Conditions Of Participation
- 15% RUSF and 5% BITT apply in Instalment Cash Advance transactions.?
- If no payment is made for Instalment Cash Advance until the payment due date or the payment made is below the instalment amount, daily current cash interest accrues on the principal instalment amount.
- In the event of Early Settlement and Partial Payment, the outstanding amount will be subject to daily current interest accrual.
- In the event of a Partial Payment, the outstanding balance is processed as a cash advance transaction in the current period, and cash advance interest accrues as of the date of this transaction.
- Early Settlement or Partial Payment is not permitted on the date of the Instalment Cash Advance transaction. ?
- Instalment Cash Advance is available from TRY 500 at minimum to TRY 20,000 at maximum per transaction. The limit at Alternatif Bank ATMs is TRY 4,000. ?
- Instalments of cash instalment transactions are included in your statement at the date given in your repayment schedule. Instalment due dates cannot be changed due to changing statement dates.
- Instalment Cash Advance can only be settled via our Call Centre.
- You can withdraw Cash Advance without the instalment option.
- As per applicable regulations, if your payment falls short of the minimum payment of your current debt by the payment due date three times within a calendar year, your card will be blocked for cash advance and limit increase until your total debt is paid; and if you repeat this payment pattern for three consecutive times within a calendar year, your card will be closed for use until your total debt is settled.
- You can make payments for any number of instalments which are not yet due, and restructure your outstanding debt in minimum 2 instalments or in the number of remaining instalments at maximum or pay your total debt early. In this case, interest is discounted depending on the amount paid early and the number of days.?
- You can apply for Early Settlement at your nearest Alternatif Bank Branch or by contacting our Call Centre at +90 444 0 555.
