Overview
- The Banco Central de la República Argentina's daily table published May 21 shows the average Tasa Nominal Anual for 30‑day fixed deposits near 17.5 percent.
- Major banks are clustered in the high‑teens with examples reported as Banco Nación 17.5%, Banco Provincia 19.5%, Banco Galicia 18.25%, BBVA about 18.75% and Santander 15%.
- Smaller and nontraditional lenders are offering much higher TNAs — some up to roughly 24% — creating wide dispersion that pushes savers to compare offers daily.
- Banks commonly pay a slight premium for deposits opened through home banking or apps, supported by the BCRA's 'plazo fijo electrónico' system that lets users place fixed deposits across institutions.
- While plazo fijo remains low risk with known nominal returns, real returns can fall behind inflation and savers consider deposit insurance limits administered by Sedesa when placing large sums.