Fixed-term rates change: how much does $4,000,000 yield at Banco Nación for 30 days?

The 30-day peso-denominated fixed-term deposit remains one of the most widely used tools by Argentines to preserve value against inflation. Although the rate offered by banks doesn't always exceed monthly price increases, it remains a viable option in an unstable economic environment.

Banco Nación, due to its historical influence and territorial reach, is a benchmark when evaluating this investment option. However, rates offered by other financial institutions may offer better returns. Find out how much you can earn with a 30-day fixed-term deposit of $4,000,000 at Banco Nación and at other banks that report their rates to the Central Bank.

When making a traditional $4,000,000 fixed-term deposit for 30 days at Banco Nación , the results depend on the channel chosen. At a physical branch, the bank offers an APR of 25.50% and an APR of 28.71% , generating interest of $83,835.62 , resulting in a total of $4,083,835.62 at the end of the month.

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• Banco Nación offers different rates depending on the channel: in branch or online.

However, if the transaction is made electronically, the returns are higher: APR of 30.50% , EAR of 35.15% , and interest earned of $100,273.97 , bringing the final amount to $4,100,273.97 . This difference highlights the importance of the operating channel when it comes to maximizing the return on a fixed-term deposit at the country's leading public bank.

In contrast to these figures, other banks offer varying returns. Some even significantly exceed Banco Nación's rate, especially for online fixed-term deposits for non-customers . Below is a breakdown of how much you can earn with a $4,000,000 investment in each bank:

• Santander Argentina – APR: 29% → Profit: $95,411.58 → Total: $4,095,411.58

• Galicia – TNA: 30.29% → Profit: $99,609.04 → Total: $4,099,609.04

• Province of Buenos Aires – TNA: 32% → Profit: $105,205.47 → Total: $4,105,205.47

• BBVA Argentina – APR: 30.5% → Profit: $100,273.97 → Total: $4,100,273.97

• Banco Macro – TNA: 30% → Profit: $98,630.13 → Total: $4,098,630.13

• Galicia Más (formerly HSBC) – APR: 30.25% → Profit: $99,452.05 → Total: $4,099,452.05

• Banco Credicoop – APR: 32% → Profit: $105,205.47 → Total: $4,105,205.47

• ICBC Argentina – APR: 29.5% → Profit: $96,746.57 → Total: $4,096,746.57

• Banco Ciudad – APR: 29% → Profit: $95,411.58 → Total: $4,095,411.58

Other banks with outstanding rates for non-customers (online fixed-term deposits):

• Banco Bica – APR: 33% → Profit: $108,371.23 → Total: $4,108,371.23

• Banco CMF – TNA: 32% → Profit: $105,205.47 → Total: $4,105,205.47

• Banco Comafi – TNA: 29.5% → Profit: $96,746.57 → Total: $4,096,746.57

• Banco de Corrientes – TNA: 31% → Profit: $102,039.71 → Total: $4,102,039.71

• Banco de Córdoba – TNA: 35.5% → Profit: $116,738.36 → Total: $4,116,738.36

• Banco del Chubut – TNA: 33% → Profit: $108,371.23 → Total: $4,108,371.23

• Banco del Sol – APR: 31% → Profit: $102,039.71 → Total: $4,102,039.71

• Banco Dino – APR: 32% → Profit: $105,205.47 → Total: $4,105,205.47

• Mortgage Bank – APR: 35.5% → Profit: $116,738.36 → Total: $4,116,738.36

• Banco Julio – APR: 33% → Profit: $108,371.23 → Total: $4,108,371.23

• Banco Mariva – APR: 35.5% → Profit: $116,738.36 → Total: $4,116,738.36

• Banco Masventas – APR: 27.5% → Profit: $90,078.76 → Total: $4,090,078.76

• Banco Meridian SA – TNA: 35% → Profit: $115,070.24 → Total: $4,115,070.24

• Banco Provincia de Tierra del Fuego – TNA: 30.5% → Profit: $100,273.97 → Total: $4,100,273.97

• Banco Voii SA – TNA: 35% → Profit: $115,070.24 → Total: $4,115,070.24

• BiBank – APR: 32% → Profit: $105,205.47 → Total: $4,105,205.47

• Regional Credit Financial Company SAU – TNA: 35% → Profit: $115,070.24 → Total: $4,115,070.24

• Reba – APR: 35% → Profit: $115,070.24 → Total: $4,115,070.24