Overview
- Bank offers for 30‑day peso fixed deposits now cluster near a 22% average, with a published range from roughly 20% to 28% and examples including Macro at 24%, Provincia at 23%, Nación at 22% and Voii at 28%.
- The market average has eased from about 25% in early March after banks trimmed advertised yields following last year’s rate‑floor deregulation.
- Banco Nación introduced a UVA/CER‑indexed fixed deposit that adjusts principal for inflation and credits interest every 30 days, with a minimum $1,500 deposit, a 90‑day minimum term, up to a 4.5% real annual rate and an income‑tax exemption for individuals.
- Banks are paying more through home banking than at branches; at Nación the TNA is 22.00% online versus 20.50% in person, which changes a $350,000 deposit’s 30‑day return by about $430.
- The central bank posts a daily comparison of bank rates and provides an online system that lets users compare offers and place term deposits even if they are not customers of the chosen bank.