15/07/2026 09:56 - Economia
Great news for your wallet! With June 2026 inflation confirming a notable drop to 1.9% monthly, the scenario for Argentine savers becomes more promising than ever. In this context of stability, where the US dollar remains calm thanks to the USD 20,000 million shield from the Central Bank (BCRA), the fixed-term deposit resurges as a fantastic tool to protect and grow your pesos.
For our foreign readers, a 'plazo fijo' in Argentina works similarly to a Certificate of Deposit (CD). You lock your money in a bank for a set period, usually 30 days, and earn a fixed interest rate. Following the deregulation established by the BCRA, presided over by Santiago Bausili, financial institutions are fiercely competing for your deposits. This means that, for the first time in a long time, you have the power to choose where to put your money to work. According to the official survey updated for July, the gap between rates can reach up to 7 percentage points, making comparison key.
For those who prefer large, established institutions, annual returns range between 16% and 19.5%. Here are the details of the top 10:
| Bank | Nominal Annual Rate (TNA) |
|---|---|
| Banco Provincia | 19.5% |
| Banco Macro | 19.5% |
| Banco Nacion (National Bank) | 19% |
| Banco BBVA | 18.25% |
| Banco Galicia | 17.5% |
| Banco Credicoop | 17.5% |
| Banco ICBC | 17.2% |
| Banco Ciudad | 17% |
| Banco Santander | 16% |
| Banco Patagonia | 16% |
If you are willing to operate 100% online, even without being a customer of the institution, the range of opportunities expands wonderfully. There are options that reach 23% annually, easily beating monthly inflation and guaranteeing a real gain. It is that simple!
Other traditional entities such as Banco Hipotecario, Banco Comafi, Banco del Chubut, Banco de Formosa, and Banco de Comercio maintain offers between 17% and 19% annually for non-customers.
With inflation dropping and the dollar stable, taking advantage of 23% rates in pesos is a brilliant strategy for this second half of the year. Always check the board of the Central Bank (BCRA) before renewing and maximize your earnings effortlessly.
Alfredo S. Quiroga
