The use of virtual wallets is growing more and more for make the pesos yield as an option to the term traditional fixed deposit, partly because it is an option that allows you to withdraw money at any time. Besides, Most of these instruments offer returns above 100% and pay up to 112% in some cases.
Although it is true that the Central Bank (BCRA) arranged increase the interest rate (reference) of the fixed term to the 133%from the 118% previous annual, so None beats that amount and neither beats the inflation of 138% year-on-yearbut a paid account has other advantages:
- It allows you to invest money without freezing it, obtain daily profits and have the funds at any time without a redemption period.
- They are an investment in a FCI money market: an instrument that invests daily and shows the interest it generated 24 hours a day, allowing daily monitoring.
Therefore they are An interesting option if you want to make a payment in the short term or simply let the money continue working throughout the month.
How much does each virtual wallet yield?
Likewise, they are easy to use. They are 100% online, you need to choose one virtual wallet with the option to invest balancesthat are available for anyone over 18 years old. And these are the returns they currently have:
It promises an annual rate of 111.87% (9.32% monthly).
Offers an annual interest of 110% (9.16% monthly) but in this case it varies depending on the amount of money deposited.
Offers an annual rate of 110% (9.16% monthly).
Remunerates balances 105.73% annually, which is equivalent to a 8.81% monthly.
Offers an annual interest of 102.4% (8.5% monthly)
Mercado Libre has an annual rate of 98.4% (8.2% per month).
The one that performs the most is Prex, as can be seen. The positive thing is that these wallets usually update their rates monthly, or at least, they do so every time the BCRA modifies its rates.
Source: Ambito
I am a 24-year-old writer and journalist who has been working in the news industry for the past two years. I write primarily about market news, so if you’re looking for insights into what’s going on in the stock market or economic indicators, you’ve come to the right place. I also dabble in writing articles on lifestyle trends and pop culture news.
