How much do I get if I deposit $825,000

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Fixed term: which banks offer the best interest rate

Currently, banks are offering the following interest rate, after a new reduction, for each fixed term:

  • French Bank: 38% annual interest rate for each fixed term
  • Banco Ciudad: 41% annual interest rate for each fixed term
  • Banco Galicia: 41% annual interest rate for each fixed term
  • Banco Nación: 40% annual interest for each fixed term
  • Banco Santander: 38% annual interest for each fixed term
  • Banco Patagonia: 40% annual interest for each fixed term
  • HSBC: 39% annual interest for each fixed term
  • ICBC Bank: 40% annual interest for each fixed term

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Now, in the event that the fixed term is 60, 90 or more days, there are some banks that have the interest rate at 40% and 35%, since they assume that inflation will continue to fall and therefore, so will the monetary policy rate.

Fixed term: how much do I earn if I deposit $550,000

In the event that a person wants to want to deposit $1,000,000 in a fixed termyou should take into account that the interest rate changed and stopped being 60%. In the cases of banks that still offer 50% annually, you will make a profit of $18,082.19 after 30 days.

 
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