Technology

Simple guide on how to send online savings with BIDV, easily done on your phone

More and more people are applying the BIDV online savings method due to its convenience and speed. The entire process of depositing and withdrawing savings is done on the phone, and customers can check their savings anytime without having to go to the counter.

Administrator

19 February, 2024

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Nowadays, almost all banks offer 2 forms of savings: in-person at the bank and online. BIDV is no exception. If you want to learn how to save online with BIDV, follow FPT Shop’s guide.

Is it safe to save online with BIDV?

Before learning how to save online with BIDV, you need to know some information about this service.

What is BIDV online savings?

BIDV online savings is considered a popular investment method. Through this method, customers deposit money into BIDV bank using online methods for the purpose of saving. During the deposit period, the initial amount will earn interest based on the interest rate set at the start of the deposit. The interest rate will fluctuate over time and is not fixed. The amount of interest received depends on the deposit amount and the interest rate. The higher the interest rate, the more interest earned.

Is BIDV savings safe?

Whether BIDV online savings is safe or not is a concern for many people because money is an important asset. When depositing money online at BIDV, you can be completely assured. BIDV is one of the largest and most reputable banks in the Vietnamese market today. In addition to diversifying products and services, the bank also has a highly secure system to ensure the safety of customer information and assets.

Moreover, BIDV online savings can be done directly on a mobile device, without any intervention from a bank teller. The process is carried out through multiple steps with multiple layers of security such as OTP verification code, Smart OTP PIN code. In addition, the system also sends confirmation information to users to ensure accuracy before making the deposit.

Transaction authentication information cannot be falsified, so it ensures reliability. You can also regularly check your savings account on the BIDV SmartBanking app for peace of mind.

Conditions for BIDV online savings

To be able to save online with BIDV, customers need to meet the following requirements:

The savings account holder must be at least 18 years old.
The resident is an organization or individual in Vietnam and meets the conditions for using banking services as regulated (BIDV Business online, BIDV SmartBanking).

Minimum balance in the account:

For individuals: 1,000,000 VND.
For organizations: 10,000,000 VND.

How to save online with BIDV quickly

To save online with BIDV, you can perform the following steps through the BIDV SmartBanking app on your smartphone or access the website on your computer or tablet. Although the interface may be slightly different, the sequence of steps is the same.

Steps to save online with BIDV

FPT Shop will guide you through the steps to save with BIDV using the BIDV SmartBanking app. This app not only allows you to save online quickly, but also supports many other transactions such as checking accounts, balances, transferring money, receiving money, paying bills, shopping payments, and more.

If you haven’t downloaded the BIDV SmartBanking app, visit CH Play (Android phone) or App Store (iPhone) and download it.

Download link for Android: Here.
Download link for iOS: Here.

Step 1: Access the BIDV SmartBanking app on your phone or website at this address and log in to your account.

Step 2: After successfully logging in, you will enter the main interface of the app. Here, select Savings > Select Save online.

Step 3: Fill in and select the required information, including:

Source account: Your BIDV account. The current balance will be displayed below.
Savings product: You can choose Early interest payment, Late interest payment, or Monthly payment depending on your needs.

Term: Choose the deposit term, with a minimum of 7 days and a maximum of 36 months.
Deposit amount: Enter the amount you want to deposit (unit: VND). This amount must not exceed the account balance. You can click on View interest rate to see the amount of interest you will receive corresponding to the deposit amount and time.
Maturity method: Choose No rollover, Principal rollover, or Principal and interest rollover.

Transaction content: You can edit existing content or leave it blank.

Step 4: After completing the sections, click Continue.

Review all the information in the Transaction confirmation interface. Then, enter the OTP verification code sent to your phone and click Confirm to complete the transaction.

You will receive a Transaction successful notification. You can save this image as evidence or use it when necessary.

Note that to be able to save online with BIDV, you need to register to use the BIDV SmartBanking service. Refer to the article: All about BIDV SmartBanking and the utilities when using for instructions.

Some notes when saving online with BIDV

Although BIDV online savings is quite simple, during the process, you need to note the following:

Thoroughly research information related to interest rates, the way to receive money, and ongoing promotions. This will help you be more proactive when you need to withdraw money and protect your rights to the amount of interest you will receive.
If you are not confident in doing it yourself at home, you can contact customer service through the BIDV hotline or go directly to the branch/transaction office to avoid errors that may occur during the process.
If you want more information or encounter issues that cannot be resolved on your own, please contact the BIDV customer service department.

What is the interest rate for BIDV online savings?

The interest rate for BIDV online savings will vary depending on the time and general market conditions. However, the interest rate for BIDV online savings is usually 0.2% – 0.5% per year higher than the interest rate for savings at the counter. This policy may change depending on each period. To know the exact interest rate, you can access this website.

Should you save online with BIDV?

In addition to the advantage of safety, saving online with BIDV brings many benefits to customers. Some of these benefits include:

Quickly deposit/withdraw money on the BIDV SmartBanking app on your phone or computer with an internet connection.
Convenience, can be done anytime, anywhere, without time and location limitations, without having to go to a transaction office.
Quickly check account information whenever needed.
High security, only the account holder can deposit/withdraw money from the savings account.
Allows saving with a small amount of money (minimum 1,000,000 VND) and for a short period of time (minimum 7 days).
Opportunity to participate in attractive promotions from BIDV.
No need to worry about losing or managing savings books.

In conclusion

FPT Shop has provided you with a detailed guide on how to save online with BIDV quickly and easily. With BIDV SmartBanking, you can do it on your smartphone or computer without having to go to a bank branch/transaction office.