To offer customers a more effective and flexible savings solution, Vietcombank has launched online certificates of deposit (CDs) for individual customers on its VCB Digibank digital banking platform. The product offers an attractive interest rate of 6 per cent per year, with the option for customers to sell the certificates back when liquidity needs arise.

Easy online purchase, higher returns than regular savings

Vietcombank’s certificates of deposit have a 12-month tenor and a face value of VNĐ100,000 per certificate. The interest rate for this issuance is fixed at 6 per cent per annum, significantly higher than that of conventional savings deposits.

The certificates are issued entirely via VCB Digibank, allowing customers to complete transactions online without visiting a branch. Upon successful purchase, customers receive an electronic certificate of ownership via email. This marks the first time in Việt Nam that certificates of deposit are issued and owned fully online by a commercial bank, offering customers a secure and convenient way to invest idle funds.

Flexible liquidity through resale or collateralisation

When funding needs arise, customers can easily sell their certificates of deposit to Vietcombank Securities Company (VCBS) directly on the VCB Digibank platform in a simple and fast process.

In addition, the certificates can be transferred to other holders, used as collateral for loans, or utilised for financial verification purposes when travelling or studying abroad, as well as for other transactions at Vietcombank.

Limited issuance

According to a Vietcombank representative, this issuance - running until January 30, 2026 - is limited in scale. The bank will consider additional issuances in the future depending on market demand.

Transactions for buying and selling certificates of deposit on VCB Digibank are available from 9:00 a.m. to 3:00 p.m. on working days, excluding weekends and public holidays.

The launch of online certificates of deposit further reinforces Vietcombank’s leading position in diversifying digital banking products, offering customers modern savings solutions that align with increasingly flexible personal financial management needs in today’s environment.

VCB News