Bank interest rates as of January 15, 2026: 6-month terms see a sharp increase, with the highest rate exceeding 8% per annum.

On January 15, 2026, the financial market witnessed a lively race to increase deposit interest rates, especially for the 6-month term. According to surveys, the highest listed interest rate currently reaches 7.1%/year, while the actual interest rate received after adding preferential policies has exceeded 8%/year, marking the highest level in the past year.

PGBank leads in listed interest rates.

Among the banks that have announced new interest rate schedules, PGBank currently holds the leading position for the 6-month term with a rate of 7.1%/year. Following closely behind is Bac A Bank with a rate of 7.0%/year for deposits of 1 billion VND or more. For balances under 1 billion VND, this bank maintains an attractive interest rate of 6.8%/year, among the highest in the market.

Techcombank also maintained a strong presence among the leading banks by offering online savings interest rates of up to 6.85% per year (including an additional 1% per year bonus). Meanwhile, ABBank, after its latest adjustment, raised its online interest rate to 6.5% per year for this term.

The actual interest rate exceeded 8% per annum thanks to additional policies.

A notable point in the current market is the significant difference between the listed interest rate and the actual interest rate received. For example, at NCB, although the listed interest rate is 6.2%/year, with an additional 2%/year, customers can enjoy an actual interest rate of over 8%/year for a 6-month term.

Similarly, ABBank applied a preferential policy adding 1.2%/year, pushing the effective interest rate up to 7.7%/year. PVCombank also attracted capital by raising the effective interest rate to 7.3%/year by adding 1.5%/year compared to the listed rate of 5.8%/year.

Market trends and detailed comparison table

According to statistics from the beginning of January 2026, eight banks have adjusted their deposit interest rates. The banks that increased interest rates include: VPBank, MSB, ABBank, Bac A Bank, LPBank, VCBNeo, and BaoViet Bank. Conversely, ACB is one of the rare banks that slightly reduced interest rates for the 3-month term.

Below is a summary table of listed interest rates for 6-month terms at commercial banks, updated on January 15, 2026:

Overall, interest rates above 6.5% per annum, which were considered rare just three months ago, have now become commonplace. The race to attract deposits is expected to become even more complex as banks continuously offer special incentives to attract customers with large deposit balances.