Your cookie choices

We use necessary cookies to make this site work. With your permission, analytics cookies help us understand usage and marketing cookies support advertising.

You can reject non-essential cookies and still use the site. Change your choices anytime in Cookie settings.

Cookie settingsCookie policy

Hayat Finans review

Updated September 28, 2026 · VaultCue Editorial Team · Facts checked September 26, 2026

We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. Partners with a live offer in your country come first, then every other brand by score.

Our verdict

Hayat Finans Katilim Bankasi suits Turkish savers who want money tied up for a set term and do not want a fee for holding it. The monthly fee is TRY 0 and the rate is fixed, so the trade-off is a locked return in exchange for keeping your cash out of reach.

Key facts

Best for
A fixed-term lira deposit that costs nothing to hold.
Monthly fee
TRY 0↗
Currencies
4↗
Free ATM withdrawals
TRY 0↗
Transfer fee
Havale, EFT and FAST free; SWIFT foreign-currency transfer 0.10% (min 10, max 350 in USD/EUR/GBP, BSMV included)↗
Legal entity
Hayat Finans Katilim Bankasi A.S.↗
Headquarters
Turkey↗
Founded
2023↗
Support channels
Phone, Email, Help-centre↗
Pricing model
No monthly fee
Features
Free ATM withdrawals
Official website
hayatfinans.com.tr

Savings

Rate type
Fixed↗
Term
from 1 month↗
Minimum deposit
TRY 1,000↗
Access terms
Katilma Hesabi opened via the Hayat Finans mobile app (or internet banking for corporate customers); terms from 7 days; withdrawal during the term allowed if the minimum opening balance is kept↗
Account kind
Fixed↗

Money transfer

Exchange rate markup
0%↗
Delivery time
Havale 7/24; EFT weekdays 09.00-17.15; FAST outside EFT hours↗
Payout methods
Bank↗
Fee to send 1,000
TRY 0↗

Facts checked September 26, 2026, 6 sources

Apps and profiles

Get the app
App Store
Elsewhere
LinkedInXyoutube.com

Pros and cons

Pros

  • Monthly fee of TRY 0, with free ATM withdrawals as part of the package.
  • Havale, EFT and FAST transfers are free, and the conversion margin is 0%.
  • Support by phone, email and help centre, with a phone line as well as email.

Cons

  • The balance is tied up for the term, and early withdrawal means keeping the minimum opening balance of TRY 1,000 in place.
  • Support runs on phone, email and help centre only, with no live chat or community forum listed.
  • Only 4 currencies are held, so frequent multi-currency spending happens outside the account.
Hayat Finans

Ready to try Hayat Finans?

Scored 8.7 / 10 by VaultCue.

See alternatives

Who it suits

  • Savers in Turkey with lira to place who want a known return for a set period.
  • People who want free domestic transfers and free cash withdrawals.
  • Corporate customers, who can open and manage the account through internet banking.

Who should look elsewhere

  • XTB, whose monthly fee is €0 as well, if your money is not going into a Turkish term deposit.
  • Skrill, whose monthly fee is €0, if the balance is held to send money rather than to earn.
  • AXI Card, whose monthly fee is €0, if a card matters more than a fixed-term return.

Rates and card terms

The Katilma Hesabi pays a fixed rate, so the return is set when the account is opened and holds steady for the whole term rather than tracking market rates. Terms run for from 1, which makes this a short commitment by design: a shorter term returns the money sooner, and a longer one suits a saver who can leave the balance untouched for the period chosen.

The company behind it

The legal entity behind the bank is Hayat Finans Katilim Bankasi A.S., headquartered in Turkey and founded in 2023, so it is a recent name on the Turkish market. Supervision sits with the Banking Regulation and Supervision Agency of Turkiye. Support runs on phone, email and help centre, so a phone line, email and a help centre are all in place.

How Hayat Finans compares

Where Hayat Finans is available

Available
Turkey
Licence in Turkey
Banking Regulation and Supervision Agency of Turkiye (BDDK), checked September 26, 2026

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

What does it cost to keep money in this account?+

The monthly fee is TRY 0, and the bank is listed under a no-monthly-fee model. Cash withdrawals are free, with an allowance of TRY 0. Domestic transfers on Havale, EFT and FAST are also free, so basic use costs nothing to run.

Who supervises the bank and where is it based?+

The bank is based in Turkey and is supervised by the Banking Regulation and Supervision Agency of Turkiye. Deposits therefore sit with a deposit-taking bank rather than a payments firm, which is the main point to weigh on safety. Read the current protection terms before opening.

Can I take money out before the term ends?+

Early withdrawal is allowed during the term, but the minimum opening balance has to stay in place, so the money remains tied up. The opening balance is TRY 1,000 and terms run for from 1. Treat it as a deposit rather than an everyday spending account.

What rate do I get and for how long?+

The Katilma Hesabi pays a fixed rate, so the return is set when the account is opened rather than moving with market rates. Terms run for from 1, and the account is listed as fixed. That suits someone who wants a known return on lira for a period they can leave alone.

How are transfers priced, and how quickly do they move?+

Havale runs around the clock, EFT runs on weekdays within a set window, and FAST covers transfers outside EFT hours. Domestic transfers cost TRY 0. SWIFT transfers in other currencies carry a small percentage charge with a floor and a ceiling, with BSMV included.

How many currencies can I hold and what is the conversion margin?+

You can hold 4 currencies, and the conversion margin is 0%. SWIFT transfers in other currencies carry a small percentage charge with a floor and a ceiling, with BSMV included. Anyone spending often abroad should price that charge before committing the balance for the full term.

How do I open the account and get help?+

The Katilma Hesabi is opened in the Hayat Finans mobile app, and corporate customers can use internet banking instead. It is a fixed account, so it is built around a term rather than instant spending. Support is available on phone, email and help centre if setup needs help.

Sources

Compiled from 6 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Licence type, Deposit protection, Currency conversion fee.

Related by the facts

Hayat Finans

Hayat Finans

A fixed-term lira deposit that costs nothing to hold.

8.7/10See alternatives