October: 6 Banks Simultaneously Hike Savings Interest Rates, One Offering Up to 6.3% Annually

Latest Savings Interest Rates at GPBank

According to the latest online deposit interest rate schedule, GPBank has increased rates by 0.1%/year for terms from 6 to 36 months, while keeping rates unchanged for terms under 6 months.

Currently, GPBank’s online interest rates are listed at 5.35%/year for 6–8 month terms and 5.45%/year for 9-month terms. The bank also offers a rate of 5.65%/year for terms ranging from 12 to 36 months, which is the highest rate in their current schedule.

For over-the-counter deposits, the bank has also adjusted rates upward by 0.1%/year for terms of 4–36 months. The interest rate for 12–36 month terms now stands at 5.2%/year, positioning GPBank among banks with stable medium to long-term savings rates.

Latest Savings Interest Rates at Vikki Bank

Digital bank Vikki Bank has also adjusted its savings interest rates, effective from October 6. Short-term rates of 1–3 months have increased by 0.1%/year, 6-month terms by 0.2%/year, and 12–13 month terms by 0.1%/year.

After the adjustment, Vikki Bank’s online interest rate for 1-month terms is 4.35%/year, and 4.45%/year for 3-month terms. Notably, the bank is offering 6%/year for 6-month terms and 6.2%/year for 12–13 month terms, the highest rates currently available in the deposit market.

Latest Savings Interest Rates at NCB

NCB Bank has uniformly increased interest rates by 0.1%/year across all savings products, including An Phú Savings, Traditional Savings, Accumulation, and Flexible Principal Withdrawal.

Under the An Phú schedule, 6–7 month terms are at 5.45%/year, while 12–36 month terms reach 5.7%/year – the highest at NCB currently. For Traditional Savings, the longest term of 36 months remains at 5.6%/year, with other online savings products peaking at 5.5–5.6%/year.

Latest Savings Interest Rates at HDBank

HDBank has recently adjusted its online interest rates for short terms of 1 to 5 months, marking the second increase this year. Specifically, 1–2 month terms have risen to 4.05%/year, and 3–5 month terms to 4.15%/year.

Terms of 6 months and longer remain unchanged, with 6–11 month terms at 5.3%/year, 12 months at 5.6%/year, and 13 months at 5.8%/year. Notably, HDBank is among the few banks maintaining a 6%/year rate for 15-month terms and 6.1%/year for 18-month terms.

Latest Savings Interest Rates at VCBNeo

VCBNeo has announced new interest rates for individual customers, increasing by 0.25–0.3 percentage points across various terms, effective from October 10.

The 6-month term rate has risen to 5.6%/year, a 0.3 percentage point increase from last month; the 12-month term also stands at 5.6%/year. For online deposits, rates are 4.35%/year for 1 month, 4.55%/year for 3 months, 5.9%/year for 6 months, 5.45%/year for 9 months, and 5.8%/year for 12 months.

For terms of 13 months and longer, VCBNeo applies a rate of 5.8%/year, maintaining its position among banks with high online interest rates.

Latest Savings Interest Rates at Bac A Bank

Following a rate increase on October 9 of 0.05–0.25%/year for short terms, Bac A Bank has further adjusted savings interest rates from October 12.

Specifically, 6–11 month terms have increased by 0.2%/year, and 12–36 month terms by 0.3%/year. Notably, for deposits under 1 billion VND, the 12-month term rate has reached 5.8%/year, 13–15 month terms at 5.9%/year, and 18–36 month terms at 6.1%/year.

For deposits of 1 billion VND and above, Bac A Bank offers 6%/year for 12-month terms, 6.1%/year for 13–15 month terms, and 6.3%/year for 18–36 month terms, the highest rates currently available, surpassing Vikki Bank’s 6.2%/year.