Daniela, a 25-year-old teacher, gets her salary on the 5th of every month. She barely gets paid, she deposits a large part of her salary in Mercado Pago. In this way, Daniela ensures that the money that she is going to spend throughout the month generates a little return to protect her salary from inflation, which was 6% in January 2023 according to INDEC. Mercado Pago pays annual interest of 63.4%, but are there other more profitable options?
Among the applications that have remunerated accounts, which give daily payments for the money that one has deposited, Naranja X currently stands out, which offers an annual return of 65%, but Ivan Vallejos, founder of Trascendo, tells us that This is not always the case, but fluctuates from month to month.
“On our Instagram page @trascendo.ok we record monthly which is the virtual wallet that offers the most performance.” Ivan argued. “Sometimes, the Ualá virtual wallet leads the ranking, while in other months Mercado Pago does,” Ivan tells us while stating that having day-to-day money in virtual wallets is better than having it in savings accounts.
“The interests of the savings banks are non-existent, while The remunerated accounts give yields that, although they are below inflation, help to better reach the end of the month”. Furthermore, Ivan told us about the importance of having at least two virtual wallets: “Sometimes the systems behind these wallets can fail, and having the money distributed between the first and second wallets in our ranking guarantees that you have your money available and generating maximum performance.
How was the ranking of February?
In first place is Orange X with an annual yield of 65% Meanwhile, oula is in second place with a 63.77%. In third place is Market Payment, with 63.4%. Personal Pay, Ihe new digital wallet of Personal, began to offer remuneration at a rate of 63% annual. Finally, there is Banco del Sol, which offers a yield of twenty%.
“These numbers vary dailybut this is the value at which the performance is found in each virtual wallet or bank as of February 17” the founder of Trascendo tells us.
by CEDOC
