As of October 3, 2026, the bank interest rates in Vietnam have become increasingly appealing, particularly for short-term deposits. Notably, Cake by VPBank has announced a deposit interest rate of 7.2% per annum for terms ranging from 6 to 9 months. For those opting to receive interest at the beginning of the term, monthly, or quarterly, the rates are set at 6.78%, 7.02%, and 7.09% respectively.

For longer terms, specifically from 10 to 24 months, the interest rate reaches 7.4% per annum. A special promotion running from September 22 to October 31, 2026, adds an additional 2.2% per annum, bringing the effective interest rate for deposits of 10 to 13 months up to 9.6% per annum. This promotion is available to both first-time depositors and those renewing their savings accounts.

To qualify for this promotional rate, first-time depositors must make a minimum deposit of 100,000 VND for a term between 6 to 13 months without early withdrawal. The additional interest is directly added to the listed rates and paid according to the chosen interest payment schedule.

For existing customers renewing their savings accounts, the promotion applies to deposits with maturity dates from September 22 to October 31, 2026. The minimum renewal deposit must be 5 million VND, and the terms range from 6 to 13 months.

Under normal conditions, the detailed interest rates for Cake by VPBank are as follows:

• 1-5 months: 4.75% per annum
• 6-9 months: 7.20% per annum
• 10-24 months: 7.40% per annum
• 36 months: 6.30% per annum

It is important to note that the information regarding interest rates is for reference only and may change over time. Customers are encouraged to contact their nearest bank branch or hotline for specific inquiries.

For more information on current bank interest rates, readers can refer to additional articles available on the website.