Buzz
Exploring the savings interest rates at Bac A Bank.
1. Should you save with Bac A Bank?
2. Savings packages at Bac A Bank.
3. Savings interest rates at Bac A Bank.
Should you consider saving with Bac A Bank?
With over 20 years of reputable and stable operation, Bac A Bank is a trusted banking destination for managing your finances.
Benefits of saving with Bac A Bank:
- Diverse and flexible deposit products designed to optimize the value of deposits for customers
- Various promotion programs, gifts, and additional interest rates to encourage customers to deposit
- Bac A Bank offers competitive savings interest rates ranging from 1% to 8.2% per annum depending on the deposit term
- Simple deposit procedures, quick transactions, and convenience
Explore the different savings packages at Bac A Bank
- Savings package for individual customers
+ Term savings
+ Daily interest savings
+ Senior savings (Additional interest rate incentives)
+ Online deposits (Higher interest rates compared to regular savings)
- Savings package for business customers
+ Payment deposits
+ Term deposits
+ True Account
3. Savings interest rates at Bac A Bank
On June 1st, 2019, Bac A Bank announced the deposit interest rates for individual and business customers interested in saving at the bank. Specifically, the current savings interest rates at Bac A Bank are as follows:
For deposits with a term of 1 week to 3 weeks, GPBank offers an interest rate of 1% per annum for non-term deposits.
Under the monthly interest payment method, GPBank applies an interest rate of 5.4% per annum for terms of 2 months, 3 months, 4 months, and 5 months. For deposits with terms ranging from 6 months to 9 months, the interest rate difference is not significant, ranging from 7.0% to 7.2% per annum.
The interest rate for 10-month and 11-month fixed-term deposits is 7.4% per annum. Fixed-term deposits for 12 months, 13 months, 15 months, 18 months, 24 months, and 36 months all apply the same interest rate of 7.5% per annum (a decrease of 4% compared to February 2019).
Under the quarterly interest payment method, GPBank applies an average increase of 0.1% per annum to the interest rates for terms of 6 months, 9 months, 12 months, 15 months, 18 months, 24 months, and 36 months compared to the monthly interest payment method. For the remaining deposit terms, the interest rates remain unchanged.
With the end-of-term interest payment method, the highest interest rate offered by GPBank is 7.8% per annum for terms >12 months. Terms ranging from 6 months to 1 year have interest rates ranging from 7.3% to 7.6% per annum. Terms from 1 month to 5 months are all mobilized at an interest rate of 5.5% per annum.
- Detailed deposit interest rates table for BacABank (Updated June 2019)
Tips for saving at BacABank in June 2019
- It is advisable to choose a 1-year deposit term instead of deposit terms of 13 months, 24 months, and 36 months (GPBank applies the same interest rate for deposit terms >12 months).
- Base your choice of suitable savings packages for yourself and your family on future money usage plans, in order to maximize the benefits of BacABank's promotional programs and interest rate offers.
Promotional program currently offered by GPBank for savings customers at the bank starting from June 1, 2019
With all the information about Bac A Bank's savings deposit interest rates above, Mytour hopes you gain more knowledge to choose the best savings option for yourself. Additionally, you can find out Bac A Bank account numbers, where to find them, and how many digits to facilitate transactions easily.
