All customers who open Genç ARI Account for the first time are offered Welcome interest at VakıfBank.

Genç ARI Account Features

• VakıfBank Genç ARI Account is a time deposit campaign that earns overnight interest and has time deposit features and can be opened in TRY, USD and EUR.
• Available only to real customers, up to a maximum age of 35 years (including 35 years)
• Welcome interest is valid up to TRY 250,000, USD 100,000 and EUR 100,000. If the account balance exceeds this amount, a lower interest rate will be applied to the excess amount.
• The minimum account opening amount is TRY 25,000, USD 2,000 and EUR 2,000.
• The customer can withdraw money from the account at any time.
• The welcome rate has a duration of 30 days and starts from the moment the account is opened.
• At the end of 30 days, the welcome rate will expire and will be replaced by the lapsing rate, which will be published by the Bank on a daily basis. After the welcome interest rate expires, the renewal interest rate that will be applied can change daily.
• The customer who has a VakıfBank Genç ARI Account cannot have a VakıfBank ARI Account in the same foreign currency at the same time.
• If a customer who previously closed a Genç ARI Account wishes to open a new VakıfBank Genç ARI Account in the same currency, they may benefit from the introductory interest rate again, provided that 15 days have passed since the closure of the last ARI/Genç ARI Account.
• VakıfBank Genç ARI Account can be opened at VakıfBank Branches. Accounts opened at VakıfBank Branches between 9:00 a.m. and 5:00 p.m. will mature on the same day and accounts opened after 5:00 p.m. will mature on the next business day.
• At VakıfBank Branches, money can be deposited to and withdrawn from the account as often as desired between 9:00 a.m. and 5:00 p.m. only during working days, excluding official and weekend holidays. Deposits and money withdrawal transactions can be made between 9 a.m. and 12 p.m. on half-day holidays.
• Deposits and withdrawals can be carried out at VakıfBank Branches as well as via VakıfBank Internet Banking, VakıfBank Mobile Application or via the Customer Contact Center and ATM. Deposits through these channels can be made between 9 a.m. and 5 p.m., including official and weekend holidays, and withdrawals can be made between 6 a.m. and 11 p.m. every day, including official and weekend holidays.
• Genç ARI Account, the minimum balance requirement is TRY 25,000 for TRY accounts, and USD/EUR 1,000 for USD and EUR accounts.
• The interest amount to be charged to VakıfBank Genç ARI Account is calculated for one day on the basis of the interest rate to be applied and the end-of-day balance of the account and reflected on the balance of the account on the morning of the next day. Withholding Tax (Tax Deduction) is applied based on the earned interest income at the rate specified in the legislation.
• Campaign terms and interest rates may vary.