With the decline in interest rates, banks' new customer campaigns have once again come to the forefront. Many banks are offering interest-free personal loans, installment-based additional accounts, and installment-based cash advance options as part of their “welcome” campaigns.
The campaigns are particularly attracting the interest of those looking to meet short-term cash needs and consumers who want to utilize the zero-interest amounts for various expenses. While the terms for the options announced by banks are predominantly 3 months, some credit products offer terms of up to 6 months.
CURRENT BANK CAMPAIGNS
QNB provides new customers with a 3-month term 50 thousand lira installment-based additional account, a 3-month term 25 thousand lira loan, and a 3-month term 25 thousand lira installment-based cash advance. Thus, the total interest-free amount reaches 100 thousand lira.
Akbank's campaign includes a 3-month term installment-based 'plus money' (artı para) of up to 100 thousand lira and a 3-month term installment-based cash advance of up to 25 thousand lira for new customers. With this package, the total amount goes up to 125 thousand lira.
Garanti BBVA offers new customers an interest-free loan of up to 50 thousand lira with a 3-month term and an installment-based cash advance account of up to 50 thousand lira with a 3-month term. In the bank's campaign, the total interest-free amount stands out as 100 thousand lira.
At TEB, there is a loan option of up to 50 thousand lira with a 6-month term and an installment-based cash advance option of up to 25 thousand lira with a 3-month term for new customers. Within the scope of the campaign, the total amount can reach up to 75 thousand lira.
Türkiye İş Bankası, on the other hand, offers new customers an installment-based cash advance of up to 25 thousand lira with a 3-month term and an additional account facility of up to 30 thousand lira with a 1-month term. In this campaign, the total interest-free amount is at the 55 thousand lira level.
It is important to check the details regarding terms, limits, conditions for becoming a customer, and additional fees from the relevant bank's current announcements before applying for the campaigns.
News Source: 12punto
