The Central Bank lowered the interest rate at the beginning of December and banks and virtual wallets recalculated their returns. What does it imply in investments?
At the beginning of last month the Central Bank (BCRA) lowered the interest rates of the 35% to the 32% TNA. In that context, the banks and virtual wallets They recalculated their returns. Which ones pay the most?
The Monthly Effective Rate (TEM) reference was established in the 2.6%, slightly below October inflation, which reached 2.7%, and above November inflation, which stood at 2.4%.
Virtual wallets: what performance do they offer?
As of Friday’s data, even without updating, the paid accounts offer an APR ranging from 32.16% to 40%.
- Uala (Uilo): 35%
- Bica Bank: 35%
- Orange: 33%
- Personal Pay: 32.3%
- Payment Market: 29.91%
- PREX: 29.55%
- Lemon: 28.68%
Central Bank of the Argentine Republic BCRA
Mariano Fuchila
Fixed term: how much does each bank pay?
Banks no longer apply a regulated rate to the fixed term, but rather set it according to their criteria. Thus, many entities offer returns below the TNA delimited by the BCRA, but others (the minority) offer higher profits.
Rate by rate from highest to lowest
- voii bank: 35%
- CMF Bank: 35%
- Bica Bank: 32%
- Meridian Bank: 33%
- Regional Credit Financial Company: 33%
- Chubut Bank: 32%
- Macro Bank: 31.5%
- Nation Bank: 30%
- BiBank: 30%
- Tierra del Fuego Bank: 30%
- Julio Bank: 29.5%
- ICBC: 29.3%
- Credicoop Bank: 29%
- Mortgage bank: 29%
- Comafi Bank: 29%
- Current Bank: 29%
- Bank of Córdoba: 29%
- Provincial Bank: 29%
- Dino Bank: 29%
- BBVA Bank: 28%
- HSBC Bank: 28%
- City Bank: 28%
- Sun Bank: 28%
- Galicia Bank: 28%
- Santander: 27%
- Masventas Bank: 23.5%
Source: Ambito
I am an author and journalist who has worked in the entertainment industry for over a decade. I currently work as a news editor at a major news website, and my focus is on covering the latest trends in entertainment. I also write occasional pieces for other outlets, and have authored two books about the entertainment industry.
