Virtual wallets or fixed-term deposits: which is more convenient for investing today in Argentina

Virtual wallets or fixed-term deposits: which is more convenient for investing today in Argentina
Fixed-term deposits vs virtual wallets: new ranking of returns
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porEditorial Team
Argentina

The ranking of virtual wallets and banks with the best rates for investing in pesos has been updated

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With the updated interest rates, many Argentinians are wondering which investment option yields more: virtual wallets or fixed-term deposits. Both alternatives offer different returns depending on the level of risk and the need for liquidity.

The country's main financial platforms have adjusted their Nominal Annual Rates (TNA) in recent days, with significant differences between the daily returns of wallets and fixed-term deposits.

El proceso para pedir el prestamo de Mercado Pago
El proceso para pedir el prestamo de Mercado Pago

Updated ranking of virtual wallets with the best returns

Among virtual wallets, the best returns are offered by:

  • Cocos (FCI Renta Mixta): 41.03%
  • Prex Argentina (FCI Money Market): 40.41%
  • Personal Pay: 38.40%
  • Lemon Cash: 37.78%
  • Ualá (remunerated account): 37.00%*
  • Mercado Pago: 36.83%
  • Naranja X: 35.00%**

*The maximum amount to be remunerated is $1,500,000. **The maximum amount to be remunerated is $800,000.

These accounts allow you to earn daily interest without the need to immobilize your money. This makes them an attractive option for those who prioritize immediate liquidity.

Los usuarios de billeteras virtuales deberán estar atentos a los nuevos límites de transferencias
Los usuarios de billeteras virtuales deberán estar atentos a los nuevos límites de transferencias

Fixed-term deposits: which banks offer the highest rates

According to data reported to the BCRA, the banks with the best returns for 30-day fixed-term deposits are:

  • Banco Galicia: 43.00%
  • Banco ICBC: 41.45%
  • Banco Nación / BBVA / Macro / Credicoop: 39.00%
  • Banco Provincia: 37.00%
  • Santander and Ciudad: 35.00%

Among the smaller entities, Banco Voii and Banco Bica lead the ranking with rates of 49% and 48%, respectively.


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