What are the best bank rates?

[epsomboy]

Hello
what are the best bank rates at the moment for a Time Lira account?
Ive been told up to £44,000 for a one month is 18%,more then that they will do a better rate, for a one year bond its 20%,i would like to know what other banks are doing please. Those rates are with Fortis bank

Thanks
Lee

[epsomboy]

Sorry about the spelling,should say Bank not Ban :-)

[Stressed Eric]

Government bonds are pretty good at the moment. Last week offering over 23% (less of course the 10% tax on your interest).

[Stressed Eric]

Garanti are currently offering 19% on balances over 25,000ytl for a 29 day maturity.

[epsomboy]

Hi Eric
thanks for that,the bond is that with Garanti Bank? and which Branch?
25,000 ytl what is that in Sterling? :-) £10,000?
I have been offered this by Fortis bank .A 1 year bond is 20%,but sure he can do better then that.
Savings accounts terms starts from 1 day till one year rates are changing with period;

1 day-26 day : % 17

27 day - 75 day : % 18

76-135 : % 18.5

77-136 : % 18.75

137- 225 : % 19

226 - 300 : % 19.25

301- 365 : % 19.75

 

If balance is more than 100.000(44.000 gbp) ytl i can offer you different rates. And if it is more than 400.000 ytl (175.000 gbp) i can have special offer for you from our central office. We dont take any fee we take just tax which is 15% for a year.

We dont charge any exit fee. When transfering money to sterling again we will serve you special exchange rate.

 

[Stressed Eric]

The government bond of over 23% gross annually, is for a maturity in Jan 10(18 months), and yes, thats through Garanti (Fethiye). There are other bonds over a shorter period but for less interest.

[tylerbabe]

quote:Originally posted by Stressed Eric

Garanti are currently offering 19% on balances over 25,000ytl for a 29 day maturity.

Hi eric,
We are with Garanti and have over that amount and only getting 16.25%
how have you managed that please let me know.

[cenk]

% 16,25
Is that a daily interest account ?
Cenk

[Stressed Eric]

You need to keep an eye on what interval gives the best rates.
A monthly account gives 16.75%
A 29 day account gives 19.50%
A 14 day account gives 18.75%
A  7 day account gives 18.25%
Why ? Who knows ? You can keep a check of this on your internet banking if you've got it.

[tylerbabe]

As far as I know it is monthly should I change it to 29 day