Overview
- The Central Bank published a November 14 comparison showing major-bank TNAs clustered between roughly 24% and 30%, with Banco Macro at 30%, ICBC at 29%, Credicoop and Provincia at 28%, BBVA at 27%, Nación at 27%, Ciudad at 26%, Santander at 25% and Galicia at 24%.
- Smaller and digital-focused institutions list higher online offers for non-clients in the mid‑30% range, including Banco Voii and Meridian at 34.5% and BICA, CMF and Reba at 34%.
- Banco Nación continues to pay more through digital channels than in-branch, with its electronic TNA shown at 27% on November 14 according to bank simulators and media tallies.
- At current rates, 30‑day deposits average about a 2.4% monthly return, close to INDEC’s reported 2.3% inflation for October, which limits real income for peso savers.
- Banco Provincia’s Cuenta DNI promotes a 32% TNA via its app, and at that rate an investor would need about $37.5 million to generate $1,000,000 in interest per month.