The number of installments that can be made varies depending on whether the card is personal or corporate.
Under the legal regulation published in Official Gazette No. 30510 on 15.08.2018, put into effect within the scope of the Regulation on Bank Cards and Credit Cards by the Banking Regulation and Supervision Agency (BRSA), the installment periods for goods and services purchased with credit cards are as follows:
For personal cards;
- Post-purchase installment:Including periods in which the debt is converted into installments or payment is deferred for a certain fee after the purchase of goods or services, the installment period limit for purchases of goods and services and cash withdrawals made with credit cards is 12 months.
- Gold: Gold purchases cannot be made in installments; they can only be completed as a single payment.
- Computer: The maximum number of installments for electronic goods and computer purchases is 3.
- Airlines and Vacation: The maximum number of installments for purchases from airlines, travel agencies, transportation, and accommodation is 9.
- Health: For spending related to health and social services, purchases of health products, payments to clubs and associations, and tax payments,
the maximum number of installments is 9. - Phone:Telecommunications spending, direct marketing-related spending, and spending made abroad with credit cards cannot be made in installments; they can only be completed as a single payment.
- Market: Purchases of food, groceries, alcoholic beverages, fuel, cosmetics, office supplies, and products that do not involve any tangible goods or services, such as gift cards and gift vouchers, cannot be made in installments; they can only be completed as a single payment.
For corporate cards;
For purchases of goods and services and cash withdrawals made with corporate credit cards, including periods in which the debt is converted into installments or payment is deferred for a certain fee after the purchase of goods or services, the maximum number of installments is 9.
