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Argentine Banks Ramp Up 30-Day Deposit Rates to as High as 38%

Daily central bank rate tables guide savers through a widening deposit yield range of 28.5% to 38%.

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El plazo fijo ofrece rendimientos que permiten ganar $210.000 en 30 días, aunque el monto a invertir depende de la tasa que ofrece cada banco (Imagen ilustrativa).
El plazo fijo sigue ganando ahorristas con su interés (Imagen ilustrativa).
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Overview

  • 30-day fixed-term deposit rates now range from 28.5% to 38% TNA across Argentina’s banking system.
  • Digital-only banks such as Banco CMF and Banco Meridian lead the market with top online TNAs of 38%.
  • Major traditional lenders have boosted electronic yields, with Banco Nación at 37% online versus 27.5% in-branch.
  • The BCRA’s elimination of minimum rate floors, benchmark rate adjustments and daily TEM/TNA disclosures have intensified competition and transparency.
  • Savers are using official BCRA tables and bank simulators to calculate the precise capital needed for target monthly gains with near-2% monthly inflation.