Heat oil n a large heavy-bottomed pot or dutch oven over medium-high heat.
Add oil and onions and cook for about 5 minutes or until onions are tender and translucent.
Add in ground turkey and cook until thoroughly cooked. Drain and return to pot.
Next add in garlic, cumin, chili powder, oregano, cayenne pepper, salt, and pepper stir.
Add in tomato sauce, chicken broth, kidney beans, and black beans.
Bring to a boil and then reduce the heat to a simmer for 30-45 minutes.
Adjust seasons to taste. Serve with toppings (optional).
Serve immediately.