Overview
- New Central Bank data for December 29–30 shows 30-day nominal annual rates clustered around 20.5% to 28%, with major banks such as Banco Nación at 23.5%, Provincia at 22%, Ciudad at 20.5%, Santander and Galicia at 21%, and Macro around 24.5%–27%.
- Banks pay more for online placements than in-branch, with examples showing roughly 23.5% TNA online versus 20.5% in person, which on ARS 250,000 yields about ARS 4,829 online versus ARS 4,212 at a branch after 30 days.
- Digital and smaller institutions are among the highest payers, with several offering 27%–28% TNA and allowing non-customers to open 30-day deposits through their sites or apps.
- Typical monthly returns near 1.8%–1.9% at current TNAs leave many deposits slightly below estimated monthly inflation of about 2%, underscoring the value of comparing offers.
- Offers reflect a recent pullback from early November peaks near 35%, with Banco Nación now listing 23.5% for 30 days and updated tiers for longer terms reported by local media.