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Interest rates Iktisatbamk

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CrazyHorse


Joined: 28/07/2010
Posts: 6

Message Posted:
08/02/2012 17:00

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Message 1 of 14 in Discussion

Special promotion rates at Alsancak Iktisatbank 12% the offer is only till end of Feb I think for any new money or new account guaranteed for 6 months, standard rate at Iktisatbank is 9.5% at present.

i have been with them for years and found them to be excellant



reyntj


Joined: 26/01/2011
Posts: 229

Message Posted:
16/02/2012 13:02

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Message 2 of 14 in Discussion

hi what is the minimum amount please is it just alsanjack branch or is it their whole network.i was getting 9.25 at yakin dogul. on tuesday i went to garanti bank they have offered me 11 % for monthly deposit rising to 12.2 % for 500000 tl .i went to transfer funds today from yakin dogul bank but they have offered me 11 % to stay monthly deposit rate so i have left this money there for another month.



eager


Joined: 23/02/2007
Posts: 1272

Message Posted:
16/02/2012 17:19

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Message 3 of 14 in Discussion

Anyone got an email address for these banks ?



stellasstar1



Joined: 02/07/2008
Posts: 1519

Message Posted:
16/02/2012 18:21

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Message 4 of 14 in Discussion

Although these rates are very high, it does depend how much money you have in. I know that when I went to Iktisbank once about increasing my rate,(they were advertising high rates) they said I did not have enough money in the account. So to get this 12%, do you have to put your money on deposit for 6 months?



AlsancakJack



Joined: 14/08/2008
Posts: 5762

Message Posted:
16/02/2012 18:47

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Message 5 of 14 in Discussion

I think I am right in saying that you do not get any extra interest from subscribing to a long term savings account in fact usually the interest rate for a long term account is slightly lower than a monthly savings account but the benefit is that taking out a 6 or 12 month savings account will ensure that the interest rate given at the opening of the account will be guaranteed for the term regardless of change to the Central banks interest rate where as with a monthly savings account the interest you earn could fluctuate monthly. There may be other limitations with a long term savings account as when I last checked you could not take out any interest until the term was complete. But of course that could vary from bank to bank. One other thing is that some banks offer 31 day accounts (some even 32 days) which means that the interest date payable will change from month to month (depending on the amount of days in that month) Cont.



AlsancakJack



Joined: 14/08/2008
Posts: 5762

Message Posted:
16/02/2012 18:53

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Message 6 of 14 in Discussion

cont:

And some banks will offer a pure monthly account where the interest is available to draw down on the last day of the month but of course depending on the amount of days in that month will dictate how much interest you will receive. So you will need to determine what is best for you and you need to ask all of the relevant questions to make sure you get what you want.

AJ



IktisatEng


Joined: 12/01/2011
Posts: 32

Message Posted:
16/02/2012 20:44

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Message 7 of 14 in Discussion

For details of our current interest rates please contact me on english@iktisatbank.com and I will be happy to email you details specific to your enquiry.



eager


Joined: 23/02/2007
Posts: 1272

Message Posted:
17/02/2012 00:21

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Message 8 of 14 in Discussion

Hi,

I have an account in NC with more than 700,000 TL in it.

What is the best interest rate that you could you offer me.

Regards

Charles



IktisatEng


Joined: 12/01/2011
Posts: 32

Message Posted:
17/02/2012 08:29

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Message 9 of 14 in Discussion

Dear Charles,



I would be happy to provide you with details of our interest rates however I am unable to view your email address on here, therefore could you kindly post this or alternatively please email me at english@iktisatbank.com.



Thank you



TheScarlets



Joined: 14/04/2009
Posts: 877

Message Posted:
17/02/2012 09:13

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Message 10 of 14 in Discussion

IktisatEng what is the best rate expected for 50,000tl



IktisatEng


Joined: 12/01/2011
Posts: 32

Message Posted:
17/02/2012 10:38

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Message 11 of 14 in Discussion

TheScarlets if you would like to let me have your email address or alternatively email me on english@iktisatbank.com I will be happy to respond to you.



Kind regards



Jonesy299


Joined: 07/02/2009
Posts: 367

Message Posted:
17/02/2012 17:50

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Message 12 of 14 in Discussion

It seems some members are happy to inform all of their disposable income - I'm waiting for the "I've got £1M quid where can I get the best interest?" and he'll be my next best friend!!!



Becker


Joined: 13/11/2011
Posts: 68

Message Posted:
17/02/2012 19:00

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Message 13 of 14 in Discussion

Message 11.You have not replied to my e-mail as yet.



Saint1


Joined: 22/08/2008
Posts: 22

Message Posted:
18/02/2012 08:43

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Message 14 of 14 in Discussion

I moved my account from Iktisat Bank to Creditwest Karaoğlanoğlu branch last month. I did not move my account because I got a better rate but because I felt trusting of Creditwest. The staff speak perfect English and the service is excellent.

Iív also checked out the recent interest rates here in Cyprus and it seems that it is much more varied than before . It is better to mesure your interest rate with the treasury bills which is a bench mark for most of the economies. I feel that the fluctuation of the interest rates in some banks are just for a short period. I donít feel relaxed where the bench mark is 9 or 9.5% when some of the banks here offer 12 or 12.5%. As long as I believe I am getting a fair interest rate, nothing will budge me from Creditwest where I am getting a high standard of service.





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