Overview
- The BCRA published an updated official comparator on Wednesday, July 8 that lists each bank’s 30-day TNA and serves as the authoritative source for advertised rates.
- Reported TNAs span from the mid-teens at large incumbents to low-20s at some regional banks and fintechs, with sample figures including Banco Nación around 19%, Banco Galicia 17.5%, BBVA about 18.75% and several lenders advertising 22–24% or more.
- Coverage shows the same deposit can yield materially different cash interest depending on the bank chosen, producing monthly gains that differ by thousands of pesos on six-figure balances.
- Banks commonly pay different rates by client status and sales channel, for example Banco Nación’s home-banking TNA near 19% vs an in-branch rate near 15.5%, which can change a depositor’s return by several thousand pesos on a 30-day placement.
- Savers weighing options should compare the BCRA table before placing funds because the traditional 30-day fixed deposit offers liquidity but a fixed nominal return while the UVA alternative ties capital to the CER index, adds roughly 1% annually and normally requires at least a 90-day lock-up to protect purchasing power.