Bank Deposit Interest Rates
Compare savings, fixed-deposit, and digital-deposit interest rates from every Thai commercial and state-owned bank. See which bank offers the highest rate, plus a compounding fixed-deposit interest calculator you can use right away — no login required.
- Manually verified at the start of every month (days 1–3) — cross-checked against each bank's official website, so we stay on top of rate changes and BOT policy.
- If BOT adjusts the policy rate mid-month, we update as needed.
- Automatic data-age detection: if data is older than 35 days (yellow) or 65 days (red), the banner above changes color to warn you.
- Why not pull automatically? Bank websites render their tables with JavaScript in 14 different structures — automated scraping isn't reliable, so we verify by hand for accuracy.
- Each row has a source link to the bank's official website — you can always click through to verify the latest rate yourself.
- Digital deposit rates (the "Digital" column) often come with balance caps (e.g. only on the first 100,000–200,000 THB) — see the bank's website for details.
Fixed Deposit Interest Calculator
Calculate compound interest — enter the principal, interest rate, and term, and see the result instantly.
Which bank offers the highest deposit rate?
The comparison table above shows that mid-sized and smaller banks tend to offer higher deposit rates than the big four commercial banks (KBank, SCB, BBL, KTB), because smaller banks need to attract deposits to grow their customer base. Banks that typically offer higher rates include TISCO, Kiatnakin Phatra (KKP), Land and Houses Bank (LHBank), and CIMB Thai (CIMB).
However, interest rates change according to each bank's policy and to economic conditions — especially the policy rate set by the Bank of Thailand (BOT). When BOT raises or lowers the policy rate, deposit and lending rates at commercial banks usually follow.
How do the deposit types differ?
Savings Account
A deposit you can withdraw at any time with no fixed term, but it pays the lowest interest (typically 0.50–1.25% per year). Best for funds that need high liquidity, such as salary deposits or an emergency fund.
Digital Deposit (MEbuddy, Dime!, etc.)
App-based deposits that usually pay more than a standard savings account (1.25–1.80%) because the bank saves on branch costs. Examples include MEbuddy from the Government Housing Bank, Dime! from SCB, and MAKE by KBank. They allow withdrawals anytime but usually cap the maximum balance per account.
Fixed Deposit
A deposit locked in for a fixed term of 3, 6, 12, 24, or 36 months. The interest rate is higher than a savings account, and the longer the term, the higher the rate. The trade-off is that withdrawing early forfeits interest (usually you only get the savings rate or lower). Best for funds you won't need in the short term.
Which type of deposit is the best value?
Choosing a deposit type shouldn't be only about "the highest interest" — you also need to factor in your liquidity needs for that money. Popular strategies include:
- Allocate by portion: Keep an emergency fund (3–6 months of expenses) in a savings or digital account for instant withdrawal, and put long-term investment funds in a fixed deposit.
- CD Ladder: Split your fixed deposit into several pieces that mature in different months (e.g. 3/6/9/12 months), so funds free up every quarter while you still earn a high rate.
- Compare after-tax interest: Deposit interest is subject to 1% withholding tax, so compare net returns when choosing.
- Watch the conditions: Some digital deposits cap the maximum balance, require a minimum deposit, or only allow transactions through the app.
If you want higher returns than deposits and can take some risk, consider a Money Market Fund, which invests in deposits and short-term bills. For more, see our mutual fund guide.
