STATEMENT EXPLANATIONS

EXPLANATORY NOTES

Minimum Payment Amount is the minimum amount due and payable as of the last payment date. Minimum payment amount shall be determined within the frame of the principles set forth in the Regulation on Bank Cards and Credit Cards.

For each card, you only have single currency statement option. Accordingly, unless you demand a change therein, our Bank will continue sending you a TL account statement even for your international spendings.

Expenditures paid by credit cards abroad are reflected onto the statement in TL, USD or Euro in the option and upon demand of the customer, while cash advances used abroad in foreign currency will be inserted into the account statement in Turkish Lira regardless of the customer’s choice as to currency of the statement. If the customer’s choice as to currency of statement is TL or in case of cash advances to be posted into the account statement in TL, expenditures incurred in foreign countries the currency of which is not USD will first be converted into USD over the relevant then-current credit card FX transactions exchange rate, while expenditures incurred in USD will be reflected onto the account statement in TL over the relevant then-current credit card FX transactions exchange rate valid as at the date of reflection onto the Bank, and if the customer’s choice as to currency of account statement is USD, expenditures incurred in foreign countries the currency of which is not USD will be reflected onto the account statement in USD over the relevant then-current credit card FX transactions exchange rate, and if the customer’s choice as to currency of account statement is Euro, expenditures incurred in USD or USD equivalent sum of expenditures in a non-USD currency will first be converted into TL over Akbank’s then-current exchange selling rate, and then will be reflected onto the account statement in Euro over the relevant then-current credit card FX transactions exchange rate, and if the customer’s choice as to currency of account statement is USD/Euro, expenditures incurred in USD will be reflected onto the account statement in USD, and expenditures incurred in Euro will be reflected onto the account statement in Euro, and expenditures incurred in neither USD nor Euro will be reflected onto the account statement in USD over the relevant then-current credit card FX transactions exchange rate. You may retrieve Akbank’s current credit card FX transactions exchange rates via here.

If and to the extent the full amount of balance of a foreign currency statement is not paid up to the last payment date, the remaining sum of debts will first be converted into TL over Akbank’s exchange selling rate valid as of the cut-off date of TL statement and then be transferred to TL statement, and interest is accrued over the daily balances starting from the cut-off date of TL statement.

If your foreign currency statement shows a credit balance, then, after the last payment date, a portion of credit balance of your foreign currency statement adequate to meet and settle the unpaid minimum payment amount of your TL statement will be transferred to your TL statement over Akbank’s then current exchange rate valid as of the date of transaction. Out of the payments made for your foreign currency statement after its last payment date, first of all, expenditures incurred during the relevant period will be recovered and collected. In addition, interest will be accrued thereon as specified above. Akbank’s current exchange rates are announced and published in www.akbank.com web address.

Chip-money is the amount you are going to gain at Axess merchants at varying rates and then you may use them for free shopping at Axess merchants.

FEES, COMMISSIONS, TAXES, FUNDS AND INTERESTS

Contractual Interest Rate

It is a net interest rate applied per month, excluding taxes and funds, to be accrued if you make a payment in an amount less than your outstanding debt of the period. For detailed information about current Contractual Interest Rate, you may visit our Interests and Fees page.

Delay Interest Rate

It is a net interest rate applied per month, excluding taxes and funds, to be accrued if you make a payment in an amount less than the minimum payment amount of your outstanding debt of the period or you do not make any payment whatsoever. For detailed information about current Delay Interest Rate, you may visit our Interests and Fees page.

Limit Excess Interest

It is the contractual interest to be accrued over the amount in excess for the period between the date of transaction and the date of actual payment if and to the extent the primary card and/or additional card holders exceed their card limits. For detailed information about current Limit Excess Interest, you may visit our Interests and Fees page.

Cash Advance Withdrawal Interest Rate

It is a net interest rate applied per month, excluding taxes and funds, to be applied on all transactions considered and treated as a cash advance withdrawal. This interest is calculated and applied starting from the date you utilize a cash credit. For detailed information about current Cash Advance Withdrawal Interest Rate, you may visit our Interests and Fees page.

Cash Advance Withdrawal Fee

It is calculated as 1% of the transaction amount, excluding Banking and Insurance Transactions Tax (BITT), in Akbank channels and other domestic bank branches. If and when customers use foreign bank branches and ATMs as well as other domestic bank branchesand ATMs for their Cash Advance transactions, in addition to the fee stated above, the expenses paid to other institutions will also be included in the transaction fee. Current installment, amount, etc. information regarding Cash Advance is available on our bank’s website (www.axess.com.tr) under the Axess Cash Solutions heading.

Installment Advance Interest Rate

It is a net interest rate applied per month, excluding taxes and funds, to be applied on all Installment Advance transactions. This interest is calculated and applied starting from the date of installment advance transaction. For detailed information about current Installment Advance Interest Rate, you may visit our Interests and Fees page.

Installment Debt Transfer Interest Rate

It is a net interest rate applied per month, excluding taxes and funds, to be calculated over your credit card debts transferred from other banks. For detailed information about current Installment Debt Transfer Interest Rate, you may visit our Interests and Fees page.

“Request Installment” Interest Rate

It is a net interest rate applied per month, excluding taxes and funds, to be applied upon subsequent division of in advance spendings into installments. This interest is calculated and applied starting from the date of “Request Installment” transaction. Current installment, amount etc. information regarding the Request Installment is available on our bank’s website (www.axess.com.tr) under the Axess Features heading.

“Request for Postponement” In Advance Interest Rate

In advance interest is calculated over the postponed amount of debts, and is reflected onto the first statement to be issued. Current installment, amount etc. information regarding the Defferal Request is available on our bank’s website (www.axess.com.tr) under the Axess Features heading.

Bill Payment Fee

For instant/one-time bill payments, a fee of 40 TL + BSMV is charged on Akbank Internet channel and at Akbank Branches, depending on the institution change. No fee is charged in instant / one-time invoice payments for Turkcell, Türk Telekom, Vodafone and Superonline bills.

EFT / Remittance Transaction Fee

In EFT/Remittance transactions paid out of credit card, a Cash Advance fee of 1.00% of the transaction amount, excluding Banking and Insurance Transactions Tax (BITT) and Resource Utilization Support Fund (RUSF), as well as EFT/Remittance fee varying according to transfer amount and transaction channel shall be imposed upon such transactions. Regarding remittance transactions, on the other hand, maximum fees to be applied shall be determined based on the EFT fees and the categorization thereof, half of the relevant fees shall apply for remittance transactions.

Social Security Agency Premium Payment Fee

For detailed information about current Social Security Agency Premium Payment Fee, you may visit our Interests and Fees page.

PTT Online Payment Fee

For detailed information about current PTT Online Payment Fee, you may visit our Interests and Fees page. And in addition Resource Utilization Support Fund and Banking and Insurance Transactions Tax are also charged as per legal requirements.

Card Fee

It is the annual subscription fee charged over Axess primary and supplementary credit cards. Supplementary card fee is reflected as a debt onto the account statement in the same period with the primary card fee. For detailed information about current Axess card fees, you may visit our Interests and Fees page.

Lost & Stolen Card Renewal Fee

If your card is lost or stolen, for detailed information about current Lost & Stolen Card Renewal Fee, you may visit our Interests and Fees page. It is charged starting from the 3rd renewal.

DICTIONARY

Kart Numarası: Card Number
Dönem Borcu: Statement Debt
Son Ödeme Tarihi: Last Payment Date
En Az Ödeme Tutarı: Minimum Payment Amount
Ekstre Dönemi: Statement Period
Hesap Kesim Tarihi: Statement Cut-off Date
Bir Sonraki Hesap Kesim Tarihi: Next Statement Cut-off Date
Bir Sonraki Son Ödeme Tarihi: Next Statement Last Payment Date
Kart Limit: Credit Card Limit
Kullanılabilir Kart Limiti: Avaliable Credit Card Limit
Toplam Nakit Avans Limiti: Total Cash Advance Limit
Müşteri No: Customer Number
Şube Kodu / Hesap No: Branch Code / Account Number
Akdi Faiz Oranı: Contractual Interest Rate
Gecikme Faiz Oranı: Delay Interest Rate