TPBank applies tiered rate account up to 1% for individual customers' current accounts

Tien Phong Commercial Joint Stock Bank (TPBank) announced to raise the demand deposit interest rate applied to individual customers to 1%/year, continuing to bring more value to customers

In order to help customers increase benefits and optimize deposit sources, TPBank announced to increase the interest rate applied to demand deposits of individual customers to 1%/year. This decision was made after the State Bank decided to raise the maximum interest rate applicable to demand deposits from 0.5%/year to 1%/year.

Accordingly, with a current account balance of 200 million VND or more at the end of the day, individual customers at TPBank will enjoy the highest non-term interest rate of 1%/year. Individual customers with current account balances at the end of the day below VND 100 million and from VND 100 to under VND 200 million will enjoy interest rates of 0.2%/year and 0.5%/year, respectively.

This non-term interest rate will be paid to the customer's account on a monthly basis, based on the customer's ending balance at the current account. The more a customer maintains a balance on a checking account, the higher the interest rate will be.

Besides, coming to TPBank, customers also enjoy a series of other outstanding incentives such as free account opening with unlimited beautiful digital accounts including super VIP account, date of birth, mobile number,… Many fees such as money transfer fees within TPBank and interbank on TPBank App, cash withdrawal fees at ATMs of TPBank and other domestic banks, account management fees and transaction fees, etc., are waived.

Customers of TPBank can also freely express themselves when given a nickname account, a shopname account with their own imprint. Especially, with the average balance on the current account of 100 million VND or more in 3 months, in which, the latest month has a balance at the end of the day of 50 million VND or more, customers will become high-class customers and receive countless other perks.

For more information, please contact Hotline 1900 6036 or 1900 58 58 85, or visit TPBank's transaction points nationwide.

TPBank is one of nine banks upgraded by Moody's to be a good long-term issuer and depositor of local and foreign currencies. TPBank possesses good profitability, safe asset quality, and a solid capital base firm and high liquidity. Previously, TPBank announced information about a credit package of VND 5,000 billion with a special interest rate to support individual customers and corporate customers to actively source capital, promote business at the end of the year. as well as support the process of recovery and socio-economic development. Specifically, the beneficiaries of incentives are enterprises in 5 priority fields, export, green development, women-owned enterprises, customers who use multiple banking services, etc. The dependent interest rate will be reduced by 1.5% - 2% compared to the normal interest rate. Especially for businesses owned by women, there will be an additional 0.2% reduction compared to the above incentive. At the same time, TPBank also implemented a preferential interest rate program for individual customers for the purpose of serving production and business activities. Accordingly, individual customers will enjoy a maximum interest rate deduction of up to 2.5%/year above the applicable interest rate in the lending interest rate table for loan products for production and business with assets bank guarantee.