Overview
- Central bank figures for December 29 list major 30‑day offers around 20.5% to 27% TNA, with Banco Macro at 27% and peers such as Nación at 23.5%, Provincia at 22%, Santander, Galicia and BBVA at 21%, Ciudad at 20.5%, ICBC at 23.5% and Credicoop at 23%.
- Banks pay more for digital placements than over-the-counter transactions, with online rates near 23.5% versus about 20.5% in branches.
- At roughly 22% TNA, the typical monthly return is near 1.8% to 1.9%, slightly below monthly inflation of about 2%, leaving a small negative real yield.
- A 30‑day deposit of $250,000 earns about $4,828.77 at a 23.5% TNA online, compared with roughly $4,212.33 at a 20.5% in‑branch rate; on $350,000 the interest is about $6,760.27 online versus $5,897.26 in branch.
- Rate dispersion extends beyond the biggest banks, with some smaller or digital players posting up to 27.5%–28% online for non‑clients, though most large institutions remain below those levels.