Interest Rates on Counter Deposits at ACB in April 2024
According to the latest survey, interest rates offered by ACB (Asia Commercial Bank) for normal customers making counter deposits range from **0.5% to 4.4% per annum,** with interest being credited at the end of the term.
Specifically, the lowest interest rate of **0.5% per annum** applies to deposits with terms of 1-3 weeks; the interest rate for 1-month terms is **2.1% per annum**; for 2-month terms, it is **2.3% per annum**; for 3-month terms, it is **2.5% per annum**; for 4-month terms, it is **2.7% per annum**; for 5-month terms, it is **2.9% per annum**; for 6-month terms, it is **3.3% per annum**; for 9-month terms, it is **3.6% per annum**; and for 12-month terms, it is **4.3% per annum**.
ACB applies an interest rate of **4.4% per annum** for long terms ranging from 13 to 36 months. For the 13-month term specifically, customers who deposit 200 billion VND or more will receive a preferential interest rate of **5.6% per annum**.
Non-term deposits are listed at **0.01% per annum**.
In April, ACB continues to offer various flexible interest payment options: Quarterly interest: Interest rates range from 4.20% to 4.3% per annum; Monthly interest: Interest rates range from 2.25% to 4.25% per annum (For 13-month terms, deposits of at least 200 billion receive a preferential interest rate of 5.4% per annum); Advance interest: Interest rates range from 2.2% to 4.1% per annum.
Additionally, ACB offers Phuc An Loc and Tich Luy Tuong Lai savings packages for customers to choose from, with interest rates of up to 4.6% per annum.
Table of Interest Rates on Counter Deposits at ACB in April 2024
Source: ACB
Interest Rates on Online Deposits at ACB in April 2024
For online deposits with interest credited at the end of the term, ACB applies interest rates ranging from **0.5% to 4.7% per annum**.
Specifically, ACB has set a general interest rate for 1-3 week deposits of **0.5% per annum**.
The other terms at ACB have interest rates divided according to the deposit amounts as follows:
Deposits under 200 million VND: Interest rates are listed as 2.3% per annum for 1-month terms, 2.5% per annum for 2-month terms, 2.7% per annum for 3-month terms, 3.5% per annum for 6-month terms, 3.8% per annum for 9-month terms, and 4.5% per annum for 12-month terms.
Deposits from 200 million VND to under 1 billion VND: Interest rates are listed as 2.4% per annum for 1-month terms, 2.6% per annum for 2-month terms, 2.8% per annum for 3-month terms, 3.6% per annum for 6-month terms, 3.9% per annum for 9-month terms, and 4.6% per annum for 12-month terms.
Deposits from 1 billion VND to under 5 billion VND: Interest rates are listed as 2.45% per annum for 1-month terms, 2.65% per annum for 2-month terms, 2.85% per annum for 3-month terms, 3.65% per annum for 6-month terms, 3.95% per annum for 9-month terms, and 4.65% per annum for 12-month terms.
Deposits of 5 billion VND or more: Interest rates are listed as 2.5% per annum for 1-month terms, 2.7% per annum for 2-month terms, 2.9% per annum for 3-month terms, 3.7% per annum for 6-month terms, 4.0% per annum for 9-month terms, and 4.7% per annum for 12-month terms.
Thus, online deposits with a 12-month term currently earn the highest interest rates at ACB for all deposit amounts.
Table of Interest Rates on Online Deposits at ACB in April 2024
Source: ACB
ACB Lending Rates
ACB recently announced the average interest rate for new loans disbursed in March 2024. The average lending rate is **6.78% per annum**, and the average difference between deposit and lending rates is 3.6% per annum.
ACB notes that this is the bank’s average lending rate and not the rate applied to specific loans. Customers can contact their nearest branch or transaction office for advice and more information on ACB’s credit programs and promotional offers.
