Carrefour Banco cut the rate of its paid account and moved a board that was quite stable within the universe of wallets and accounts that pay to leave the pesos immobilized. Although the entity linked to supermarkets remains well positioned among the guaranteed return alternatives, the decline narrowed the gap and forced us to look again in more detail at what option is appropriate today to park short-term liquidity.
At the same time, the market shows another trend that is beginning to weigh more and more in the comparison of retail savers. On the one hand, Belo stopped offering a paid account with guaranteed fixed rate. On the other hand, several fixed deadlines They already exhibit returns capable of competing on equal terms with many apps, and even surpassing them.
In other words, the fight for weights It is no longer defined only between wallets.
Carrefour lowered the rate
Within the guaranteed performance segment, Carrefour Bank appears today with a TNA of 25%. The entity also informs a deposit limit of $4,228,800 per month, although it maintains an important advantage over much of the competition since it does not require consumption goals or extra requirements to access that remuneration.
Behind are located Fiwind with 23% TNA and limit of $750,000, Ualá, with 21% TNA and a compensation cap of $1 million, and Orange X, with 21% TNA, also with a limit of $1 million. Below are some proposals tied to particular conditions, such as Supervielle, with 17% TNA for salary plan clients, and Nation Bank, with 14% TNA for salary accounts and a stop of $2 million.
Even so, the photo changes when the variants are incorporated with business requirements. Over there Ualá Plus 2 comes to lead with 27% TNA, provided that the user accumulates $500,000 between investments, card consumption and payments with Ualá Bis to access that rate the following month. One step lower appears Ualá Plus 1with 24% TNA, under a lower requirement, $250,000.
The ranking of the rest of virtual wallets
In the universe of variable yield, available in the rest of the virtual wallets and which is channeled through money market funds, the leadership was in the hands of ICBC, with a TNA 21.56%. Further back they appear Prex, with 20.92%, Toronto Savings, with 20.55%, IEB+, with 20.48%, Personal Pay, with 20.36%, and Sure Pay, with 20.34%.
In the second platoon there are Balanz, with 20.28%, Adcap, with 20.23%, Mercado Pago, with 20.21%, Coconuts, with 20.11%, and Supervielle, with 20.05%.
Below are located Macro, with 19.61%, Lemon, with 19.50%Galicia, with 18.98%, and Fiwind, with 18.32%. While, at the bottom of the list, appear LB Finance and AstroPay, both with 15.15%.
The most relevant data in this part of the ranking is not only about who came first, but also about the change in strategy of some fintech companies. Fiwind is no longer among the guaranteed performance options and today it appears with a variable scheme, much further down the table. Belo, In turn, it is not shown within the group of wallets that offer a fixed rate to take the pesos into account.
This implies an important shift in the commercial logic of the sector given that the classic remunerated account, which for months was an aggressive tool to capture transactional balances, plost presence in some players and this absence makes predictability more valuable for the user who prioritizes knowing from day one how much they are going to be paid.
Fixed deadlines are back in the discussion
The other novelty of the moment is that the fixed terms of 30 days They stopped being a secondary actor in this race. Among the entities surveyed, rates arise that not only compete with wallets, but in several cases exceed them.
At the top of the ranking appear Meridian Bank and Regional Credit, both with 27.25% for clients. Just below it is located VOII, with 27%, while Reba pay 26%. They also show strong numbers Bank of the Sun and Bancor, with 25.5%, and Bica Bank, with 25%.
One step lower they are Macro, CMF, Banco del Chubut, Banco Dino and Bibank, everyone around 24%.
Among the ten banks with the highest volume of deposits, the table looks somewhat more moderate, although it is still competitive against many apps. Macro pays 24%, Banco Provincia 23%, Credicoop and ICBC 21%, BBVA 20.5%, Banco Ciudad 20%, Banco Nación 19%, Galicia 18.25% and Santander 18%.
And if the absolute priority is immediate liquidity, The virtual wallet still has an obvious operational advantage. But if the money can be frozen for 30 days, the fijo once again offered an alternative that deserves to be looked at closely, especially in medium-sized or financial entities that are pushing hard the rate to capture deposits.
How much the profit changes by choosing well
The difference between one option and another is not symbolic. With $500,000 placed for 30 days, the wallet that pays the most today -without taking into account special conditions- in the survey is Carrefour Bank, with 25% TNA. Under that rate, the gross monthly return is around $10,417.
At the other end appear LB Finance and AstroPay, with 15.15% TNA, for that same capital and the same term, the Gross monthly yield is close to $6,313.
The distance between both extremes is around $4,104 in just one month. For a saver who repeats that decision for several months, the impact is no longer marginal and becomes a concrete difference in pesos, especially in a context in which rates are no longer so high as to disregard four or five points of annual return.
With that same $500,000, Ualá Plus 2 generates about $11,250 per month with an APR of 27%while Carrefour Banco offers around $10,417 with 25% TNA and Orange X pays about $8,750 with 21% TNA.
With these movements on the table, the current board leaves three facts that are difficult to overlook:
- Carrefour Bank lowered the ratebut remains the reference between open and unrequired paid accounts.
- Belo left the guaranteed fixed rate gamein a turn that reduces the offer of that segment.
- The fixed deadlines got back into the conversation with numbers that force you to compare before deciding where to leave the pesos alone.
