Virtual wallet rates have increased: which one pays more?

The virtual wallets and banks have once again updated their interest rates in May 2026, amid strong competition to attract savings in pesos. Remunerated accounts, Money Market funds, and fixed terms remain the most used tools by those looking to generate returns without losing liquidity.

In this new scenario, Ualá leads among financial apps with the highest rate for remunerated balances, while Banco Provincia tops the ranking for traditional fixed terms at 30 days.

Which virtual wallet pays the most interest in May 2026

According to the latest survey, Ualá currently offers a Nominal Annual Rate (TNA) of 26%, making it the option with the highest yield among the main virtual wallets in the country.

Following are other financial platforms and mutual funds:

• Cocos (FCI RM): 23.14%

• IOL Cash: 22.42%

• Prex Argentina: 19.03%

• Alpha Pesos ICBC: 18.94%

• Adcap Fondo Dinero: 18.7%

• Global66: 18.6%

• Premier Renta Supervielle: 18.32%

• Personal Pay: 18.27%

• Mercado Pago: 18.19%

• Toronto Ahorro: 18.17%

Further down are platforms like Lemon Cash, Balanz, Santander Super Ahorro, and Claro Pay, with rates ranging from 17% to 15% annually.

What advantages do remunerated accounts have

One of the main reasons why virtual wallets have grown is the ability to earn daily returns without immobilizing money.

Unlike traditional fixed terms, users can withdraw or use the funds practically at any time, something increasingly valued in a changing economic context.

How the rates of bank fixed terms have changed

At the same time, traditional banks have also updated their interest rates for 30-day deposits. Currently, Banco Provincia leads among traditional entities with a rate of 19.50% TNA.

• BBVA: 18.75%

• Banco Galicia: 18.25%

• Banco Macro: 18%

• Banco Nación: 17.5%

• ICBC, Credicoop, Banco Ciudad, Patagonia, and Santander: between 17.5% and 15%

Many savers today combine virtual wallets and fixed terms to balance immediate liquidity and better returns.

The battle between fintech and banks for savings in pesos

The growth of fintech continues to transform the Argentine financial system. Financial apps seek to attract users through more competitive rates and automatic investment mechanisms.

Meanwhile, traditional banks are trying to maintain their share by offering improvements in fixed terms and other savings instruments.

In a context still marked by inflation and economic volatility, comparing rates, conditions, and availability of money has become key for those looking to make their pesos work.