20/07/2026 16:27 - Economia
The fixed-term deposit (known locally as 'plazo fijo') remains one of the preferred alternatives for Argentines to safeguard their pesos with low risk and predictable returns. Following the deregulation ordered by the Central Bank of Argentina (BCRA), each financial institution defines its own Nominal Annual Rate (TNA), creating a scenario where comparing before investing can make a big positive difference in your finances.
The Nominal Annual Rate (TNA) is the interest percentage that the bank pays you for depositing your money for a year. Since traditional fixed-term deposits are usually made for 30 days, the real return is calculated by dividing that rate by 12 months. The higher the TNA, the greater the profit you will receive at maturity, helping your savings grow safely.
According to information collected by media outlets like Infobae and La Nacion as of July 20, 2026, the largest institutions offer the following for one million pesos:
| Bank | TNA | Final amount at 30 days |
|---|---|---|
| Banco Provincia | 21% | $1.017.260 |
| Banco Nacion | 19% | $1.015.616 |
| Banco Macro | 18,75% | $1.015.425 |
| BBVA | 18,25% | $1.015.000 |
| Galicia | 17,5% | $1.014.384 |
| ICBC | 17,2% | $1.014.164 |
| Banco Ciudad | 17% | $1.014.027 |
| Santander | 16% | $1.013.151 |
| Banco Patagonia | 16% | $1.013.151 |
If your goal is to maximize profitability, some finance companies and digital banks lead the ranking with rates reaching 23%. For an investment of $1,000,000 ARS, the difference between the lowest rate (16%) and the highest can exceed $5,700 ARS in just one month.
Both finance companies offer the maximum market rate: 23% TNA. When investing $1,000,000 ARS, the final amount would be $1.018.904.
Stands out with a TNA of 22,25%, which yields a return of $1.018.293 for one million pesos at 30 days.
These entities propose a TNA of 22%, generating a total profit of $1.018.082 at the end of the month.
With an excellent proposal of 21% TNA, the final return for one million pesos is $1.017.260.
According to Ambito, if you do the operation in person, the TNA is 15,5% and you will earn $10.191,78 ARS. But if you do it digitally through home banking, the TNA rises to 19%, and your profit increases to $12.493,15 ARS. Digitalization adds more pesos to your pocket!
Taking as a reference an average rate of 19%, as detailed by Radio Mitre, an investment of six million at 30 days would generate interest of $93.698,63 ARS. At maturity, you would receive a total of $6.093.698,63 ARS, ideal for safe capitalization.
The reported rates correspond to the values in effect as of July 20, 2026, and may change according to each institution's policy. Take advantage of these tools to make your savings work in your favor!
Alfredo S. Quiroga
