Overview
- On Friday, February 27, the BCRA’s public table shows major-bank TNAs for 30-day deposits around the mid-20s, including Nación at 25%, Provincia 25%, Santander and Galicia 23%, BBVA 24%, and Macro 28%.
- Market levels have steadied in a broad 23%–28% range after mild recent moves, according to the latest reporting.
- Smaller and digital players are quoting far higher TNAs, with examples such as BICA at 33%, CMF and Voii at 33.5%, Meridian at 33.5%, and several others above 30%.
- Rates often vary by channel, with Banco Nación paying 25.00% via home banking versus 20.50% in-branch for 30 days, and online placement is available even for non-clients under BCRA rules.
- For savers, a 25% TNA yields about AR$24,657 on AR$1,200,000 over 30 days and roughly AR$164,384 on AR$8,000,000, based on published examples.