According to a survey by Lao Dong Newspaper reporters on March 4, MBBank's listed savings interest rate for 1-5 months is around 2.3 - 3%/year.

For terms of 6-11 months, MBBank lists savings interest rates from 3.6 - 3.9%/year.

Customers depositing money for 12-18 months receive interest rates from 4.6-4.8%/year.

Customers who save for 24-60 months receive the highest interest rate at 5.7%/year.

Customers with non-term deposits only receive interest at 0.1%/year.

Statistics of banks with the highest savings interest rates today:

Readers can quickly calculate bank interest using the following formula:

For example, you deposit 1 billion VND into MBBank, with an interest rate of 5.7% for a 24-month term. The interest you receive is estimated at:

1 billion VND x 5.7%/12 x 24 months = 114 million VND

Before making a deposit, readers should compare savings interest rates between banks and interest rates between terms to get the highest interest.