20/07/2026 22:59 - Economia
In Argentina, a 'plazo fijo' (fixed-term deposit) is one of the most popular savings methods. The Central Bank of the Argentine Republic (BCRA) recently deregulated minimum rates for these deposits, creating a scenario where each bank freely defines its own yield. According to local media like Infobae and El Destape, investing 1,000,000 Argentine pesos (ARS) for a 30-day term could generate differences of more than 5,000 pesos depending on the chosen bank.
Analysts consulted by iProfesional note that June inflation was 1.9%, and 1.8% is projected for July. To avoid losing money against inflation, a fixed-term deposit should pay at least a Nominal Annual Rate (TNA) of 22%, which equals a monthly return of 1.8%.
Digital banks and financial companies lead the profitability ranking, surpassing the 22% TNA barrier. Here is what you could earn by depositing 1,000,000 ARS for 30 days:
| Institution | TNA | Return for 1M ARS (30 days) |
|---|---|---|
| Crédito Regional and Reba | 23% | 1,018,904 ARS |
| Banco Meridian | 22.25% | 1,018,293 ARS |
| Banco BICA, CMF, and Voii | 22% | 1,018,082 ARS |
| Banco Provincia, Banco del Sol, Mariva, and Bibank | 21% | 1,017,260 ARS |
Most of these entities would allow non-clients to open fixed-term deposits online.
Entities with the highest volume of deposits offer more conservative rates, oscillating between 16% and 19% TNA:
Although peso yields continue to adjust downward in line with lower inflation, the diversity of options allows savers to choose where to place their money intelligently. Comparing before investing is key to maximizing your capital's return in Argentina's evolving financial landscape.
Alfredo S. Quiroga
