Following the mid-August adjustments, Bac A Bank has once again increased its savings rates, effective from September 11. The bank has raised rates by 0.15% per annum for 1-11-month deposits and 0.1% per annum for 12-36-month deposits.
Specifically, for deposits below VND 1 billion with interest payable at maturity, the bank offers the following rates: 3.65% per annum (1-2 months), 4.05% per annum (4 months), 4.15% per annum (5 months), 5.15% per annum (6-8 months), 5.25% per annum (9-11 months), 5.7% per annum (12 months), and 5.75% per annum (13-15 months).
The highest savings rate at Bac A Bank
is 5.85% per annum, applicable to deposits below VND 1 billion with an 18-36-month term.
Bac A Bank has also made similar adjustments for deposits of VND 1 billion and above, offering rates that are 0.2% per annum higher than those for deposits below VND 1 billion. The highest savings rate at Bac A Bank is 6.05% per annum, applicable to deposits of VND 1 billion and above with an 18-36-month term and interest payable at maturity.
OCB’s savings rates
have also increased from September 11. Specifically, OCB has raised rates by 0.2% per annum for 1-8-month deposits and 0.1% per annum for 9-11-month deposits, while maintaining the rates for other tenors.
According to the online savings rate table, the savings rates for 1-month, 2-month, 3-4-month, 5-month, 6-8-month, and 9-11-month tenors are 3.9% per annum, 4% per annum, 4.1% per annum, 4.5% per annum, 5.1% per annum, and 5.1% per annum, respectively.
The rates for 12-15-month deposits remain at 5.2% per annum, while those for 18-month, 21-month, 24-month, and 36-month tenors are 5.4% per annum, 5.5% per annum, 5.6% per annum, and 5.8% per annum, respectively.
This week also saw an adjustment in
NCB’s savings rates.
According to the An Phu online savings product rate table, rates for tenors ranging from 1 to 15 months have increased by 0.1% per annum, while those for tenors from 18 to 36 months have risen by 0.05% per annum.
Specifically, the rates for 1-month, 2-month, 3-month, 4-month, 5-month, 6-month, 7-month, 8-month, 9-month, 10-month, and 11-month deposits are 3.8% per annum, 4% per annum, 4.1% per annum, 4.2% per annum, 4.3% per annum, 5.45% per annum, 5.5% per annum, 5.55% per annum, 5.56% per annum, 5.7% per annum, and 5.75% per annum, respectively.
The savings rate for 12-month deposits has increased to 5.8% per annum, while the rates for 13-month and 15-month tenors are now 5.9% per annum. The rates for 18-month to 36-month deposits have also gone up to 6.15% per annum.
Techcombank has also announced an adjustment to its savings rates effective from September 12, with increases of 0.2-0.3% per annum for select tenors. Currently,
Techcombank’s savings rates
range from 3.6% to 5.2% per annum for 1-12-month tenors. Specifically, the rates for 1-2-month, 3-5-month, 6-11-month, and 12-month deposits are 3.6% per annum, 3.85% per annum, 4.8% per annum, and 5.2% per annum, respectively.
Thus, since the beginning of September, several banks, including Dong A Bank, OceanBank, VietBank, GPBank, Agribank, Bac A Bank, NCB, and OCB, have raised their savings rates. The overall savings rate has also increased by 0.05% to 6.15% per annum for regular deposits. This rate is offered by OceanBank for 18-36-month tenors.
Conversely, ABBank is the first bank to reduce its deposit rates, with decreases ranging from 0.1% to 0.4% per annum for 1-12-month tenors.
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A Bank Increases Savings Interest Rates Across Most Tenures Starting Today (11/9)
“For those seeking to grow their savings, this bank offers a competitive advantage. With an additional 0.15% interest annually for fixed deposits ranging from 1 to 11 months, and 0.1% for 12 to 36-month tenures, your money has the potential to work harder. Maximize your returns and take advantage of this opportunity to boost your financial portfolio.”
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