The fixed term deposit remains one of the investments most used by those looking to safeguard pesos and obtain predictable income without taking on too much risk.
According to a survey by TN, interest rates have been adjusted again at various banks, and currently, the average Annual Nominal Rate (TNA) is around 17.50%, quite below the levels recorded at the beginning of the year.

How much does an investment of $3,000,000 in a fixed term deposit for 30 days yield
Taking an average rate of 17.50% as a reference, an investment of $3,000,000 for 30 days generates an approximate gain of $43,150.68 in interest.
Thus, at the end of the term, the saver would receive a total close to $3,043,150.68, combining capital and interest.
The final yield may vary depending on the chosen bank, as each institution offers different rates for this type of placement.

What rates each bank pays for a fixed term deposit for 30 days
Banco Nación: 17.5%
Banco Galicia: 18.25%
BBVA: 18.75%
Banco Santander: 15%
Banco Provincia: 19.5%
Banco Macro: 18%
ICBC: 18.8%
Banco Ciudad: 17%
Banco Patagonia: 16%
Banco Credicoop: 17.5%
Banco BICA: 23%
Banco CMF: 23.25%
Banco Comafi: 18%
Banco de Comercio: 19%















