2025 retiree promotions at their peak! Banks to increase rates in March

Promotion campaigns offered by banks for retirees are drawing attention in 2025 as well. Currently, promotion amounts at some banks have reached up to 21,000 TL.

NEW INCREASES IN MARCH

However, it is stated that with the meeting expected to be held between the SGK and the government in March, promotions could rise to the 25,000 TL level.

SGK expert Murat Bal, in his statement during a live broadcast on CNN Türk, said, “Promotions started at 500 TL in 2017. We saw an increase of nearly 100 percent last year. I think a similar increase will continue this year.”

PUBLIC BANKS MAY INCREASE PROMOTION FIGURES

Experts predict that public banks, in particular, will increase their promotion figures. Currently, promotion amounts at public banks range between 8,000 TL and 12,000 TL. Murat Bal said he estimates these figures will be between 15,000 TL and 25,000 TL following the meeting in March.

Reminding that banks do not only offer cash promotions, Bal said, “Services such as free EFT and money transfer transactions, advantages in deposit interest rates, and low-interest loans are also provided.”

WHEN WILL THE HIGH PROMOTIONS BE ANNOUNCED?

Giving an important warning to retirees who want to change their promotions, Bal said, “Promotions that will exceed the currently announced figures are on the way. Our citizens need to be a little more patient.” Following the meeting to be held in March, a significant increase in promotion offers is expected.

Retirees can easily switch between banks to take advantage of high promotion offers. Murat Bal reminded that bank changes can be made quickly via e-Devlet and emphasized the points to consider during this process:

Is the bank's ATM network extensive?

Is internet banking easy and accessible?

Are the conditions suitable for the consumer after receiving the promotion?

Bal also stated that attention should be paid to the promotion difference that must be paid when switching to another bank. “For example, you received a 9,000 TL promotion and withdrew your salary from the same bank for 1 year. By paying back 6,000 TL, you can take advantage of another bank's 24,000 TL promotion offer,” he said.

MARCH IS THE CRITICAL DATE

According to experts, major changes regarding promotions are expected to take place in March. It is stated that after the meeting to be held by Social Security (SSK) and government officials, public banks will announce their new promotion figures.

Murat Bal offered the following advice to retirees:

You can easily perform transactions for bank switches using e-Devlet.

Evaluate the bank's service quality; pay attention to details such as internet banking, EFT transactions, and ATM network.

Examine and decide on promotion agreements. Some banks offer additional advantages.