If you are thinking about how to invest your savings, you are in the right place. You can keep your savings safe and grow them by opening a Secured Savings Account at Kuveyt Türk.

About Secured Savings Account

The Secured Savings Account is a type of participation account that allows you to make long-term regular savings and offers the advantage of receiving multiplied savings in case of disability and death. If you want to secure your future with small savings, apply now through the Kuveyt Türk Mobile app!

How to Open a Secured Savings Account

Open your account anytime, anywhere by downloading the Kuveyt Türk Mobile app to your phone. You can also use the Internet Branch or visit Kuveyt Türk branches.

Details on Secured Savings Account

To open a Secured Savings Account, you must be between the ages of 18 and 50, a citizen of the Republic of Türkiye, or a foreigner holding a foreigner identification number. If you meet these conditions, you can easily open your savings account.

  • You can open your account as a natural person in TRY with a minimum term of 3 years and a maximum term of 10 years.
  • You can open only one Secured Savings Account as an individual.
  • With monthly instructions, you can transfer your savings of a minimum of 100 TRY to your account.
  • The profit you earn from the savings collected in your account is calculated on a yearly basis. You may choose to keep the profit in your Secured Savings Account.
  • You can give instructions using your Kuveyt Türk credit cards as well as your current account.
  • The profit share rate in your Secured Savings Account is 80/20, and the withholding tax rate is 0%.
  • If you give monthly instructions, you may delay your payments once a year.
  • If you withdraw money from your account before the term date, your account will be closed. In this case, 50% of the profit from the savings you have made until the account is closed is deducted.
  • You can extend the term of your account by visiting Kuveyt Türk branches within 15 days before the term date. If you do not extend the term, the profit earned on your total balance is credited to your account, and your account is closed. The amount in your savings account is transferred to your current account.
  • If you open a Secured Savings Account, you can benefit from life insurance, the premiums of which are regularly paid by Kuveyt Türk, free of charge.

Advantages of Secured Savings Account

Opening a Secured Savings Account at Kuveyt Türk has many advantages. Along with being able to multiply your savings for the future and benefit from coverage, you can:

  • Get the chance to save regularly with small monthly amounts.
  • Enjoy the discount on withholding tax if you make regular payments.
  • Delay your payments once a year if you cannot make regular payments.
  • Save money while investing for the long term thanks to the Secured Savings Account.
  • If you make regular payments, you or your heirs can benefit from specified coverages in the event of your disability or death.
  • Receive high rates of payment according to your age as part of coverage.
  • Benefit from free life insurance, premiums of which are paid by Kuveyt Türk.


If you have made regular payments, you or your heirs can benefit from coverages if you become disabled or pass away before the term ends.

  • Coverage is calculated based on the coefficient determined according to your age.
  • Coverage is calculated only on the amount you instruct. No coverage payment is made for over-deposited amounts.
  • The maximum coverage limit for this account is 100,000 TRY.
  • You must be at most 60 years old to benefit from the coverage.
Age Coverage Coefficient
18-30 3
31-35 2.5
36-40 2
41-45 1.5
46-50 1

Secured Savings Account Fee

You do not need to pay any fees to open an account. You can open your Secured Savings Account anytime, anywhere, through the Kuveyt Türk Mobile app.

Channels to Apply for Secured Savings Account

To open a Secured Savings Account, you must first have a Kuveyt Türk account. If you are not a Kuveyt Türk customer, you may visit our Become a Kuveyt Türk Customer page and check out the steps to become a customer. You may use the Kuveyt Türk Mobile, Internet Branch, or Kuveyt Türk branches to open your Secured Savings Account.


Frequently Asked Questions About Secured Savings Account

How can I calculate my coverage payment?

In order to calculate your coverage payments, you need to know the monthly amount you deposit into the Secured Savings Account, the term, and your age.

For example, if you open a Secured Savings Account at the age of 25 with a 3-year term and a monthly payment of 1,000 TRY and make regular payments for 24 months while complying with the specified conditions, 24,000 TRY will accumulate in your account. You can receive a profit share of 2,000 TRY from this amount accumulated over 2 years.

If you pass away or get disabled in the 25th month, the coverage to be paid to your heirs in case of your death and to you in case of your disability will be 24,000*3 = 72,000 TRY. The reason for multiplying the total savings by 3 is that your age is between 18 and 30. The total payment you will receive with the profit share, coverage, and accumulated savings will be 98,000 TRY.

What happens if I make a withdrawal before the term ends?

If you withdraw money from your account before the term date, your account will be closed. You can receive 50% of the profit share of the amount accumulated in your account until the closing date.

How can I give payment instructions?

You can give your monthly payment instructions from your Kuveyt Türk credit card or your current account.