What your card balance really costs

The real cost of clearing a card balance with minimum payments, using the central bank’s maximum rates and taxes.

Turkish credit card minimum payment calculatorTurkish credit card interest calculatorTurkish cash advance interest calculatorTurkish credit card debt restructuring calculatorInterest rates 2026Fee refunds

What if I only pay the minimum?

Minimum payment rate%40
First minimum payment16,000 TL
Monthly interest
%3.75 + with KKDF and BSMV taxes%4.88
Paid off in16 months
Total interest and tax2,871 TL

Assumes no new spending and exactly the minimum paid each month. Your bank may charge less; this uses the legal maximum.

What does a cash advance really cost?

Monthly interest
%4.25 + with KKDF and BSMV taxes%5.525
Interest and tax1,751 TL

Assumes interest is added to the balance each month with no payments in between. Some banks also charge a cash advance fee, which is not included.

Common questions

What is the credit card interest rate in Turkey in 2026?

The central bank’s maximum monthly rate depends on the statement balance: under 30,000 TL: 3.25%; 30,000 to 180,000 TL: 3.75%; 180,000 TL and over: 4.25%. Late interest: under 30,000 TL: 3.55%; 30,000 to 180,000 TL: 4.05%; 180,000 TL and over: 4.55%. KKDF and BSMV taxes are added on top.

Which taxes are added to card interest?

15% KKDF and 15% BSMV are charged on the interest. So 3.25% monthly interest becomes 4.225% with taxes.

What is the minimum payment on a Turkish credit card?

If your limit is 50,000 TL or less, the minimum is 20% of the statement balance; above that it is 40%.

How much does a cash advance cost?

The maximum monthly rate on cash advances is 4.25%, with 4.55% late interest. With taxes that is 5.525% a month.

Sources: CBRT maximum rates, BDDK minimum payment rule, KKDF and BSMV rates. [1][2][3][4]Last checked: 27 September 2026