Accumulating Deposit Account
Opportunity to invest in different markets with capital protected deposit account at DenizBank
Your capital is protected while you capitalize on your savings in different markets!
Small step for your budget, big step to save money!
Give instructions from your credit card or your demand deposit account, accumulate for your future.
You can invest regularly in long term with your account or credit card instructions, you can increase your savings with deposit account accumulation interest rates.
Also, Accumulating Deposit Account provides the opportunity of saving with small amounts starting with 150 TL, USD, EUR.
- Money is deposited into your Accumulating Deposit Account automatically and regularly from your account or your credit card* in accordance with your order.
- You start to earn with advantageous interest rates of Accumulating Deposit Account starting from the first day.
- You can make monthly or quarterly regular transfers based on your wish.
- Accumulating Deposit Account can be opened in TL, USD and EUR.
- Maturity is 3 years for all currencies.
- You can start earning interest by depositing an initial payment when opening the account.
- Interest amount is accrued to your account at anniversaries of the account.
- At the start of following years, interest continues to accrue over new advantageous interest rates determined at the beginning of the year. DenizBank commits that interest rates of following years shall be 0.50% higher in TL and 0.25% in FX compared to the highest interest rate average announced by 4 largest private banks for time deposits with 365 day maturity.
- You can change the regular payment amount whenever you wish during the time of maturity.
- You can also make interim payments at amounts you wish during the term of maturity, on condition that it is only made on regular payment days if you want to grow your savings faster.
- You can change your payment amount as much as you like on condition that it is not under the minimum payment amount.
- In case regular payment amounts cannot be collected, partial collection is made on condition that it is not lower than the minimum regular payment amount. Partial collection types of payments are considered as regular payments.
- Deposits Accumulating Account can be opened with a minimum of 150 TL and 50 USD / EUR starting amount.
- On instructions issued from your credit card, the amount of your regular payment will be collected on the day your credit card is debited, and this amount will be held on a temporary account until the last payment date of your credit card. For this reason, the deposit accumulation account cannot be tracked until the last payment date of your credit card. On the last payment day, the relevant amount is taken from the temporary account and automatically transferred to the Deposit Account.
- 100.000 TL of time deposit accounts are under the guarantee of Savings Deposit Insurance Fund
How can I transact?
You can open your Deposit Account by visiting your nearest DenizBank branch or from the Internet Banking.
To access Internet Banking: http://www.denizbank.com/en/default.aspx