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Krungthai Bank review

Updated September 28, 2026 · SumCue Editorial Team · Facts checked September 26, 2026

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Our verdict

Krungthai Bank is a straightforward Thai bank for savers who need an everyday account with no monthly cost and a small opening deposit, not for anyone chasing a competitive rate. The headline rate of 0.25% sits well under the savings median of 3%.

Key facts

Best for
Keeping everyday baht in an easy-access account with no monthly fee
Headline rate
0.25%↗
Rate type
Variable↗
Minimum deposit
THB 500↗
Access terms
Savings account, easy to deposit and withdraw, interest calculated daily, interest paid twice a year; opened from 500 baht↗
Monthly fee
THB 0↗
Account kind
Easy access↗
Legal entity
Krungthai Bank PCL↗
Headquarters
Thailand↗
Founded
1966↗
Support channels
Help-centre, Phone↗
Official website
krungthai.com

Debit cards

Currency conversion fee
0%↗
Card type
Debit↗
Card network
Mastercard↗
Features
Travel

Loans

Lender type
Direct lender↗
Loan types
Personal, Debt-consolidation, Secured, Student↗

Mortgages

Maximum loan to value
90% to 100%↗
Purpose
Purchase, Remortgage, First-time-buyer, Home-equity↗

Facts checked September 26, 2026, 9 sources

Apps and profiles

Get the app
App Store
Elsewhere
WikidataWikipediaX

Pros and cons

Pros

  • Monthly fee of THB 0 on the savings account
  • Minimum deposit of THB 500 keeps the entry point low
  • Interest is calculated daily and paid twice a year, per the published access terms
  • Currency conversion fee of 0% on card use

Cons

  • Headline rate of 0.25% is far below the savings median of 3%
  • The account is easy-access and variable rather than a fixed term, so the rate can move
  • Support runs on help centre and phone only
Krungthai Bank

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Scored 9.0 / 10 by SumCue.

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Who it suits

  • Savers in Thailand who want a single market and low friction on everyday money
  • Anyone holding baht who values a no-monthly-fee account over a higher rate

Who should look elsewhere

  • People chasing a higher savings rate, who would see bunq at 3.01%
  • Balances held in other currencies, where Wise at 3.29% pays more

Fees and FX

The savings account carries a monthly fee of THB 0 and opens from a minimum deposit of THB 500. On the card side the currency conversion fee is 0%, and the card itself is a debit card on the mastercard network with a travel focus. The published access terms note that deposits and withdrawals are easy and that interest is calculated daily and paid twice a year, so nothing in the pricing depends on a lock-in period.

How Krungthai Bank compares

Where Krungthai Bank is available

Available
Thailand

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

What interest does this savings account pay?+

The headline rate is 0.25%, and the rate type is variable rather than fixed. Interest is calculated daily and credited twice a year, according to the published access terms. That rate is a long way below the savings median of 3% across the market.

How much does it cost to keep the account?+

The monthly fee on the savings account is THB 0, so there is no recurring charge for holding it. The card is a debit card and the currency conversion fee on it is 0%, which matters mainly for holders who spend abroad.

How much do I need to open the account?+

The minimum deposit is THB 500, which is a small barrier compared with the savings minimum deposit median of €0.17. Accounts are opened directly with the bank, and deposits and withdrawals are described as easy on the published access terms.

Can I withdraw money whenever I want?+

Yes, because the account kind is easy-access rather than a notice or fixed-term product. The bank describes it as a savings account that is easy to deposit and withdraw from, with interest calculated daily. It also lends directly, including personal, debt consolidation, secured and student loans.

How is the money protected?+

The bank is a public company limited registered in Thailand, and it has been trading since 1966. No licence, regulator or protection scheme details are published in the materials covered, so deposits sit with the bank as a counterparty rather than in any stated scheme.

Who can open the account?+

The account is aimed at personal customers in Thailand, its home market, and the currency is the baht. It suits everyday savers and borrowers rather than anyone looking for a fixed-term deposit, a notice account or a wrapper such as an ISA.

What support is available?+

Support runs on help centre and phone, so help comes through the bank's help centre and by phone. The service is geared to Thai customers, with no online chat or email route listed in the materials covered.

Does the bank lend as well as hold savings?+

It lends directly rather than through a broker, and the loans cover personal, debt consolidation, secured and student borrowing. Housing loans run at a maximum loan to value of 90% to 100% and cover purchase, remortgage, first-time-buyer and home-equity purposes.

Sources

Compiled from 9 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Term, Deposit protection.

Krungthai Bank

Krungthai Bank

Keeping everyday baht in an easy-access account with no monthly fee

9.0/10See alternatives