Overview
- Updated mid-January listings show Banco Macro and Banco Hipotecario at 24.5% TNA, Banco Nación and Banco Provincia at 23.5%, and Credicoop at 23%, with major private banks generally lower.
- Market rates have stabilized in roughly the 21%–28% TNA range across leading institutions as recent declines have leveled off.
- According to Banco Nación’s simulator, earning about ARS 550,000 in 30 days requires a principal above ARS 27 million, with an example showing ARS 27,350,000 generating ARS 550,746 in interest via an electronic placement.
- Channel matters: Banco Nación applies 23.5% TNA for digital term deposits versus 20.5% for in-branch transactions, affecting the monthly return savers can achieve.
- A practical benchmark for small savers shows ARS 280,000 placed for 30 days at Nación’s digital rate yields approximately ARS 5,408 in interest.