Aozora Bank recorded an ordinary deposit rate of 1.000% in the August 2026 ranking of bank ordinary deposit rates. Since rates were reviewed at the end of July, 0.400% has become the new benchmark. This article examines the trends among the top three banks and the factors behind them.
In the ordinary deposit rate rankings as of 3 August 2026, Aozora Bank ranked first at 1.000%, Minna no Bank second at 0.500%, and au Jibun Bank third at 0.410%. While many banks raised their rates by around 0.1 percentage points, Aozora Bank maintained its lead and finally reached the 1% milestone.
The latest rate increases followed the policy rate hike from 0.75% to 1.0% at the previous monetary policy meeting in June. They were also driven by the fact that many banks raised their ordinary deposit rates on 3 August.
A new benchmark of 0.400% for ordinary deposit rates is becoming established, while time deposit rates have also risen by around 1.25 percentage points for some products. The gap between third-placed au Jibun Bank and the banks immediately below it has narrowed to 0.01 percentage points, highlighting the strength of the top three banks.
This article summarizes the interest rate trends at each bank as of 3 August and the extent to which August rate levels are influencing the new standard for ordinary deposits. Future trends may change depending on additional rate increases by individual banks and the launch of new products.