Cake by VPBank review
Updated October 14, 2026 · VaultCue Editorial Team
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Our verdict
Cake’s standard term deposit in Vietnam has a stated minimum of VND 100,000 and terms from 1 to 36 months. Interest can be paid at the beginning or end of the term, monthly or quarterly. The page describes partial or full early withdrawal subject to terms and confirms the deposit through Smart OTP.
Key facts
- Best for
- Vietnam customers comparing Cake standard term-deposit terms and interest-payment options.
- Headline rate
- 4.75% to 7.4%↗
- Rate type
- Fixed↗
- Term
- 1 to 36 months↗
- Minimum deposit
- ₫100,000↗
- Access terms
- Terms from 1 to 36 months; interest paid at beginning of term, end of term, monthly or quarterly; early partial or full withdrawal allowed, minimum partial withdrawal 100,000 VND (or 10% of the deposit) capped at 90% of the book, minimum remaining balance 100,000 VND; deposits covered by Vietnamese deposit insurance↗
- Account kind
- Fixed↗
- Legal entity
- VPBank Joint Stock Commercial Bank (Ngân hàng TMCP Việt Nam Thịnh Vượng)↗
- Headquarters
- Vietnam↗
- Founded
- 2021↗
- Support channels
- Phone, Email, Help-centre↗
- Pricing model
- Fixed rate
- Official website
- cake.vn
Money transfer
- Transfer fee
- 2-10 USD per transaction, plus 11,000 VND per month service fee (fees include 10% VAT)↗
- Delivery time
- Same day (VND credited the same day if funds arrive before the currency cut-off during processing hours, next business day if after cut-off)↗
- Payout methods
- Bank↗
- Currencies
- 10↗
- Fee to send 1,000
- $2 to $10↗
Everyday accounts
- Features
- Digital-only
Facts checked September 26, 2026, 6 sources
Apps and profiles
- Get the app
- App Store
- Elsewhere
- LinkedInfacebook.com
Pros and cons
Pros
- The listed deposit minimum is VND 100,000, with terms from 1 to 36 months.
- Interest-payment choices include the start or end of term, monthly or quarterly.
Cons
- Early partial or full withdrawal is subject to account terms; the page does not establish interest treatment after withdrawal.
Who it suits
- Customers in Vietnam reviewing standard term-deposit options in Cake’s VPBank digital ecosystem.
Deposit amount and term
The standard deposit page states a VND 100,000 minimum and terms from 1 to 36 months.
Interest and transaction flow
Interest can be paid at the beginning or end of term, monthly or quarterly. The page permits early withdrawal subject to terms and shows Smart OTP confirmation.
How Cake by VPBank compares
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8.4 vs 8.5
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8.4 vs 8.4
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8.4 vs 9.0
Where Cake by VPBank is available
- Available
- Vietnam
- Licence in Vietnam
- State Bank of Vietnam, checked September 26, 2026
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
What is the minimum deposit at Cake by VPBank?+
The minimum deposit at Cake by VPBank is ₫100,000. (Source, checked September 26, 2026)
Which company operates Cake by VPBank?+
Cake by VPBank is operated by VPBank Joint Stock Commercial Bank (Ngân hàng TMCP Việt Nam Thịnh Vượng). (Source, checked September 26, 2026)
Where is Cake by VPBank based?+
Cake by VPBank is based in Vietnam. (Source, checked September 26, 2026)
When was Cake by VPBank founded?+
Cake by VPBank was founded in 2021. (Source, checked September 26, 2026)
How can I contact Cake by VPBank support?+
Cake by VPBank offers support through Phone, Email, Help-centre. (Source, checked September 26, 2026)
Sources
- cake.vn checked September 26, 2026
Backs: Headquarters, Support channels
“Head office: No. 89 Lang Ha, Dong Da Ward, Hanoi City”
- cake.vn/dieu-kien-dieu-khoan/dieu-kien-giao-dich-chung-ve... checked September 26, 2026
Backs: Rate type
“General terms and conditions for the provision and use of the electronic term deposit service for retail customers at VPBank”
- cake.vn/gioi-thieu checked September 26, 2026
Backs: Founded, Legal entity, Licences
“On 12/01/2021 the digital bank Cake by VPBank officially launched”
- cake.vn/tai-khoan/nhan-tien-quoc-te checked September 26, 2026
Backs: Currencies, Delivery time, Payout methods
“Supports receiving up to 10 foreign currencies via SWIFT and 4 foreign currencies (USD, EUR, CAD, GBP) via domestic payment rails abroad”
- cake.vn/tai-khoan/nhan-tien-quoc-te/bieu-phi checked September 26, 2026
Backs: Transfer fee, Fee to send 1,000
“Service management fee 11,000 VND/month; USD ACH 2 USD/transaction; USD Fedwire 10 USD/transaction; EUR, GBP, CAD 2 USD/transaction; SWIFT 10 USD/transaction - the above fees include 10% VAT”
- cake.vn/tai-khoan/tai-khoan-thanh-toan checked September 26, 2026
Backs: Features
“Cake by VPBank digital bank - payment account”
- cake.vn/tien-gui/tien-gui-tieu-chuan checked September 26, 2026
Backs: Access terms, Account kind, Headline rate, Minimum deposit, Pricing model, Term
“Allowed to withdraw in part or in full before maturity. Partial withdrawal: minimum 100,000 VND (or 10% of the deposit value) and not exceeding 90% of the book value; minimum remaining balance must...”
Compiled from 7 source pages, checked October 14, 2026. We did not open an account.
Not confirmed yet: Deposit protection.
Related by the facts
Cake by VPBank
Vietnam customers comparing Cake standard term-deposit terms and interest-payment options.