İhtiyaç Card

Introduction

“Do you have marriage expenditures?”

“Are you going to go on a journey?”

“Are you going to change your furniture?”

“Do you have high-priced shopping that you shall make at a certain period of time?”

İhtiyaç Card is just for you!

Kuveyt Turk provides you with the opportunity to fulfill all your needs with İhtiyaç Card by means of an implementation to be performed in Turkey for the first time. İhtiyaç Card, which you may obtain from our branches, enables you to benefit from single-payment advantages in your shopping and make your payments in the number of installments you have stated during your application (from 6 months to 48 months).

With İhtiyaç Card, you do installments over the cash price that you have agreed on not in certain stores but every store at home and abroad.

You can use your İhtiyaç Card through 2 months from the card print date. For instance, the card printed in June can be used until last day of July.

"Kuveyt Turk İhtiyaç Card is with you for all your needs..."

Advantages
  • In your expenditures, it provides you with the opportunity of installment on each POS independent of contracted merchants.
  • For all your expenditures, an installment plan is made with late interest depending on the number of installments you have determined during your application.
  • It removes the obligation of bringing a new invoice and making a new installment plan for each shopping.
  • It offers the convenience of following all transactions on a single account statement.
  • With İhtiyaç Card, you use your personal finance as a card and make use of the security opportunities of Credits Cards in case it is stolen, lost, etc.
  • You can use your İhtiyaç Card through 2 months from the card print date and are never unable to work your debt out.
  • You bargain with the seller as if you make cash payment but pay your expenditures by installments over the bargain price that you shall get.
  • In your shopping, you can have as many installments as you wish from 6 months to 48 months.
  • You benefit from the opportunity of installment shopping abroad.

    Note: The possibility of installment applies only for the transactions that are equal to or more than 50 TL. The transactions that are less than 50 TL shall be reflected to your first statement as single-payment.

Installment

An installment plan is made for each transaction equal to or more than 50 TL that you shall make by Kuveyt Turk İhtiyaç Card. The number of installments is determined by you during card application. The number of installments that you have determined remains stable and an installment plan is made for all of your transactions above the minimum limit. You benefit from cash price (single payment) discount and, as murabaha, Kuveyt Turk İhtiyaç Card does installments. In the case of early closure of your credit card, the remaining profit and taxes for the next months will not be paid back, just the remaining balance will be paid back. Finance fee is equal to the 0.5% of the total amount spent.

Amount of Finance Rate of Profit Maturity Finance Fee Insurance Monthly Cost Annual Cost Amount of Installment
10,000 1.34% 46 50 TL 0 0.32% 3.83% 309.28 TL