Cake by VPBank review
Updated October 12, 2026 · SumCue Editorial Team
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Our verdict
For people who want fully digital daily banking without branch visits, Cake by VPBank offers a technology led bank shaped around everyday spending and account tasks. Its custom card option and in app statements show why more than 7.6 million customers use it after nearly six years.
Key facts
Loans
- Loan amount
- ₫5,000,000 to ₫60,000,000↗
- Term
- 1 to 36 months↗
- Funding time
- Approved in 2 minutes, 100% online disbursement↗
- Rate type
- Fixed↗
- Lender type
- Direct lender↗
- Free early repayment
- No↗
- Eligibility
- Cake account holders with Vietnamese nationality, aged 20 to 50, income from VND 5,000,000↗
- Loan types
- Personal↗
- Pricing model
- Fixed rate
Savings
- Headline rate
- 4.75% to 7.4%↗
- 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↗
Credit cards
- Card kind
- Credit↗
Facts checked September 26, 2026, 8 sources
Apps and profiles
- Get the app
- App Store
Pros and cons
Pros
- Technology led digital bank built around everyday spending needs
- Customisable two in one card design under premium terms
- In app statements and balance confirmation for account tasks
- Built in warning that flags transfers with fraud risk signs
Cons
- Digital only service with no mention of physical branch support
- Vietnamese daily banking focus that may limit international use
- Premium card customisation applies only under specific terms
Who it suits
- People who want app based everyday banking
- Customers who want in app statements and transfer alerts
Who should look elsewhere
- People who prefer branch based banking
How Cake by VPBank compares
Where Cake by VPBank is available
- Available
- Vietnam
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
Which products does Cake by VPBank cover?+
Cake covers everyday digital banking alongside account statements and balance confirmation. It also provides a customisable two in one card option and flexible small borrowing. Fraud risk warnings support transfers before money moves.
How does the app help manage an account?+
The Cake Bank app lets you request an account statement or balance confirmation directly. You can follow daily spending and check balances without visiting a branch. The process is designed to feel simple and joined up.
How does Cake help with suspicious transactions?+
Cake provides a warning feature for transactions suspected of involving fraud. It helps you notice signs of risk before you send a transfer. The aim is earlier awareness and safer everyday payments.
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: Support channels
“HOTLINE 1900 636 686 ... EMAIL ... and Help: Frequently asked questions (/huong-dan-su-dung)”
- cake.vn checked September 26, 2026
Backs: Headquarters
“Ngan hang so Cake by VPBank”
- 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/dieu-kien-dieu-khoan/dieu-kien-giao-dich-chung-ve... checked September 26, 2026
Backs: Card type
“Phat hanh & su dung The ghi no - debit card issuance and use (Tai khoan thanh toan)”
- cake.vn/gioi-thieu checked September 26, 2026
Backs: Founded, Legal entity, Lender type
“On 12/01/2021 the digital bank Cake by VPBank officially launched”
- cake.vn/khoan-vay/vay-nhanh checked September 26, 2026
Backs: Loan amount, Eligibility, Features, Free early repayment, Funding time, Loan types
“Hạn mức từ 5 - 60 triệu đồng, phù hợp với mọi nhu cầu (Vay nhanh)”
- cake.vn/the-tin-dung-2in1 checked September 26, 2026
Backs: Card kind
“The tin dung 2in1”
- 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 8 source pages, checked October 13, 2026. We did not open an account.
Not confirmed yet: Monthly fee, Currency conversion fee, Free ATM withdrawals, Protection.