Calis Beach and Fethiye Turkey Discussion Forum

Information and Services in Turkey Section => Banks, Interest, Money Transfers, Insurance => Topic started by: Hellzbellz on November 07, 2013, 06:39:14 AM

Title: Interest rate HSBC
Post by: Hellzbellz on November 07, 2013, 06:39:14 AM

Just checked bank account, interest rate dropped on savings account from 8.5% last month to 5.5% this month. Any one noticed other banks with such a big drop?

Title: Re: Interest rate HSBC
Post by: Ian on November 07, 2013, 07:32:11 AM

I am not sure if your bank works like this but at TEB - they always default to the bank base rate on the day my time deposit period ends and then the next day it goes up!

The first time this happened I got on the phone and complained and after they explained I have seen it do this many many times but only on the anniversary date.

Hope that's the case for you  ;)