Overview
- The central bank’s public comparator, updated Friday, shows the main banks quoting 30‑day nominal annual rates of roughly 15% to 19.5%, with Banco Provincia at the top on 19.5%.
- Fintech wallets such as Ualá Plus and Fiwind advertise about 27% nominal annual returns with funds available at any time, outpacing bank fixed deposits that lock money for 30 days.
- Many banks pay a bit more for online placements than for branch counters, with recent examples showing 17.5% online versus 17% in person, which slightly lifts the peso income on the same capital.
- Turning interest into a monthly budget line remains costly for households, as the latest calculations show about ARS 30.8 million is needed at 19.5% to generate roughly ARS 500,000 in a month.
- After the BCRA scrapped the minimum rate in 2024, each bank set its own yield and has been tweaking it week by week in response to policy moves and pressure from higher‑paying digital rivals.