Top 4 banks with the highest interest rates for 6-month savings

6-month savings interest rates are fluctuating from 3-5.6%/year. Design: Thach Lam

According to a survey by Lao Dong Newspaper reporters, ABBank is listing the highest interest rate for a 6-month term at 5.6%/year, interest rate at the end of the term. Customers who receive interest in installments receive a lower interest rate of 5.56%/year.

ABBank savings interest rate table. Screenshot

NCB is listing the highest interest rate for a 6-month term at 5.35%/year when customers deposit savings at An Phu. If customers deposit traditional money, they will only receive interest rates of 5.25%/year.

NCB savings interest rate table. Screenshot

Cake by VPBank is listing the highest interest rate for a 6-month term at 5.2%/year when customers receive interest at the end of the term. For other terms, CBBank lists interest rates ranging from 3.69-6%/year.

Cake by VPBank savings interest rate table. Screenshot

EximBank is currently listing the highest interest rate for a 6-month term at 5.2%/year when customers deposit money online and receive interest at the end of the term. For other terms, EximBank lists interest rates ranging from 3.5-5.2%/year.

EximBank savings interest rate table. Screenshot

How to receive interest if saving 2 billion VND for 6 months?

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 2 billion VND in Bank A, with an interest rate of 5.25% for a 6-month term. The interest you receive is estimated at:

2 billion VND x 5.25%/12 x 6 months = 52.5 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/top-4-ngan-hang-co-lai-suat-cao-nhat-khi-gui-tiet-kiem-6-thang-1365950.ldo