The 2024 decision to approve the Presidential Annual Program also included changes regarding credit cards. According to the decision, installment purchases to be made with credit cards will be restricted in 2024.

The steps taken against inflation include the restriction of installment purchases made with credit cards. The details of the decision in the official gazette are not yet available.

These decisions on credit cards will be aimed at reducing consumption habits.

Although the details of the decision have not yet been announced, it can be interpreted that with this decision, the number of maturities in installment shopping will be reduced and the installment option will be removed in some categories.

Treasury and Finance Minister Mehmet Şimşek, who met with representatives of the business and finance world, said upon a question, "We are the only country in the world that applies installments to credit cards and these practices cause citizens to spend more than their income, this is not a good thing." Answer. He gave it.