13.12.2025 07:40
A discount has been applied to the monthly maximum interest rates for credit card transactions in Turkish lira. The new regulation will come into effect on January 1, 2026.
The "Regulation on Amendments to the Maximum Interest Rates Applicable to Credit Card Transactions" by the Central Bank of the Republic of Turkey has been published in the Official Gazette and has come into effect.
According to the regulation, the upper limit for the monthly maximum interest rates applicable to credit card transactions in Turkish lira for credit cards with a period debt below 25,000 lira has been raised to 30,000 lira. The basis points to be added to the active interest rate used to calculate the maximum interest rate for these cards has been reduced from 39 to 14.
The limit set for credit cards with a period debt between 25,000 lira and 150,000 lira has been increased to a range of 30,000 lira to 180,000 lira, while the basis points used to determine the maximum interest rate for credit cards in this group have been decreased from 89 to 64.
The upper limit applied to cards with a period debt exceeding 150,000 lira has been raised to 180,000 lira. The basis points used to calculate the maximum interest rate for these cards have been reduced from 139 to 114.
CASH ADVANCE INTEREST RATE HAS ALSO BEEN REDUCED
Additionally, the interest rate for cash advances and credit deposit accounts has been lowered from 4.50% to 4.25%.
The maximum contractual interest rates for credit cards will be 3.25% for credit cards with a period debt balance below 30,000 lira, 3.75% for credit cards in the range of 30,000 lira to 180,000 lira, and 4.25% for credit cards at 180,000 lira. These rates will come into effect on January 1, 2026.