Bank interest rates on January 14, 2026: Many banks significantly increased rates, reaching 7.5%.
The wave of deposit interest rate increases continued to spread across many commercial banks on January 14, 2026, with the highest interest rates recorded exceeding 7.5% at some institutions.
The financial market on January 14, 2026 witnessed a widespread increase in deposit interest rates across the Vietnamese banking system. Under pressure to attract capital to meet the disbursement needs for production and business activities starting in the first quarter, many banks simultaneously adjusted their interest rate schedules upwards across various maturities, bringing the overall deposit level significantly higher compared to the same period last year.
At Techcombank (Vietnam Technological and Commercial Joint Stock Bank), the interest rate schedule effective from January 14, 2026, demonstrates flexibility across different transaction channels. Notably, the bank continues to prioritize online savings deposits. Customers who choose to deposit money through the digital banking application often enjoy higher interest rates, ranging from 0.1% to 0.4% per year, compared to deposits made at the counter, depending on the specific term.
For short-term deposits under 6 months, interest rates at Techcombank currently range from 3.15% to 4.75% per year. For medium and long-term deposits such as 6 months, 9 months, and 12 months, the bank lists interest rates exceeding 5% and reaching nearly 7% per year for some specific deposit products or those dành for priority customer segments.
A clear differentiation exists across the entire system.
The upward trend in interest rates is not limited to private joint-stock commercial banks but has also spread to state-owned banks. Institutions such as VPBank, LPBank, and VCBNeo have established new interest rate benchmarks, with many long-term maturities exceeding 6.4% per annum. For customers with large capital reserves, negotiated interest rates can reach even more impressive figures, reflecting the increasingly intense competition for capital mobilization in the early days of 2026.
While large banks maintain stability to protect profit margins, mid-sized banks are willing to push interest rates higher to increase market share and ensure liquidity. According to economic experts, the slight increase in interest rates signals a strong recovery in demand for loans in the economy, and is also an effort by credit institutions to retain customers in the face of competing investment channels such as gold or real estate.
Advice for depositors
Experts believe this is a favorable time for people to implement their financial accumulation plans. However, customers need to carefully consider the accompanying terms and conditions, such as early withdrawal rights or promotional programs, instead of focusing solely on the listed interest rate. Dividing deposits into multiple terms is also a smart strategy to both enjoy higher interest rates and ensure financial security.
Looking ahead, deposit interest rates are expected to remain high or experience a slight upward adjustment if inflationary and exchange rate pressures persist. Flexible management from the State Bank of Vietnam will be key to ensuring a stable monetary market and harmonizing the interests of depositors and borrowers throughout 2026.
