The Eighth Wonder of the World: Unlocking Double Interest with VPBank NEO

On March 17, 2025, VPBank, the Vietnam Prosperity Joint-Stock Commercial Bank, introduced its innovative tool, “Super Profit Generator.” This tool is designed around three core values: “Super Smart” – offering a competitive 3.5% interest rate for all thresholds; “Super Automatic” – daily interest payments with absolute transparency; and “Super Fast” – a one-time registration process through the VPBank NEO app.

The Power of Compound Interest

Phuong Linh, a 29-year-old user, discovered one of the significant advantages of the “Super Profit Generator” tool: compound interest, often referred to as the “eighth wonder of the world.”

Compound interest is a method of calculating interest where the accrued interest is added to the principal, generating further interest in subsequent periods. Instead of calculating interest only on the initial amount (simple interest), compound interest leverages both the principal and the accumulated interest to create a “snowball effect” over time. The primary benefit of compound interest is that it enables investments to grow faster and more sustainably than simple interest, especially when applied over an extended period.

For example, let’s assume you deposit 10 million VND with an interest rate of 10% per annum. In the first year, you earn 1 million VND in interest, increasing your total to 11 million VND. In the following year, the 10% interest rate is applied to the new balance of 11 million VND, resulting in higher interest earnings (1.1 million VND). This process continues, and the amount grows rapidly as both the principal and interest are reinvested.

Considering the impact of compounding, what if interest is calculated daily instead of annually? The compound interest formula amplifies gains based on the number of compounding periods. Suppose the daily interest rate is 0.1%, and there are 360 days in a year. In that case, the simple interest earned will be 36% per annum. However, by calculating compound interest daily at 0.1%, the annualized return jumps to an impressive 43.3%.

What sets VPBank’s new tool apart is that it is the first solution in the market that allows customers to receive both principal and interest daily. If your spending habits remain consistent, the amount earned on one day will be reinvested to generate further returns the next day. In other words, your “profits” will continue to generate profits.

A graph illustrating the growth of money over time with Super Profit Generator

“VPBank’s new tool not only helps me grow my initial investment, but even the daily interest I receive continues to generate returns. The benefits compound over time, optimizing my gains,” shared Phuong Linh.

Profitable Yet Flexible

According to Mr. Phung Duy Khuong, Executive Vice President and Director of VPBank’s Retail Banking Division, with ‘Super Profit Generator,’ VPBank is committed to providing customers with an optimal, flexible, and absolutely safe financial experience.

“We understand that every penny our customers save is valuable and deserves to be utilized effectively,” emphasized Mr. Phung Duy Khuong.

The three core values of VPBank’s Super Profit Generator

Quoc Tuan, a 32-year-old financial specialist at a construction company in Hanoi, embodies the cautious personality trait. He prioritizes safety and stability when choosing financial products and immediately recognized the benefits of VPBank’s new tool.

“I always keep a certain amount of idle money in my account to guard against risks or unexpected expenses,” shared Tuan. “I opt for the safest options for my family’s finances and cannot afford to invest in risky ventures. However, keeping money in an account without generating any returns feels like a waste.”

When VPBank launched the ‘Super Profit Generator’ tool, Quoc Tuan was quick to give it a try. With a one-time registration on the VPBank NEO app, his account was activated for automatic profit generation.

From that point on, Quoc Tuan received daily returns directly into his account while retaining full control over the principal amount when needed. The VPBank NEO app also transparently displays the projected and earned interest, allowing him to monitor and balance his finances effectively.

Looking ahead, VPBank plans to continue developing and introducing additional financial solutions to provide customers with diverse options to optimize their personal finances. The bank aims to ensure that every penny can be “money-making, profit-generating” as efficiently as possible.

To register for a Super Profit Generator account, follow these steps:

Step 1: Log in to VPBank NEO and select Super Profit Generator from the home screen.

Step 2: Choose to register to activate the Super Profit Generator.

Step 3: Provide the required information, including the minimum balance for your account.

Step 4: Confirm the registration details and authenticate with an OTP. Congratulations! You have successfully activated daily profit generation.

For more information about the Super Profit Generator tool, please visit: https://supersinhloi.vpbank.com.vn/