MB reduces interest rates on certificates of deposit by up to 1.8%, with the highest rate now at 7.1% per year.

On June 26, 2026, Military Commercial Joint Stock Bank (MB) officially adjusted down interest rates on certificates of deposit across most maturities. This move reflects a growing trend among major banks to lower deposit interest rates on certificate-of-deposit products.

Significant fluctuations in MB's certificate of deposit interest rates.

According to MB's recently published interest rate schedule, the interest rate for weekly term certificates of deposit saw the deepest decline, falling by 1.8 percentage points to 3.5% per year. For daily term certificates, the interest rate also decreased by 0.2 percentage points, currently standing at only 1% per year.

Interest rates for terms from 1 to 5 months were also uniformly adjusted downwards:

• 1-month term:Reduced by 0.5 percentage points, to 6.2% per year.
• 2-month term:Reduced by 0.3 percentage points, to 6.5% per year.
• 3-month term:Decreased by 0.3 percentage points, to 6.8% per year.
• 4-month term:Decreased by 0.2 percentage points, to 6.9% per year.
• 5-month term:Decreased slightly by 0.1 percentage point, to 7% per year.

Notably, MB Bank has maintained the interest rate for 6-month term certificates at 7.1% per annum. This is currently the highest deposit interest rate offered by the bank for this product line.

Online savings interest rates remain stable.

Contrary to the downward trend in certificates of deposit, MB Bank decided to maintain its online savings interest rates. Specifically, the interest rate for a 1-month term remains at 4.5%/year, for 6-11 month terms at 5.8%/year, and for 12-18 month terms at 6.35%/year. The highest online savings interest rate offered by this bank remains at 7%/year, applicable to long-term deposits from 24 to 60 months.

Regarding transaction conditions, MB allows customers to own certificates of deposit with fairly flexible capital amounts, starting from just 200,000 VND and being a multiple of 100,000 VND.

General trends in the currency market

Prior to MB, Vietcombank also implemented a reduction in deposit interest rates for certificates of deposit. At Vietcombank, the interest rate for a 12-month term decreased from 7.9%/year to 7.4%/year. This product is issued through the VCB Digibank application with a face value of 100,000 VND/certificate.

A key characteristic of certificates of deposit is that customers cannot withdraw their funds before maturity. However, to support depositors, banks often offer solutions that allow the transfer of ownership or use of certificates of deposit as collateral for loans when urgent liquidity is needed.

Online deposit interest rate table at banks as of June 26, 2026 (%/year)