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BCRA Data Show Wide Split in Argentina’s 30-Day Deposit Rates With Tops at 31.5%

With the rate floor scrapped, disinflation is steering savers to compare offers via Plazo Fijo Web.

Overview

  • As of Jan. 19, smaller and digital banks such as VOII/Meridian and Banco de Comercio post 31–31.5% TNA, while large incumbents list roughly 21–27.5%.
  • A $1,000,000 peso deposit earns about $25,890 at 31.5% TNA versus $21,369 at 26%, highlighting the monthly gap for identical terms.
  • Reporters urge deactivating automatic renewal so each maturity can be placed at the best available rate as banks update pricing frequently.
  • UVA-linked deposits preserve purchasing power by indexing to inflation but require a 180-day minimum term with limited liquidity.
  • Deposit insurance covers up to ARS 25,000,000 through SEDESA, and INDEC reports December inflation at 2.8% with 2025 at 31.5%, framing real-return choices.