Overview
- The central bank’s November 13 comparison shows major banks at lower 30-day TNAs, including Banco Nación at 29%, Banco Macro at 30%, Santander at 25% and Galicia at 24%.
- Several smaller institutions post higher online offers of roughly 34%–35% TNA, led by Banco VOII and Crédito Regional, with Meridian at 34.5% and others near 34%.
- At these levels, the implied monthly return is about 2.41%–2.42%, slightly above INDEC’s reported 2.3% inflation for October.
- Banco Nación applies 29% TNA for digital deposits versus 25.5% for in-branch transactions, underscoring the advantage of online constitution.
- Simulator examples cited show $310,000 earning $7,389 in 30 days and $1,750,000 earning $41,712, while earning $330,000 in a month at 29% TNA requires about $13.3 million.