Virtual wallets: here's how the rates and yields turned out this week

The virtual wallets have once again modified their interest rates in recent days. Some platforms lowered their rates, others maintained their values, and a few increased them.

According to the survey by the specialized consultancy Compara Tasas, the main changes began on Tuesday and were concentrated on Wednesday.

What are the rates for virtual wallets?

Among the alternatives for guaranteed returns, Banco Bica maintains a TNA of 22%, unchanged from previous days.

• Carrefour Bank: 20% TNA.

• Fiwind: 20% TNA.

• Belo: 19% TNA.

• Naranja X: 19% TNA in account and jars.

• Ualá: 19% TNA.

• Cresium: 20.20% TNA, available only for legal entities.

• Banco Nación: 14% TNA for salary account customers.

• Supervielle: 14% TNA for salary account customers.

What rate does Ualá Plus 2 offer?

Ualá Plus 2 offers a TNA of 24% for users who accumulate $500,000 between investments and expenses.

For those who reach a total of $250,000 invested, the reported rate is 21%.

What are the rates for money market funds?

Among the alternatives with variable rates and low risk, mainly linked to Mutual Funds, there were also changes.

Global 66 (Vinci Compass Liquidity) leads this segment with a rate of 20.95%, after registering a decrease.

• Lemon: 19.86%.

• Adcap: 19.35%.

• Prex (Allaria Savings): 19.27%.

• Toronto Savings: 19.02%.

• Personal Pay (Delta Pesos): 18.83%.

• IEB+: 18.80%.

Which other wallets offer higher returns?

In products with different investment compositions, higher returns appear, although some decreases were also recorded.

Mercado Pago leads this group with a rate of 23.07%, down from 25.76% recorded in previous surveys.

• Cocos Pesos Plus: 21.86%, after a reduction.

• IOL Cash: 21.84%.

What to consider when comparing rates

The rates of virtual wallets are not directly comparable in all cases. Some platforms set caps on the amount that generates returns.

Others require certain conditions to access the highest rates, so it is necessary to review the characteristics of each alternative.

The difference between guaranteed returns and investment funds

Guaranteed return products have different characteristics from alternatives linked to Mutual Funds.