the 3 accounts that now pay 50% interest just for having a balance

In the face of record-breaking inflation, many people have gotten into the habit of sheltering money – even very small amounts – in free accounts that pay interest every day single for having pesos theresince they enter and until you need to use them.

No minimum termsUntil a few months ago, these “micro-investments” had been offering profits at levels of the 20% to 30% per year in the most popular wallet apps. As a “special promotion” they paid 40%.

But now, in tune with the strong increase in the returns on money throughout the financial system, there are already offers of accounts that pay the balance with a 50% TNA(annual nominal rate).

It is somewhat less than what a traditional fixed term yields today, but in exchange does not require to immobilize the silver for 30 days: the money is kept always available and it can be withdrawn, spent or transferred instantly when needed, without penalties.

On the other hand, the option is undoubtedly more attractive than leaving the funds “sleeping” for days, weeks or months in a common savings accountwho pays less than 0.1% per year and it does not offer any type of purchasing power protection.

Next, three options micro-investment companies that already offer rates of fifty% and other alternatives to consider.

Orange X: how to charge 50% interest for having a balance in the account




Instead of having the money “still”, it can be left in accounts that make it grow. Photo: File.

fintech Orange Xwhat offers a savings account free with CBU and Debitbegan this Wednesday to remunerate daily the balances in pesos of its users with a 50% TNA. Since May he had been doing it at 40%.

“A remunerated account offers returns for the money that is deposited, that is, that the money that is in the Orange account X grows daily, without cost or risk“, they explained to Clarion.

Interest is credited to the account every midnight. These are calculated each time by applying the annual rate of 50% to the available balance, which is equivalent to one effective gain close to 4.1% monthly.

Thus, as exemplified by the company, when entering $10,000 in his account, the user will receive:

  • $13.88 if you leave them for 1 day.
  • $104 if you leave them for 7 days.
  • $208 if you leave them for 15 days.
  • $416 if you leave them for 30 days.

Also, when saving $50,000 in the remunerated account, the user will be credited:

  • $69 if you leave them for 1 day.
  • $520 if you leave them for 7 days.
  • $1,040 if you leave them for 15 days.
  • $2,080 if you leave them for 30 days.
Next to the balance in pesos, the app shows the interest rate at which it is invested.  Image: Capture.


Next to the balance in pesos, the app shows the interest rate at which it is invested. Image: Capture.

The pesos will render this way until the day the user decides to transfer them to another account (CBU or CVU), withdraw them in cash, spend them with the card debit or use them from the app to pay services or recharge the SUBE or the cell phone, among other options.

“The maximum amount to pay is $200,000“, they specified. And they clarified that to access the benefit, which will remain in force until September 30, those interested They must activate it from the app touching a special button. More data here.

Ualá: how to charge 50% interest for having a balance in the account

In the case of the virtual wallet waladoes not offer a remunerated savings account with a fixed rate of profit but rather facilitates investing money in A background that throws predictable returnsalthough not 100% insured beforehand.

By entering the section “Investments“of the app, those who have pesos in their Ualá account can invest the amount they want –from $1– through a common fund called “FCI Ualintec Ahorro Pesos”.

Once they do, they’ll see day to day how your earnings are credited, which in the last month were equivalent to one 50.5% NCDsas reported by the fintech itself.

The interests of the money invested through Ualá are credited day by day in that wallet app.  Photo: EFE.


The interests of the money invested through Ualá are credited day by day in that wallet app. Photo: EFE.

To start generating returns, simply go to “Investments”, answer a few questions and indicate how much do you want to invest.

Then, the day the money needs to be used, all you have to do is “release it” by pressing a button: it will instantly be available to transfer it, withdraw it in cash or spend it. More information here.

Banco Bica: how to charge 50% interest for having a balance in the account

In the Bica Bank can be opened online and free of charge remunerated savings account with debit card called “positive account“, in which the money that is deposited will generate -just for being there- interest equivalent rates TNA from 42% to 50%depending on the amount.

“Your balances yield up to 50% without immobilizing them. Use your money to get extra performance. I transferred from your Account and earn interest from the first day. At the moment you need it, you will withdraw it”, they propose from the entity.

In this case, depending on the daily balance of the account, a different tna:

  • for balances of up to $100,000: TNA’s 42%.
  • For balances from $100,001 to $500,000: TNA’s Four. Five%.
  • For balances from 500,001 to $1,500,000: TNA’s 47%.
  • for balances of more than $1,500,001: TNA’s fifty%.

The corresponding rate is apply every day to the amount available in the account and the sum of all winnings is credited every 30 days, always the second business day of the following month. More data here.

Positive Accounts, the remunerated savings accounts of Banco Bica.  Image: Capture.


Positive Accounts, the remunerated savings accounts of Banco Bica. Image: Capture.

Other interest-bearing account alternatives to consider

Payment Market. The money that is deposited in the Mercado Libre wallet app can be automatically invested in a common fund that has been generating returns equivalent to a 43% NCDand what credits every day the earnings. To take advantage of it, you just have to activate the option in the application. More data here.

IOL InvestOnline. This broker offers a remunerated account without fees or commissions that generates daily interest on the balance without immobilizing it. The earnings that are obtained are credited all together in the account every 30 days, on the first day of each month. In this way, investors have been obtaining, according to the company, returns equivalent to a TNA of 37.25%. More data here.

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