What is ON Plus?
- Extra interest for your ON Account with ON Plus! All you need to do to benefit from the extra interest rate is to reach the spending target. In your first month, your spending target is ON us! You can start benefiting from ON Plus advantages right away without having to achieve the spending target in the first month.
- Participants may have a cash refund to their account at the designated discount rate on the repayment date of their credits if they utilize advantageous credits offering interest rate discount within the scope of the program.
- In your second month in the program and the following periods, you may continue to benefit from the ON Plus advantages in the subsequent month if the invoice payments made from your checking account or expenditures with your debit card reaches a sum of 5.000 TL.
- You can make contactless payments with your ON Card and you can shop online safely with your ON Virtual Card.
- ON Plus offers additional advantages only for your TL savings; you cannot benefit from ON Plus advantages for other currencies.
- ON is a brand of Burgan Bank A.Ş.; Burgan Bank A.Ş. reserves the right to terminate the ON Plus program features or make changes in the program conditions.
ON Plus Interest Rates
| TL Balance | Demand Balance | Interest Rate | With ON Plus Interest |
|---|---|---|---|
| 5.500 - 49.999 TL | 5.000 TL | 47,00% | 55,00% |
| 50.000 - 99.999 TL | 7.500 TL | 47,00% | 55,00% |
| 100.000 - 249.999 TL | 12.500 TL | 47,00% | 55,00% |
| 250.000 - 499.999 TL | 30.000 TL | 44,00% | 50,00% |
| 500.000 - 749.999 TL | 50.000 TL | 44,00% | 50,00% |
| 750.000 - 999.999 TL | 70.000 TL | 44,00% | 50,00% |
| 1.000.000 - 1.249.999 TL | 85.000 TL | 42,00% | 48,00% |
| 1.250.000 - 1.499.999 TL | 110.000 TL | 42,00% | 47,00% |
| 1.500.000 - 1.749.999 TL | 125.000 TL | 42,00% | 47,00% |
| 1.750.000 - 2.000.000 TL | 150.000 TL | 42,00% | 47,00% |
Program Details
- A visual appropriate for the program should be added to the website. ON Plus is an ON program that you can join without making any commitments and can leave whenever you wish. You can join the program by logging in to ON Mobile and clicking on “World of Advantages” or the program banner. All you need to do is to follow the relevant instructions and give required approvals to access the program.
- The program will be valid between the dates of 10/02/2023 and 31/12/2024. You can leave the program whenever you wish.
- When you join the program for the first time, you will benefit from ON’s Welcome gift and enjoy the program without having to make any spending. Our Welcome gift will only be provided to you when you first join the program; you cannot benefit from this gift in the next participation attempts to the program.
- All you need to do to continue benefiting from ON Plus after the end of the Welcome period is to reach a sum of 5.000 TL with your debit/virtual card or institution/invoice payment transactions.
- When you leave the program and rejoin, you do not have to pay any fee.
- Credit card, bet payments, private pension payments, tax payments, SSI – Bağ-Kur paymenst, digital wallet payments (Nays, Trednyol Wallet etc.) are not included in the ON Plus spending target.
- ON Plus offers privileged deposit rates only to checking ON TL account holders and does not provide any advantages for other currencies (USD, EUR, GBP). Program participants must definitely have an account as described here.
- Following the participation conditions via the website www.burgan.com.tr/on is the user’s responsibility; all who participate in the campaign are deemed to have accepted the campaign conditions.
Frequently Asked Questions
ON Plus is an ON program that enables our ON accountholders to benefit from an extra interest advantage and also an additional interest rate reduction on certain loan products once they achieve the target set for their TL accounts within the program.
All our customers who participate in the program and achieve the target set by the program may benefit from ON Plus.
No extra fee applies to participate in ON Plus.
Customer joining the program will benefit from the program within the first month without any condition; however, in the following months, they will need to achieve the spending targets to benefit from the program.
Our program will continue to be improved in the upcoming periods in line with opinions of our valuable customers.
Customers who achieve the spending target within the current month will be able to benefit from the program advantages in the following month on the condition that they do not leave the program.
Yes. Within the scope of ON Plus, we will offer certain no-spending periods where our customers will benefit from the deposit interest rate and loan interest advantages in the relevant month without any spending target.
Additionally, there will be periods where we will designate certain amounts to support our customers in achieving their spending targets. We will thus contribute to their efforts to reach their targets and make it easy for them to enjoy the program advantages.
The program is linked to the ON Account. It will, therefore, be affected by the changes in ON Turkish Lira deposit rates. There may be an increase or decrease in advantageous rates depending on the rises or declines in interest rates of ON Account.
No. Our customers shall not be subjected to any penalty such as an extra fee to leave, etc. However, our customers will start benefiting from the ON Account interest rate at the end of the month following their leave of the program, they cannot benefit from advantageous Turkish Lira ON deposit interest rates. For example, a non-program customer will get 24% interest rate while a program customer will get 25% interest rate if she/he reaches the spending target; similarly, a customer leaving the program will make interest earnings at a Turkish Lira ON interest rate of 24%.
Similar to the deposit interest rate application, if they leave the program, our customers who benefit from the ON Plus credit may not have cash back for their credits in the month following their leave.
Burgan Bank A.Ş. reserves the right to terminate the ON Plus program features or make changes in the program conditions.
If a spending or an invoice payment is cancelled or refunded, then the returned amount is deducted from your spending target. You should make an additional spending at an amount equal to the cancelled/refunded amount in order to reach your spending target. If there is a cancellation or refund this month, it is added to your target the following month. From within the program, you can keep track of the remaining amount to reach your spending target.
No, credits where you will have advantages within the scope of ON Plus will be determined by our Bank. Our customers will be able to view the credits for which ON Plus offers advantages under the “Credits” section within the “ON Mobile” application if they already utilize a loan.
Discounted interest rate refers to the discount rate to be applied at a rate determined by our Bank on the interest-bearing balance of installments to be paid by our customers for the credits they utilize.
Advantageous ON Plus interest rate refers to the privileged interest rate offered to those participating the ON Plus program in comparison to the current credit interest rates. This advantage is reflected as cash refund to our customers’ accounts.
The cash refund amount to be transferred to our customers’ accounts is calculated by applying the advantageous interest rate determined by our Bank on the interest balance of their credit installments.
The cash refund amount is transferred to their accounts on the credit installment date.
The cash refund for our ON Plus program customers’ credits that will be transferred to their accounts may be used by the customers as they wish. Our customers may make their credit repayments by adding the missing amount on top of the cash refund amount. On the other hand, our customers may also choose to benefit from the cash refund amount in their daily expenditures.
For all credits within the scope of ON Plus program, the refund to be obtained in line with the discount rates determined by our Bank is limited to the amount corresponding to this rate. There is no limit on the number of credits for which our customers may benefit from advantages.
You will start to benefit from the ON Plus interest rate when you enter the program, and your interest rate will be displayed in your account the next business day.