Overview
- Over the weekend banks stabilized 30-day TNA offers with major lenders posting roughly 15%–19.5%, Banco Provincia at 19.5% and Banco Nación at 19%, while smaller banks advertise headline TNAs above 20%–23%.
- Digital subscriptions and home‑banking pay the highest published rates and operating in branch can cut yields to about 15.5%, a gap that can cost thousands of pesos for typical deposits.
- Concrete examples from updated calculators show modest monthly nominal gains: about ARS 7,808 on ARS 500,000 at 19% and roughly ARS 12,820 on ARS 800,000 at 19.5%.
- Dollar plazo fijo yields have fallen, with Banco Nación at 1.60% TNA producing only about USD 2.63 on USD 2,000, making USD deposits useful mainly for capital preservation rather than income.
- Because of the current TNAs and the government’s set SMVyM (June: ARS 367,800), savers need more than ARS 20 million in a 30‑day plazo fijo to generate one month’s minimum wage in interest, underscoring the scale required to achieve meaningful real income.