The interest rate race is heating up! 1-month return of 500 thousand TL exceeded 15 thousand TL

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Lerato Khumalo

Opportunities and “welcome” campaigns offered by banks in deposit interest rates continue to vary. Investors and savers compare rates to invest their money in the bank that provides the highest return.

According to the current bank data shared, the net earnings offered by the 500 thousand TL savings in the 32-day period and the total balances at the end of the period have been determined.

Interest and dividend rates in the prominent banks in the current list vary between 35% and 47%. The net profit to be obtained at the end of 32 days with an investment of 500 thousand TL is in the range of 10,500 TL to 15,200 TL, depending on the selected bank and account type.

According to the data of July 26, 2027, the 32-day interest yield of 500 thousand TL was shaped bank by bank as follows:

Akbank (Free Plus Account)

Interest Rate: 41.5%
Net Earnings: 15.228,49 TL
End of Maturity Balance: 515.228,49 TL

QNB (E-Time Deposit)

Interest Rate: 41.25%
Net Earnings: 14.917,81 TL
End of Maturity Balance: 514.917,81 TL