Interest Increased

[Hellzbellz]

god I hope it never drops below 5%! Anyone know what HSBC is at the moment?

Just logged on and checked my savings at HSBC, down again to 5.5%

[desmartinson]

Then you,re with the wrong bank.  

[Hellzbellz]

Then you,re with the wrong bank.   

you are probably right but the amount I have in there isn't worth the hassle of changing it 

[corbindallas]

Anyone use TEB bank and if so what kind of service do you get off the staff?

[usedbustickets]

Anyone use TEB bank and if so what kind of service do you get off the staff?

Our experience is pretty good in terms of the products offered and the service given, providing you don't have to queue for something 'downstairs'.  So to give yourself the best chance avoid Monday (start of the week and weekend pay in day), Tuesday (Market day) and Friday (Prayers day and close of business week for some).  So generally Wednesday and Thursday are good banking days, but that usually applies to all banks and not just TEB.

[Eric]

We have been into the TEB Bank a couple of times this week to change money.  Their rate is better than our bank, ING, and there are always smiling faces.  Inquired about their daily current account and it would appear to be better than the ING Orange account.  So, will be going in sometime in the next few days to get the lowdown and possibly move accounts.

[wickwilly]

TEB daily account at the moment is 6.75. Same as their 35 day account. Managed to get 7.50 with Seker Bank on a 6 month deposit account. I also find that Seker bank gives a better exchange rate than all the other banks.
WW

[calvin 1949]

7.00 HSBC !!!

[corbindallas]

7.5% Garanti 21 days to 27 days account
ING Orange Acct 8% introduction rate then reverts to 7%

Best rate around at the moment between 15 different banks with a min 25000TL deposit is TEB at 7.95%

Seems a few banks are dragging their heels to raise their rates compared like Finans only offering a poor 6.10%!

 http://www.finansbank.com.tr/en/banking/consumer-banking/deposit-products/popup-e-deposit-interest-rates.aspx

[corbindallas]

TEB daily account at the moment is 6.75. Same as their 35 day account. Managed to get 7.50 with Seker Bank on a 6 month deposit account. I also find that Seker bank gives a better exchange rate than all the other banks.
WW

Problem with that is you are locked in for 6 months in a period when the rate is climbing, Garanti's 21-27 day is offering the same rate, and it is rumoured the rate is expected to pan out at 8% thus you could lose out. TEB rate has dropped if it is only 6.75 now as it was showing 7.95% on a 32 day account??