At the beginning of the week the Central Bank announced a decision on interest rates, lowering the reference rate from 100% to 80%, and eliminated the minimum than the banks they had to pay for freezing deposits fixed term. With this measure, the banks have drastically lowered their yields which until a few days ago were 110%, i.e 9.10% per month, AND Now ranging from 80 to 70%.between 6.5 and 6%.
The banks that currently pay the most for fixed-term contracts are: Nation and Macrowith a TNA of 75%, and those with the lowest rate, that is 70%.
The Ualá virtual wallet, which offers the ability to set fixed terms via Ulilo, offers a rate of 77%, or 6.41% interest per month.
Fixed term: bank by bank, what is the TNA and the interest you pay per month
- Ualawith a TNA of 77%pay for one-month internships: 6.41%
- National BankAND Macros: pays a nominal annual installment of 75%, i.e. for a 30 day deposit offers a 6.25% interest.
- Comafi: TNA 71%, or 5.92% at 30 days.
- ICBC, Galicia, Province, BBVA, Banco Ciudad, Santander, Credicoop AND HSBCTNA 70%: Pays 5.83% for a one-month placement.
Ualá is right: the fixed term is established through Uilo – financial entity with banking license – from $200,000the interest it gives will be $12,820 per month.
So, to form a fixed term in institutions offering a TNA of 75%, the interest that will be received for freezing the same amount It will be $12,500completed the month.
By depositing the same sum in a bank that pays an annual rate of 71%, the interest it will generate will be zero of $11,832.
By depositing the same amount in a bank that pays a 70% TNA, the interest you pay per month is: $5.83. So, by putting $200,000 in a fixed term in 30 days you will receive $11,660.
SN
Source: Clarin
