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Microinvestment: the 4 accounts that pay you interest every day for having pesos and which one yields more

2023-03-09T09:53:01.466Z


Now they give profits close to 65% per year. And unlike the fixed term, they keep the money available. An option has just been added.


Prices are now rising at an uncontrolled rate of 6% per month, according to INDEC.

This means that from one

week

to the next everything becomes more expensive 

by another 1.5% 

on average.

To alleviate the damage that this causes to the pocket

throughout the month

, an increasingly widespread tactic is to make "

micro-investments

".

What is it about?

To shelter the money,

it is barely charged

, in

virtual wallets

 that pay interest day by day just for leaving pesos in them, until they need to be used just one, two or three weeks later.

Without minimum amounts or terms

, the profits generated by these accounts are currently equivalent to a nominal annual rate (TNA) of

63% to 65%

, depending on the case.

Thus, for example, 

$10,000

could become $10,135 after 7 days (1.3% more), $10,270 after 15 days (2.7% more) or

$10,542

after 30 days (

5.4 % more

), largely offsetting inflation.

It is a little less than what a traditional fixed term yields, but in return the investment 

does not require immobilizing

the money for at least 30 days: the money is always available and can be

withdrawn, spent or transferred

instantly when needed.


With a newcomer, there are already

four

virtual wallets

that are remunerating balances in this way.

What are they and how much do they pay?

Below, one by one, all the details.

1.Personal Pay

The new option to receive daily earnings for the account balance.

Personal's virtual wallet -open to customers and non-customers of that company- now allows its users to access a 

common investment fund

 called "Delta Pesos" and receive profits just for having pesos deposited.

"By depositing money into the account (through

transfer

or in

cash

) and accepting terms and conditions in the

'Savings

' section of the app, users will see

their money grow

on a

daily

basis ," the firm announced on Monday.

"In addition, in case of carrying out transactions, it will not be necessary to redeem the investment because the balance

will always be available

for use," they added.

Personal Pay remunerates the balance by applying a

variable rate

that is updated every day according to the profitability obtained by the fund in the last month.

The current rate can be consulted in the app: this Wednesday, for example, a TNA of

63.7%

was in force .

More data here.


2. Oula

If the investment option is activated, the silver begins to generate profits.

In a similar way, the Ualá virtual wallet makes it easy to invest money in a

common fund

that yields predictable returns, although not insured in advance.

Going to the "Investments" section and then to "Common investment fund", those who have pesos in the Ualá account can invest

the amount they want

through the "Ualintec Ahorro Pesos" fund.

Then, they will see day by day how their profits are credited, which in the last month were equivalent to a TNA of

64.1%

, according to the fintech. 

To get started, all you have to do is enter "Investments", answer some questions and indicate how much you want to invest.

Then, when the silver is needed, it will only have to be "

released

" by pressing a button, and it will be instantly ready to use.

More data here.


3. Market Payment

All yields can be monitored in real time from the apps.

The money held in the Mercado Libre wallet app can also be easily invested in a

common fund

that credits

interest daily

without immobilizing the funds.

This alternative has been generating, according to the company, yields equivalent to a TNA of

63.9%

.

To start taking advantage of it, you only need to have a balance in your account and

activate the option

in the app, entering "

Your money

" in the main menu.

More data here.

4. Orange X

Without locking up the money, the app locks in a rate that helps cushion the impact of inflation.

Finally, Naranja X, which offers a free savings account with CBU and a debit card, stands out for being the option that today 

pays the highest rate

.

This fintech remunerates the balances in pesos of its users on a daily basis (up to

$200,000

) with a

guaranteed TNA of 65%

.

The pesos will pay like this until the user decides to transfer them, withdraw them in cash,

spend them with a card

or use them from the app to

pay for services

or recharge the SUBE or cell phone. 


To access the benefit, which will remain in effect at least until

March 31

, you must

 activate it in the app

by touching a button on the main screen.

More data here.

Other paid account alternatives to consider

A bank offers savings accounts with yields of up to 60% per year.

Bika Bank

.

It allows you to open a

remunerated savings account

online called a "Positive Account", in which the money deposited will generate -just for being there- interests equivalent to

TNA rates of 52% to 60%

, depending on the amount.

The rate is

applied each day

on the balance and the sum of those earnings is charged

every 30 days

.

More data here.

IOL InvestOnline

.

This stockbroker offers a

remunerated account

without expenses or commissions that generates daily interest on the balance without immobilizing it.

Earnings are credited to the account every 30 days.

Thus, according to the company, investors have been obtaining yields equivalent to

44.3%

of TNA.

More data here.


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Source: clarin

All news articles on 2023-03-09

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