Overview
- Published TNAs for 30‑day fixed terms now span roughly 21% to 28.5%, widening the gap in outcomes across banks.
- Banco Nación lowered its online TNA to 22.5% from about 24.5% earlier in the week, while its in‑branch rate stands at 20.5%.
- At Nación’s current 22.5% online TNA, earning about $120,000 in 30 days requires an investment of approximately $6,490,000, according to the bank’s simulator.
- Rate dispersion is stark: Banco Meridian offers 28.5% TNA, whereas Santander and Galicia list around 21%, meaning materially different principal is needed for the same monthly return.
- A prior simulator example shows that investing $10,500,000 at a 23.5% TNA generates about $202,808 in 30 days, and depositors cannot withdraw funds before maturity.