Deposit interest rates hit seven-month high

A rising trend in interest rates is once again coming to the fore in Turkey's financial markets. The latest data released by the Central Bank of the Republic of Turkey (CBRT) shows that as of April, 1-3 month TL deposit interest rates reached an average of 40.6 percent, hitting their highest level in the last seven months. This increase is leading to a revival of interest in deposits among savers.

For those looking to take out loans, costs continue to rise. In particular, the rise in interest rates on consumer loans to 50.1 percent has increased the debt burden on citizens. Interest rates on commercial loans have also reached one of their highest levels in recent times, climbing to 40.9 percent.

While there have been periodic fluctuations in interest rates from the beginning of 2025 to April 10, 2026, it is notable that sharp increases have occurred on both the loan and deposit sides in the recent period. While the tightening in monetary policy causes loan costs to remain high in the banking sector, these developments are leading to deposits coming to the forefront in investment preferences.

Experts emphasize that liquidity conditions in the markets and central bank policies should be closely monitored in the coming period, noting that the course of interest rates will continue to directly affect economic activity.

HOW MUCH IS THE 3-MONTH RETURN ON 500 THOUSAND LIRA AT WHICH BANK?

Odeabank – Oxygen Account

• Interest rate: 45%
• Net earnings: 25,733 TL
• Maturity value: 525,733 TL

Türkiye Finans Participation Bank – Daily Account

• Profit share: 34%
• Net earnings: 21,134 TL
• Maturity value: 521,134 TL

Akbank – Free Plus Account

• Interest rate: 42%

ING – Orange Account

• Interest rate: 45%
• Net earnings: 23,775 TL
• Maturity value: 523,775 TL

Fibabanka – Cherry Account TL

• Interest rate: 38%
• Net earnings: 20,549 TL
• Maturity value: 520,549 TL

Garanti BBVA – E-Term Deposit Account

• Interest rate: 37%
• Net earnings: 22,998 TL
• Maturity value: 522,998 TL

Enpara.com – Term Deposit Account

• Interest rate: 35.5%
• Net earnings: 22,066 TL
• Maturity value: 522,066 TL

Anadolubank – Colorful Account

• Interest rate: 45%
• Net earnings: 25,174 TL
• Maturity value: 525,174 TL

Ziraat Bank – Dynamic Earning Account

• Interest rate: 47%
• Net earnings: 20,450 TL
• Maturity value: 520,450 TL

QNB Finansbank – Earning Daily Account

• Interest rate: 42.25%
• Net earnings: 23,110 TL
• Maturity value: 523,110 TL

Yapı Kredi – Unlimited Account

• Interest rate: 43%
• Net earnings: 23,520 TL
• Maturity value: 523,520 TL

Alternatif Bank – VOV Account

• Interest rate: 35%
• Net earnings: 20,015 TL
• Maturity value: 520,015 TL

DenizBank – Captain Account

• Interest rate: 45%
• Net earnings: 24,055 TL
• Maturity value: 524,055 TL

TEB – Ingenious Account

• Interest rate: 34.5%
• Net earnings: 19,300 TL
• Maturity value: 519,300 TL

İş Bankası – No-Wait Term Account

• Interest rate: 39.5%
• Net earnings: 24,552 TL
• Maturity value: 524,552 TL

GetirFinans – Term Deposit

• Interest rate: 43%
• Net earnings: 24,055 TL
• Maturity value: 524,055 TL

Aktif Bank – N Kolay Bond

• Interest rate: 41%
• Net earnings: 25,485 TL
• Maturity value: 525,485 TL

Halkbank – E-Deposit Account

• Interest rate: 36%
• Net earnings: 22,377 TL
• Maturity value: 522,377 TL

Şekerbank – e-Day and Night Account

• Interest rate: 20%
• Net earnings: 10,442 TL
• Maturity value: 510,442 TL

ICBC Turkey – Daily Term Deposit

• Interest rate: 23.5%
• Net earnings: 14,607 TL
• Maturity value: 514,607 TL
• HSBC – Modern Account
• Interest rate: 32%
• Net earnings: 18,299 TL
• Maturity value: 518,299 TL

News Source: 12punto