Overview
- The BCRA’s January 7 comparator shows major banks’ 30-day online TNAs clustered near 20.5%–23.5%, with Banco Nación and Banco Macro at 23.5% and Banco Ciudad at 20.5%.
- Several provincial and digital lenders advertise higher online offers for non-clients, with some listings near 28%.
- The BCRA removed the minimum fixed-term rate last year, leaving each bank to set its own pricing for peso deposits.
- Banco Nación’s official simulator indicates electronic placements pay more than branch operations, showing 23.5% versus 20.5% TNA on a 30-day example of $300,000.
- The dispersion reflects changing monetary conditions, and high inflation with recent rate declines is eroding real returns for small savers.