to 11 million. The following year, 10% interest is calculated on both principal and interest, which is 11 million, helping you receive more interest (1.1 million VND). If you continue like this, the amount will increase rapidly because both principal and interest are reinvested.
The benefits calculated by annual cycles are like that, what if the interest is calculated by day? The compound interest formula creates high leverage based on the number of interest calculation cycles. Assuming the daily interest rate is 0.1%, a year of 360 days, the simple interest rate is recorded as 36%/year. But with only 0.1%, compounded daily, the benefits earned are up to 43.3%/year.
And did you know that the new tool from VPBank is the first solution on the market so far that customers receive both principal and interest daily. If spending needs remain unchanged, the amount of money earned on the next day will include the interest paid from the previous day. That is, the "interest" will continue to earn interest.
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The chart simulates the profit over time of Super Profit. |
"VPBank's new tool not only helps me make a profit on my principal, but even the interest I receive regularly every day continues to make a profit. The benefits for customers are accumulated over time, bringing optimal efficiency," Phuong Linh commented.
Profitable yet flexible
According to Mr. Phung Duy Khuong, Permanent Deputy General Director, Director of VPBank's Personal Customer Division, with 'Super Profit', VPBank is committed to bringing customers an optimal, flexible and absolutely safe financial experience.
"We understand that every penny saved by our customers is valuable and deserves to be used most effectively," Mr. Phung Duy Khuong emphasized.
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Three core values of VPBank Super Profit. |
Quoc Tuan (32 years old) is a financial specialist at a construction company in Hanoi. With a cautious personality, he always aims for safety and stability when choosing financial products, and has clearly seen the benefits of VPBank's new tool.
He always has to keep some idle money in his account to prevent risks or be ready for unexpected expenses. "I always choose the safest option for my family's finances, I cannot risk investing in risky channels. But keeping money in my account without generating profit is also a waste," Tuan shared.
When VPBank launched the 'Super Profit' tool, Quoc Tuan immediately experienced it. Just by registering once on the VPBank NEO application, his account was automatically activated for profit.
Since then, Quoc Tuan has received interest directly into his account every day, while still being fully proactive in using the principal when needed. The profit balance and expected interest are also displayed transparently on VPBank NEO, helping him proactively monitor and balance income and expenses.
In the future, VPBank also said it will continue to research and deploy other financial solutions, helping customers have more diverse options to optimize their personal assets, so that each coin can "make money, profit make profit" most effectively.
To register for a profitable Super account, customers follow the steps below: Step 1: Log in to VPBank NEO and select Super Profit on the main screen Step 2: Select register now to activate Super Profit Step 3: Enter Super Profit registration information, fill in account maintenance threshold Step 4: Confirm registration information, authenticate OTP. After that, you have successfully activated to start making daily profits. See more information about the Super Profit tool here: https://supersinhloi.vpbank.com.vn/ |
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Source: https://nhandan.vn/tan-huong-ky-quan-thu-8-lai-kep-ngay-tren-ung-dung-vpbank-neo-post871526.html
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