Best Bank Interest Rates

david9


Joined: 09/09/2008
Posts: 358

Message Posted:
21/02/2011 19:11

I know it is a subject well covered, but can everyone advise the best interest rates they are achieving currently on both GBP and TL on a monthly basis and from which bank?, any feedback much appreciated

kadam


Joined: 05/02/2011
Posts: 60

Message Posted:
23/02/2011 16:41

Currently enjoying 8.5% on Tl monthly at Garanti if that helps, told if I increase the amount on deposit the rate could be negotiated up !!

kadam


Joined: 05/02/2011
Posts: 60

Message Posted:
23/02/2011 16:42

Currently enjoying a rate of 8.5% with Garanti on TL monthly deposit, told if I increase the amount on deposit leeway to increase the rate!!

twaddle


Joined: 06/07/2008
Posts: 245

Message Posted:
23/02/2011 17:49

Do you have to be a TRNC resident in order to have a savings account?

breezyboy


Joined: 14/05/2007
Posts: 1179

Message Posted:
23/02/2011 18:15

No Twaddle you do not. Take your passport in and just open an account.

I am getting a better rate from Creditwest than Garanti who I use for credit cards and direct debits.

doggiesteve


Joined: 06/10/2010
Posts: 265

Message Posted:
23/02/2011 19:08

Yakın Doğu Bank 9.25 % on are currently paying on TL 2 blocks on from hsbc in girne

Swany



Joined: 01/12/2009
Posts: 255

Message Posted:
23/02/2011 19:42

There are deals to be had check out all the rates in one place http://www.ncmoneyguide.info you will need to register the go to the “bank rates” tab. Remember that not all banks are the same and further information about banks and banking in the TRNC can be found on the nc money guide.

madturk


Joined: 25/03/2009
Posts: 217

Message Posted:
23/02/2011 19:46

whats going on with the £ /lira at the mo . 2.6 /£ . will it rise more ???

Swany



Joined: 01/12/2009
Posts: 255

Message Posted:
23/02/2011 20:00

Re 8 check out http://www.cyprus44.com/forums/56794.asp .

david9


Joined: 09/09/2008
Posts: 358

Message Posted:
24/02/2011 05:16

Breezyboy

Are you getting a better rate on monthly account with Creditwest?

breezyboy


Joined: 14/05/2007
Posts: 1179

Message Posted:
24/02/2011 17:31

David9

Sorry but the only monthly account i have is with garanti for the credit card etc. All others are 12 months and on these Creditwest are a long way ahead of garanti and Iktisat who were as good until early last year.

The rates do depend on the amount in total you have in that bank but Garanti couldn't match C/W even if all was transferred to them.

Incidentally the best freebie is the Garanti Shop n Miles credit card. This pays you air miles with Turkish which have really added up quickly for me.

doggiesteve


Joined: 06/10/2010
Posts: 265

Message Posted:
24/02/2011 17:40

Yakın Doğu Bank 9.25 % on are currently paying on TL 2 blocks on from hsbc in girne





http://tinyurl.com/6buj9st

Philcomontagu


Joined: 06/06/2010
Posts: 2

Message Posted:
24/02/2011 18:11

Credit West paying %8.5 monthly interest. just gone down from %9 this is for balances kept in for 12 months

proger1



Joined: 18/04/2009
Posts: 2919

Message Posted:
24/02/2011 19:12

david9, just for you and anyone else who is not confident enough to use google.



Turkish Bank : http://www.turkishbank.com/english

Credit West Bank : http://www.creditwestbank.com/index.php/en/personal/interest-rate.html

Garanti Bank : (I could not find actual rates on display but here is a calculator to find out how much you could get for a deposit in several different accounts, I am hoping that they are taking the 10% tax fee into account or it is a very low rate) http://www.garanti.com.tr/en/personal_banking/deposit_and_investment/deposit_accounts/time_deposit_account/calculator.page?#calcContent=UID4b3b430

Iktisat Bank : (Needed to translate this by opening it in a translator but can see the rates in Turkish if you know what to look for) http://www.iktisatbank.com/SPhERE/cPortal/iktisat/layouts/content.jsp?pOTmplt=rb&pName=Bankacılık İşlemleri > Bireysel Bankacılık > Mevduat Ür?nleri > Vadeli Hesap Faiz Oranları

Hope it helps, Paul

martinD41


Joined: 06/09/2010
Posts: 3001

Message Posted:
24/02/2011 19:47

seker bank