Deposit interest rates are racing to a record: Those with 1 million earn an extra salary

As we enter 2026, the new regulation on the minimum wage is drawing attention. According to the announcement, effective January 1, 2026, the minimum wage has been increased to a gross of 33,030 TL and a net of 28,075.50 TL.

However, the high interest rates recently offered by banks provide returns that act as an additional monthly salary, especially for citizens with savings of 1 million TL or more.

The monetary policies implemented by the Central Bank and market expectations have pushed bank deposit interest rates above 40 percent. In some banks, interest rates have reached as high as 52 percent.

Under these conditions, the net return for an investor who deposits 1 million TL in a 32-day term deposit ranges between 23,000 TL and 37,000 TL. This amount is higher than the net minimum wage set for 2026.

The average net returns provided for 1 million TL over a 32-day term, bank by bank, are as follows:

Enpara (33%): 23,868 TL

Halkbank (37%): 26,761 TL

İş Bankası / Odea (38.5%): 27,846 TL

Garanti BBVA (39.5%): 28,569 TL

Akbank (40.5%): 29,293 TL

DenizBank (41.5%): 30,016 TL

Yapı Kredi / ON Dijital (43%): 31,101 TL

QNB (43.25%): 31,282 TL

VakıfBank (43.5%): 31,463 TL

Fibabanka / TEB / ING (44%): 31,824 TL

Alternatif Bank / Türkiye Finans (45%): 32,547 TL

Anadolubank (46%): 33,271 TL