Latest ACB Bank Interest Rates: Updated 2022

Established in 1993, Asia Commercial Bank (ACB) has built a solid reputation over the years, ranking among the top trustworthy banks with competitive interest rates. Below is the latest ACB Bank interest rates for your reference.

What are the current interest rates at ACB Bank? Check out the updated savings and loan interest rates at ACB Bank.

1. Latest ACB Bank Savings Interest Rates

At ACB, there are two main savings options: Term deposits and online savings. Specifically:

- The minimum deposit for weekly term deposits or term deposits with upfront interest is 10 million VND.

- Customers withdrawing before term must provide a minimum of 01-day notice, and if ACB can accommodate, immediate payment is possible.

- Withdrawals made within 7 days from the account opening date will not accrue interest.

- The ACB bank interest rates apply to individual customers only and serve as reference. For specific rates, you can contact the nearest ACB branch or call the support hotline.

1.1. Term Deposit Interest Rates

The traditional term deposit interest rates table at ACB Bank has undergone some adjustments, effective from November 2022. Specifically:

- For terms ranging from 1 to 36 months, interest rates range from 4% to 7% per annum.

- For 1-month, 2-month, and 3-month terms, the bank's interest rates are 4% per annum, 4.1% per annum, and 4.2% per annum respectively.

- For 6-month and 9-month terms, deposit interest rates are 5.5% per annum and 5.7% per annum respectively.

- The 13-month term is currently at 7% per annum.

ACB Bank's term deposit interest rates table

1.2. Online Deposit Interest Rates at ACB Bank

According to the survey and comparison data between October and November 2022, while regular savings interest rates at ACB Bank saw only minor adjustments, online savings rates surged, increasing by 0.3 - 0.6% compared to the most recent adjustment.

Online savings interest rates at ACB Bank

In addition to the above-mentioned savings methods, ACB Bank also offers other attractive savings packages such as:

- Fortune Package: Offering even higher returns compared to traditional savings, up to 1.8% per annum, with interest rates up to 6.5% per annum.

- Future Accumulation Package: With terms ranging from 12, 18, 24, 36 to 60 months, receiving interest at maturity. Customers enjoy attractive interest rates based on each fixed deposit amount and duration, ranging from 6.90% to 7.60% per annum.

Similar to ACB, Sacombank is also rated by consumers as one of the top banks, offering attractive interest rates, competing in the current market. Please refer to the article on Sacombank's interest rates (savings interest, lending interest) for comparison and verification.

2. Calculating Interest Rates at ACB Bank

* Formula for calculating term deposit interest rates at ACB:

Interest amount = deposit amount x interest rate/annum/12 x number of months deposited

* Formula for calculating non-term deposit interest rates at ACB:

Interest amount = deposit amount x interest rate/annum x number of days deposited/360

To ensure accurate and faster results, you can utilize the ACB Bank online interest rate calculator here.

Note: If you have any inquiries or need advice regarding interest rates, you can contact ACB Bank's Customer Service via email at [email protected] or the Hotline (028) 38.247 247 for the quickest support. Alternatively, you can visit the bank directly during business hours on weekdays to discuss with a transaction officer. (Click here to view the latest ACB Bank working hours).

With attractive interest rates ranging from 4.95% - 7.8% per annum, along with various savings options, ACB Bank is certainly an effective platform for investing idle funds. Hopefully, through insights into ACB Bank's interest rates and the simple interest calculation method mentioned above, the article will be helpful in choosing the most profitable investment method for you.

Different from joint-stock commercial banks, major players in the 'Big 4' group such as Vietcombank, Vietinbank, BIDV, etc., usually offer lower deposit and lending interest rates ranging from 0.3 - 2% per annum across terms. For detailed information, please refer to the article on Vietinbank interest rates and make a comparison to decide on the best banking option for yourself.