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Hayat Finans review

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

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Our verdict

Hayat Finans suits people in Turkey who want a fixed savings account and a cheap personal loan in one app. Fees are the draw: the monthly account fee is TRY 0, lending starts at an 3.25% to 4.25% range with an allocation fee of 0 TRY.

Key facts

Best for
Turkish savers who want fixed-rate term deposits with no monthly fee
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↗
Monthly fee
TRY 0↗
Account kind
Fixed↗
Legal entity
Hayat Finans Katilim Bankasi A.S.↗
Headquarters
Turkey↗
Founded
2023↗
Support channels
Email, Phone, Help-centre↗
Pricing model
No monthly fee
Official website
hayatfinans.com.tr

Loans

APR
3.25% to 4.25%↗
Loan amount
TRY 500 to TRY 50,000↗
Arrangement fee
0 TRY↗
Representative example
Bana Bunu Al: 10,000 TRY, 6-18 months, 4.25% monthly profit share, 0 TRY allocation fee, 5.53% monthly total cost, 90.66-90.77% annual total cost↗
Lender type
Direct lender↗
Free early repayment
No↗
Eligibility
Individual customers in Turkey who apply through the Hayat Finans mobile app with a renewed Turkish Republic ID card; limit granted subject to the bank's own assessment↗
Origination fee (%)
0%↗
Loan types
Personal, Credit-line↗
Features
Virtual card

Credit cards

Annual fee
TRY 0↗
Card kind
Credit↗

Debit cards

Free ATM withdrawals
TRY 0↗
Card type
Debit↗

Facts checked September 26, 2026, 9 sources

Apps and profiles

Get the app
App Store
Elsewhere
LinkedInXyoutube.com

Pros and cons

Pros

  • Monthly account fee of TRY 0 and a no monthly fee model
  • Savings pay a fixed rate, so the return does not drift with the market
  • Lending offers a personal and credit line spread with an allocation fee of 0 TRY
  • Support runs on email, phone and help centre

Cons

  • Free early repayment is no, so closing a loan early costs money
  • Savings need a minimum opening balance of TRY 1,000, higher than many rivals
  • Only email, phone and help centre are offered, with no branch or chat option
Hayat Finans

Ready to try Hayat Finans?

Scored 8.5 / 10 by SumCue.

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Who it suits

  • Adults in Turkey with a renewed Turkish Republic ID card who bank mainly in the app
  • People who want a fixed savings term they can break early if needed
  • Borrowers comparing a personal and credit line offer from a direct lender

Who should look elsewhere

  • Anyone outside Turkey, since eligibility is limited to individual customers there
  • Savers who want an instant-access account, as this one runs for a term of from 1
  • People who pay off loans early, as free early repayment is no

Fees and currency costs

The Katilma Hesabi runs with a monthly fee of TRY 0 and an annual fee of TRY 0, so keeping money there costs nothing to hold. Free ATM withdrawals are set at TRY 0, meaning cardholders pay for their own withdrawals. Borrowing is the second cost line: the allocation fee on a personal loan is 0 TRY and the fee rate is 0%. The minimum opening deposit is TRY 1,000, which is the real barrier to starting.

Rates and terms

The savings side is a fixed arrangement, with a fixed rate held for the term you pick, and terms start at from 1. The account opens through the mobile app, and you can withdraw during the term as long as the minimum opening balance stays in place. On the lending side, the 3.25% to 4.25% range applies, covering personal loans and a credit line. Loan limits run from TRY 500 to TRY 50,000.

How Hayat Finans compares

Where Hayat Finans is available

Available
Turkey
Licence in Turkey
Bankacilik Duzenleme ve Denetleme Kurumu (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 the account?+

There is a monthly fee of TRY 0 and an annual fee of TRY 0 on the account. ATM withdrawals are covered at TRY 0. The only real outlay is the deposit you have to place.

Is the savings rate fixed or variable?+

It is fixed, so the rate you are offered holds for the term rather than moving with the market. Terms start at from 1. Bunq, Wise and Finteres all pay variable rates, which is what sets this account apart.

Can I get my money out early?+

Yes, withdrawal during the term is allowed as long as the minimum opening balance is kept. You still need the opening deposit of TRY 1,000 sitting in the account for the break to work.

Who is eligible to open it?+

Individual customers in Turkey can apply through the Hayat Finans mobile app with a renewed Turkish Republic ID card. Lending limits are granted subject to the bank's own assessment. The legal entity behind it is Hayat Finans Katilim Bankasi A.S.

How much can I borrow and what does it cost?+

Loan amounts run from TRY 500 to TRY 50,000 and cover personal loans and a credit line. The 3.25% to 4.25% range applies, with an allocation fee of 0 TRY and a fee rate of 0%. The published example pairs a monthly profit share with a higher monthly total cost.

Is my money protected by a regulator?+

The bank is supervised in Turkey by Bankacilik Duzenleme ve Denetleme Kurumu (BDDK). The account itself is a deposit product of that bank, and the terms are set in the app at the point of opening.

How do I open the account?+

You open the Katilma Hesabi in the Hayat Finans mobile app, or through internet banking for corporate customers. Once open, the term and the rate you were given are fixed for that period. Support runs on email, phone and help centre if you need help.

Can I pay off a loan early?+

Free early repayment is no, so settling a loan before the end costs money. That makes the 3.25% to 4.25% worth checking against the total cost. Borrowers who expect to clear debt early should look elsewhere.

Sources

Compiled from 9 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Headline rate, Deposit protection.

Hayat Finans

Hayat Finans

Turkish savers who want fixed-rate term deposits with no monthly fee

8.5/10See alternatives