Overview

• Fixed-term deposits remain a top choice for Argentines seeking a low-risk safeguard against roughly 2% monthly inflation.
• Average 30-day peso rates have fallen toward the 29%–30.5% TNA range as several banks cut yields below 30% following the elimination of LEFIs.
• Leading banks still offer up to 40% TNA on 30-day peso deposits, with digital channels generally outpacing branch rates (for example, Banco Nación pays 29.5% online versus 26.5% in-branch).
• Dollar-denominated fixed-term deposits yield just 0.05%–2.5% annually despite Banco Nación’s four-fold rate boost, leaving them far less attractive than peso alternatives.
• The BCRA’s daily publication of comparative rate tables remains a key tool for consumers to shop across a wide dispersion of bank offers.