Overview
- The BCRA’s comparative table shows most 30-day offers at major banks now below a 30% nominal annual rate.
- Listed examples include Banco Nación at 24.50% TNA, ICBC at 26.50%, Banco Macro at 26%, and Banco Hipotecario at 25.50%, with Santander, Galicia and others between 21% and 24%.
- A 30-day deposit of $850,000 at Banco Nación yields $17,116.44 in interest for a total of $867,116.44 at 24.50% TNA (27.45% TEA).
- Channel choice changes returns: a $350,000 deposit earns $5,897.26 at a branch at 20.50% TNA versus $7,047.95 via home banking at 24.50% TNA.
- Plazo fijo remains a low-risk instrument that locks funds until maturity, and savers can consult the BCRA table and bank offers as rates vary by institution and channel.