Deposit at VIB to get high bonus interest rate in cash

June 17, 2014 | 12:55

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From June 16, the Vietnam International Bank (VIB) has launched the promotion “Extremely hot deposit rate” applicable to individual customers nationwide.

Accordingly, by setting up seven-month deposits at VIB, customers will receive a lucky code that may enable them to receive cash, corresponding to the highest deposit rate up to 10 per cent per annum.

Under the two-month promotion individual customers (including both Vietnamese and foreigners) will receive a lucky code if they set up seven-month deposit of at least VND50 million ($2,380) at the bank.

All eligible depositors will get a bonus interest rate in cash based on the last two numbers on their lucky codes.

The last two numbers on lucky code	Bonus interest rate
From 00 to 49	0.1%
From 50 to 79	0.3%
From 80 to 95	0.5%
From 96 to 99	3.5%

Specially, in case customers need money, they can mortgage their savings books at VIB to get a loan and enjoy preferential interest rates.

“Apart from boosting credit, we will also focus on mobilising funds in order to provide customers with both a secure savings channel and high interest rates,” said a VIB source.

In late 2013, VIB launched the promotion “Deposit at VIB to get fashionable bags” that was highly supported by the customers. That was also the first time VIB had collaborated with famous designer Do Manh Cuong to offer a collection of fashionable bags to families.