Unlock Higher Interest Rates: A Guide to Maximizing Your Savings

Earning extra interest and accessing continuous welcome interest rates doesn’t require campaign participation. To leverage these advantageous interest rates and grow your savings, you simply need to meet specific criteria for the listed products. You can also earn additional interest and benefit from the continuous Welcome Interest with Turuncu Accounts in foreign currencies and gold. The Welcome Period isn’t separate for each account; all your accounts benefit from the extended Welcome Period. However, after the Welcome Period, reaching the continuous Welcome Interest may occur at different times due to varying additional interest rates for each currency. For additional interest rates in other currencies, click here.

Details for each product regarding the criteria are available under the respective product headings below.

Turuncu Extra

To benefit from Turuncu Extra advantages in your Turuncu Account, you must first join the Turuncu Extra program. Upon joining, you can reach your points target by paying bills from your current account, spending with your Turuncu Extra Debit Card, or transferring money from another bank account to your ING account.

• In the Turuncu Extra program, every 1 TL spent is worth 1 point.
• The extra interest earned with Turuncu Extra is only valid for Turuncu Accounts in TL currency.
• When a refund is made for a purchase, the refunded amount is deducted from the collected points.
• For detailed information about the Turuncu Extra program, click here.

Investment Funds

To earn interest with investment funds, you need to hold campaign-inclusive investment funds in an amount determined by your Turuncu TL Account balance. To learn how much fund you need to hold according to your Turuncu Account balance and which funds are included in the campaign, click here.

• To extend your Welcome Period, you must place a fund purchase order by 13:30 on the last day of your Welcome Period at the latest.
• The target investment fund balance is determined according to your Turuncu TL Account balance from the previous business day.
• When calculating the target investment fund amount, the sum of your portfolio’s campaign investment fund balance* and campaign fund purchase orders entered until 13:30 on business days is taken into account. Purchase orders placed after 13:30 are considered when calculating the target amount for the next business day.
• After the Welcome Period, you become eligible for extra interest on the first business day following the realization of the target investment fund amount, and you continue to benefit from the extra interest as long as you maintain the relevant investment fund target amount daily.
• The balance of campaign-inclusive USD and EUR denominated investment funds is calculated based on TL fund prices.

*The investment fund balance must be maintained until 9:00 AM one business day after.

Insurance

To earn interest with an insurance product, you must have at least one of the Supplementary Health Insurance, My Home Insurance (Home), or My Car Insurance (Casco). As long as your policy is active, you will grow your savings with the announced additional interest rates.

Extra interest is reflected on the first business day following the day your policy is issued. You will continue to earn extra interest as long as your policy is active. To explore insurance products, click here.

Credit Card

To earn interest with a credit card, you must reach a domestic spending amount of 10,000 TL within the statement period.

• The additional interest rates you earn are reflected in your account on the first business day after the statement cut-off date and are valid until the next statement cut-off date.
• Only the main cardholder can earn extra interest on spending made with supplementary cards; supplementary cardholders cannot benefit from the additional interest rate.
• In case of a purchase refund, the refunded amounts are deducted from the statement amount required to earn extra interest.
• For detailed information about credit cards, click here.

When considering your savings in Turkish Lira, it’s helpful to understand its equivalent in other currencies, such as the Euro. For instance, if you are looking at saving a significant amount like 250,000 TL, you might ask “250000 Tl Kaç Euro?” to gauge its value in Euros. Understanding this conversion can be useful for international financial planning and comparing savings across different economies. While this article focuses on maximizing interest within the Turkish Lira context, keep in mind that ING Bank also offers options for foreign currency accounts, allowing you to diversify your savings and potentially benefit from exchange rate fluctuations in addition to interest gains.