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Fixed terms: which are the 4 banks that pay the best interest rate

2024-03-28T14:15:19.419Z

Highlights: The Central Bank decided to lower the reference interest rate from 110 to 80%. For those who are very conservative and are considering renewing a fixed term or opening one from scratch, it is advisable to choose the entity that offers the most profitability. The Central Bank publishes the fixed-term rates of all banks through its website. These are the 4 banks that offer the best performance for fixed mansions: Ualá, Regional Credit Financial Company, Meridian Bank and CMF Bank. The fixed term no longer protects the pesos from inflation.


The entities offer different profitability. How to open one in a bank where you are not a customer.


Weeks ago, the

Central Bank

decided to lower the reference interest rate from 110 to 80%, at the same time that the minimum rate on fixed terms was eliminated. Consequently, the banks quickly applied the modification and began to offer

different returns

, but

below

that proposed by the organization.

In this context, although for many savers it is no longer an attractive investment alternative to

protect themselves

from inflation, for those who are very

conservative

and are considering renewing a fixed term or opening one from scratch, it is advisable to choose the

entity that offers the most profitability

at the time of completing the operation.

To do this, they must

compare the profits

that could be obtained with the interest rate of the bank where you have your account with that of other entities where you are not a client.

How to make a fixed term in a bank where I am not a client?

This option allows, in addition to choosing where

to place the money without being "captive"

, access to the best rate that the different financial institutions are offering.

Step by step, how to make a fixed term in a bank where you are not a customer

The BCRA lowered the reference interest rate for fixed terms. Photo: Maxi Failla.

  • 1)

    Go to the

    website or mobile banking

    of the bank where you are interested in requesting a fixed term and complete an

    online form

    .

  • 2)

    Enter the

    CUIT / CUIL and the CBU or alias

    of the account in which the funds will be debited.

  • 3)

    Once this procedure is enabled, there is the possibility of establishing the fixed term. At this point you must

    complete the amount

    (minimum of $1,000), the

    chosen term

    , the

    bank

    and the

    CBU

    of origin of the funds. ​​When completing this, the system sends a notice to the bank where the funds are located to enable a transfer to the entity where the deposit will be made.

  • 4)

    In a visible place in the homebanking and/or mobile banking, an option called “To establish a term placement” appears where you can

    authorize or reject

    the constitution of the

    fixed term that was requested at the other bank.

  • 5)

    Once completed, the bank where the fixed term was chosen must send all the

    transaction data by mail.

On the

expiration day

(at the time of opening of banking hours), the bank where the fixed term was made must

transfer the

imposition amount and its remuneration to the originating account.

Accreditation must be immediate

.

Fixed term: which are the 4 banks that pay the best and what rates do the others offer?

So that everyone has access to the different options, the Central Bank publishes the fixed-term rates of all banks through its website and those who are not clients can carry out the procedure from there. These are the

4 banks that offer the best performance

for fixed mansions:

  • Ualá -

    77%

    TNA

    .

  • Regional Credit Financial Company -

    76%

    TNA

    .

  • Meridian Bank-

    75%

    TNA

    .

  • CMF Bank -

    74%

    TNA

  • The fixed term no longer protects the pesos from inflation. Photo: Shutterstock

    Below, and ordered from highest to lowest profitability, the 20 largest entities and the interest rate they offer:

  • Tierra del Fuego Bank -

    73%

    TNA

    .

  • BiBank -

    73%

    TNA

  • Bica Bank -

    72%

    TNA

  • Banco del Sol -

    72%

    TNA

  • Mortgage Bank -

    71%

    TNA

  • Macro Bank -

    71%

    TNA

  • Comafi -

    71%

    TNA

    .

  • Banco Julio -

    71%

    TNA

  • Dino Bank -

    70%

    TNA

    .

  • Banco Nación -

    70%

    TNA

  • Santander -

    70%

    TNA

  • Galicia -

    70%

    TNA

  • Banco Provincia -

    70%

    TNA

  • BBVA -

    70%

    TNA

  • HSBC -

    70%

    TNA

  • Credicoop -

    70%

    TNA

  • ICBC -

    70%

    TNA

  • Banco Ciudad -

    70%

    TNA

  • Current Bank

    - 70%

    TNA

  • Masventas Bank -

    64%

    TNA.

  • LN

    Source: clarin

    All news articles on 2024-03-28

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