Public and private banks have announced their current promotion campaigns for retirees who transfer their retirement pensions in February. Retirees who commit to receiving their retirement benefits from the same bank for 3 years can benefit not only from the promotion but also from additional campaigns offered by banks. SSK, Retirement Fund, and Bağ-Kur retirees are researching the most cost-effective banks to transfer their pensions. The amount of promotions banks will pay varies according to the retired monthly pension. Promotions paid to 4A, 4B, and 4C retirees exceed 20,000 Turkish Lira. Here are the retirement bank promotions for February 2025…After the 15.75% increase in retirement benefits in January, banks updated their promotion payments. The Social Security Institution (SGK) and banks are expected to make new contacts to determine the ceilings and floors of promotion payments, and the current promotion amounts were announced in February. TEB, ING Bank, Akbank, Garanti, İş Bankası, Ziraat Bankası, Vakıfbank, Halkbank, Yapı Kredi, QNB Finansbank and Denizbank announced their promotion amounts. Retirees who have previously transferred their pensions and benefited from promotions can cancel their commitment by returning the remaining amount outside of the received pension months if they wish to transfer their pension again. Here are the banks offering the highest retirement promotions…State and private banks updated their promotion campaigns after the increase in retirement benefits in January. Many banks set the application deadline for their promotion campaigns at the end of February. SSK, Retirement Fund, and Bağ-kur retirees who want to transfer their pensions can do so through bank branches, phone banking, or mobile banking. SGK retirees who transfer their pensions to VakıfBank are eligible for payments up to 24,000 Turkish Lira! In addition to a promotion of up to 12,000 Turkish Lira, SGK retirees who transfer their pensions to VakıfBank can also benefit from a cash payment of up to 1,000 Turkish Lira per month, totaling 12,000 Turkish Lira within 12 months, with VakıfBank Troy Retiree Credit Card and Troy Retiree Debit Card purchases. In addition to the current 12,000 Turkish Lira cash promotion, SGK retirees who become VakıfBank New Retiree Salary Customers by receiving the VakıfBank Retiree Troy-branded Debit Card and VakıfBank Retiree Troy-branded Credit Card will be eligible for cash payments of up to 500 Turkish Lira per month based on the card used (separately for Bank card and Credit Card), totaling 6,000 Turkish Lira annually; when both cards are used, they can receive a maximum of 1,000 Turkish Lira per month and up to 12,000 Turkish Lira annually in cash payments.”Our customers who receive their retirement benefits through our Bank can apply to benefit from the promotion payment as long as they commit to receiving their pension payments through our Bank for three years.” statements were used. Ziraat Bank offers promotion payments of up to 12,000 Turkish Lira to customers. All SGK retirees who commit to receiving their retirement benefits through the Bank for 3 years are eligible to benefit from promotion payments of up to 12,000 Turkish Lira. Those receiving between 10,000 and 15,000 Turkish Lira can benefit from an 8,000 Turkish Lira promotion, those receiving between 15,000 and 20,000 Turkish Lira can benefit from a 10,000 Turkish Lira promotion, and those receiving over 20,000 Turkish Lira can benefit from a 12,000 Turkish Lira promotion campaign. SGK retirees who transfer their pensions to İş Bankası commit to receiving their retirement benefits through İş Bankası for 3 years and will receive a promotion payment after the retirement pension to be transferred to the İş Bankası account. SGK retirees who transfer their pensions to İş Bankası commit to receiving their retirement benefits through İş Bankası for 3 years and will receive a promotion payment after the retirement pension to be transferred to the İş Bankası account. Those receiving between 0 and 9,999 TL will receive 5,000 TL, those receiving between 10,000 TL and 14,999 TL will receive 8,000 TL, those receiving between 15,000 TL and 19,999 TL will receive 10,000. TL, and those receiving over 20,000 TL will receive 12,000 TL. Garanti BBVA offers cash promotion advantages of 6,250 TL to retirees with retirement pensions up to 10,000 TL, 10,000 TL to 15,000 TL, 12,500TL to 20,000 TL, and 15,000 TL to retirees with pensions over 20,000 TL. SSK, Bağkur, or Retirement Fund retirees who transfer their retirement pensions to Akbank between November 01 – November 30, 2024, and commit to receiving their pensions from Akbank for 3 years will be eligible for promotion payments of up to 15,000 TL. In addition, during the campaign period, Akbank will offer automatic payment instructions for the first 5 new bill payments from Akbank Demand Deposit Account or for SGK retirees holding Axess/Wings credit cards, with chip-para rewards of 500 TL per invoice, totaling 2,500 TL, in addition to the 15,000 TL cash award. Customers who commit to receiving their SGK retirement benefits from Yapı Kredi for three years between January 1, 2025, and January 31, 2025, can benefit from cash promotions of up to 20,000 TL. Offering cash promotions of up to 15,000 TL and up to 1,200 TL discount from the QNB Retiree credit card, totaling up to 16,200 TL in retirement benefits. Those who receive their retirement benefits from DenizBank can benefit from cash promotions of up to 20,000 TL and numerous exclusive benefits for retirees. By transferring their SSK (SSK, Bağ-Kur, and Retirement Fund) retirees can earn cash promotions up to 15,000 TL unconditionally, based on the amount of their pensions. In addition, by benefiting from Automatic Bill Payment Instructions of up to 3,000 TL and additional cash promotions through the Orange Account Campaign, they can earn up to 20,000 TL in cash promotions. New retirees and those who retired under the EYT law can also benefit from retirement pension promotions.