A Great Opportunity for Your Savings!
Fixed-term deposits (known locally as "plazo fijo") remain a solid and attractive tool to protect your money's value against inflation and currency fluctuations in Argentina.
The New Landscape of Fixed-Term Deposits
According to the Central Bank of the Argentine Republic (BCRA), as of August 11, 2026, competition among financial institutions is more dynamic than ever. Since the BCRA, led by Santiago Bausili, eliminated the mandatory minimum rate in 2024, each bank has the freedom to set its own yield.
Currently, the Nominal Annual Rates (TNA) for 30-day deposits range between 16% and 22.25%. This 6.25 percentage point gap makes choosing the right bank a key decision to maximize your earnings. Digital and smaller entities lead the highest rates, outperforming traditional banking.
Bank Rate Ranking as of August 11, 2026
| Position | Financial Institution | Nominal Annual Rate (TNA) |
|---|---|---|
| 1 | Crédito Regional Compañía Financiera | 22.25% |
| 2 | Banco Meridian | 22.25% |
| 3 | Banco BICA | 22% |
| 4 | Banco CMF | 22% |
| 5 | Banco Mariva | 22% |
| 6 | Reba | 22% |
| 11 | Banco de Córdoba | 20.75% |
| 13 | Banco Provincia | 19.5% |
| 14 | Banco Nación | 19% |
| 22 | Banco BBVA | 18.25% |
| 25 | Banco Galicia | 17.5% |
| 29 | Banco Santander | 16% |
| 30 | Banco Patagonia | 16% |
What is the TNA?
The Nominal Annual Rate (TNA, by its Spanish acronym) is the percentage of interest a bank pays you for depositing your money for a year. To find out how much you earn in a month, you simply divide that percentage by 12. For example, a 24% TNA gives you a 2% monthly return.
Spotlight on Banco Provincia: A Special Rate
Banco Provincia, one of the largest state-owned banks with over 13 million active savings accounts, offers one of the highest rates among major institutions. According to iProfesional, the entity offers a 19.5% TNA through its digital banking app, but has a surprise for those operating from its website.
The so-called "Plazo Fijo Inclusión" (Inclusion Fixed-Term Deposit), accessible only from BAPRO's website, pays a 21% TNA for both clients and non-clients. How much do you earn with $2,000,000 ARS (Argentine Pesos)?
- With the digital rate of 19.5% (30 days): you earn an extra $32,055 ARS, reaching a total of $2,032,055 ARS.
- With the special web rate of 21% (30 days): the profit is $34,520 ARS, totaling $2,034,520 ARS.
The Goal: Earning $200,000 ARS Monthly
An analysis by Infobae revealed how much capital is needed in each bank to obtain a fixed income of $200,000 ARS per month. With the highest market rate (22.25% at Banco Meridian or Crédito Regional), it is enough to invest $10,936,328 ARS. In contrast, at banks with the lowest rate (16% at Santander or Patagonia), $15,208,331 ARS is required.
Economic Context: Inflation and the Dollar
The attractiveness of fixed-term deposits occurs in a scenario where the projected inflation for July 2026 is around 2%, according to the Market Expectations Survey (REM) of the BCRA, and 1.8% is expected for August and September. Likewise, the official wholesale exchange rate for the US Dollar remains controlled by the Government with a ceiling near $1,500 ARS, advancing only 0.9% in August. This positions peso-denominated fixed-term deposits as a robust alternative to safeguard purchasing power.