Overview
- Major banks now quote roughly 24%–29% TNA for 30‑day online deposits, with recent readings including Banco Macro at 29%, Nación at 27%, and Credicoop and ICBC at 28%.
- Smaller institutions and digital platforms still advertise higher yields, such as Banco VOII and Crédito Regional at about 33% TNA and Meridian near 32.5%, with some wallets like Carrefour Banco at 38% and Ualá at 30%.
- Banco Nación’s simulator shows a clear channel gap, with branch placements near 22.5% TNA versus about 27% online, reinforcing the advantage of homebanking for the same term.
- At typical TNAs near 27% (about 2.2% monthly), many 30‑day deposits trail the latest monthly inflation reading of roughly 2.3%, eroding purchasing power.
- The repricing followed BCRA steps including Communication A8355, which lowered reserve requirements, and a policy‑rate cut from 22% to 20%, moves that increased liquidity and reduced banks’ need to pay up for deposits.