Change your fixed-term deposit: how much will it yield with the $7,000,000 increase at Banco Nación for 30 days?

The recent deregulation of minimum interest rates imposed by the Central Bank (BCRA) provoked an immediate response from the financial system, with banks beginning to adjust their yields to attract deposits in pesos .

In this scenario, fixed-term deposits remain the preferred tool for those seeking to preserve the value of their money without exposing themselves to risk.

Banco de la Nación Argentina , as one of the country's leading institutions, offers different rates depending on the channel used and the amount invested . Starting at certain amounts, such as $7,000,000, higher benefits are available, especially if channeled digitally.

In the current environment, where banks actively compete to attract large deposits, Banco de la Nación Argentina applies differentiated rates based on the channel of operation and the amount invested . Starting at certain amounts, such as $7,000,000, the profitability offered improves significantly.

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For example, if a saver decides to open a fixed-term deposit in pesos for $7,000,000 for 30 days in person at a branch , the return is limited: the Annual Nominal Rate (TNA) is 25.50% and the Annual Effective Rate (TEA) is 28.71% . With these values, the interest earned in one month is $146,712.33 , accumulating a final total of $7,146,712.33 .

However, if the same amount is deposited online , through the bank's digital channels, the rate increases significantly : the APR rises to 32.00% and the EAR to 37.14% . This difference increases the monthly profit to $184,109.59 , for a final total of $7,184,109.59 .

This gap between branch-based and digital banking is not only a response to a policy of promoting the use of electronic platforms, but also to a rationale for rewarding high-volume deposits . In other words, investors who place significant amounts receive a better return, as an incentive to keep their capital within the formal financial system.

Banks began competing with each other to attract the largest deposits. This led to a wide dispersion in the nominal annual percentage rates (NARs) offered, especially for large amounts such as $7,000,000 . Below is the estimated 30-day return based on the rate reported by each institution:

• Banco de la Nación Argentina – APR 30.5% → $175,479.45

• Banco Santander Argentina SA – APR 28% → $161,917.81

• Banco de Galicia y Buenos Aires SAU – APR 30.25% → $174,643.83

• Bank of the Province of Buenos Aires – APR 30.5% → $175,479.45

• BBVA Argentina SA – APR 30% → $172,602.74

• Banco Macro SA – TNA 30% → $172,602.74

• Banco GGAL SA – TNA 30.25% → $174,643.83

• Credicoop Cooperative Limited Bank – TNA 29.5% → $169,520.54

• Industrial and Commercial Bank of China (Argentina) SAU – TNA 29.25% → $168,145.21

• Bank of the City of Buenos Aires – APR 29% → $166,770.55

• Banco BICA SA – TNA 33% → $189,257.40

• Banco CMF SA – TNA 32% → $184,109.59

• Banco Comafi SA – TNA 30.25% → $174,643.83

• Banco de Corrientes SA – APR 31% → $178,772.60

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• Bank of the Province of Córdoba SA – APR 35.5% → $203,963.01

• Banco del Chubut SA – APR 31.5% → $181,441.10

• Banco del Sol SA – APR 31% → $178,772.60

• Banco Dino SA – TNA 32% → $184,109.59

• Banco Hipotecario SA – APR 31% → $178,772.60

• Banco Julio SA – APR 33% → $189,257.40

• Banco Mariva SA – TNA 35.5% → $203,963.01

• Banco Masventas SA – APR 27.5% → $159,459.02

• Banco Meridian SA – TNA 34% → $195,341.09

• Bank of the Province of Tierra del Fuego – APR 30.5% → $175,479.45

• Banco VOII SA – TNA 35% → $201,089.41

• BIBANK SA – TNA 32% → $184,109.59

• Regional Credit Financial Company SAU – APR 34% → $195,341.09

• REBA Financial Company SA – APR 34% → $195,341.09