According to a survey by Lao Dong Newspaper reporters with nearly 30 banks in the system, PVcomBank's interest rate is leading the market for 13-month terms. For 13-month terms, PVcomBank is listing the highest savings interest rate at 9.5%/year, for mass savings products, applied to savings deposits at the counter for newly opened deposit balances of VND2,000 billion or more. This interest rate has decreased by 0.5% compared to early March.

Under normal conditions, PVcomBank is listing the highest interest rate for a 13-month term at 4.7%/year when customers deposit savings at the counter.

HDBank applies an interest rate of 8.1%/year for a 13-month term with the condition of maintaining a minimum balance of VND300 billion. When customers deposit at the counter, under normal conditions, they only receive an interest rate of 5%/year. If they deposit online, customers receive an interest rate of 5.1%/year.

Cake by VPBank is listing the highest interest rate for a 12-month term at 5.5% when customers receive interest at the end of the term. The highest interest rate Cake by VPBank is listing is 5.8% for a 24-36 month term.

NamABank is listing the highest interest rate for a 13-month term at 5.1%/year when customers deposit money online and receive interest at the end of the term. NamABank is listing interest rates ranging from 0.5-5.5%/year.

NCB is listing the highest interest rate for a 13-month term at 5.1%/year when customers deposit savings at An Phu. Customers depositing traditional savings receive an interest rate of 5%/year.

You can refer to the interest calculation method to know how much interest you will receive after saving. To calculate interest, you can apply the formula:

For example, you deposit 1 billion VND in Bank A, term 13 months and enjoy interest rate 5.1%/year, the interest received is as follows:

1 billion VND x 5.1%/12 x 13 = 55.25 million VND.