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Banks' 100 TL game exposed: Citizens react and lower card limits to 99,999 TL

The regulation in the AKP's new tax package regarding a contribution fee to be collected from credit cards with limits over 100,000 TL has drawn the reaction of citizens. Hundreds of citizens have lowered their card limits. Additionally, it was observed that banks were automatically increasing card limits to over 100,000 TL on the same day.

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Banks' 100 TL game exposed: Citizens react and lower card limits to 99,999 TL

The contribution fee to be collected from credit cards with a limit of over 100 thousand TL, which emerged from the AKP's new tax package, has caused reactions among the public. 

Banks' 100 TL game exposed: Citizens react and lower card limits to 99,999 TL

In addition to credit cards, taxes will also be levied on notary services and second-hand vehicle sales. 

Banks' 100 TL game exposed: Citizens react and lower card limits to 99,999 TL

With the new regulation, 1 billion 355 million dollars in tax revenue is expected to be collected.

Banks' 100 TL game exposed: Citizens react and lower card limits to 99,999 TL

Citizens reacting to the decision lowered their limits above 100 thousand TL to 99,999 TL or lower.

Banks' 100 TL game exposed: Citizens react and lower card limits to 99,999 TL

Many citizens shared their transactions on social media.

Banks' 100 TL game exposed: Citizens react and lower card limits to 99,999 TL

Furthermore, it was observed that immediately following the decision, banks automatically increased limits and raised limits below 100 thousand liras without customer consent. 

Banks' 100 TL game exposed: Citizens react and lower card limits to 99,999 TL

While some banks have set their limits to 100 thousand 100 TL, this figure is higher at other banks. 

Banks' 100 TL game exposed: Citizens react and lower card limits to 99,999 TL

Additionally, in the limit reduction section of mobile banking, a warning was included stating that if a limit reduction is performed, a subsequent request to increase the limit again might not be approved. 

Banks' 100 TL game exposed: Citizens react and lower card limits to 99,999 TL

Here are the screenshots taken by citizens

Banks' 100 TL game exposed: Citizens react and lower card limits to 99,999 TL



News Source : 12punto

card limit credit card tax Credit card limit limit reduction