Banks operating in the Egyptian market offer a number of savings accounts with daily interest, which let customers earn a periodic return on their balances while still enjoying regular banking services. Interest rates and minimum opening balances vary according to each bank's terms and balance tiers. This comes as markets await the Central Bank of Egypt's Monetary Policy Committee meeting, scheduled for next Thursday, and any interest rate decisions it may produce. Kuwait Finance House (KFH) Egypt's “Beyzeed” account tops the daily-interest savings accounts, with a minimum opening balance of EGP 100,000 and a daily payout, while its profit rate ranges from 10.50% to 18% depending on the balance tier.

1. Beyzeed account from Kuwait Finance House (KFH) Egypt

  • Minimum to open the account: EGP 5,000.

  • Minimum balance to earn a return: EGP 100,000.

  • Payout frequency: daily.

  • Profit rate: from 10.50% to 18%.

2. EDGE savings account from Housing & Development Bank (HDB)

  • Minimum to open the account: EGP 150,000.

  • Minimum balance to earn a return: EGP 150,000.

  • Payout frequency: daily.

  • Interest rate: from 11% to 16%.

3. Super savings account from Housing & Development Bank (HDB)

  • Minimum to open the account: EGP 100,000.

  • Minimum balance to earn a return: EGP 150,000.

  • Payout frequency: daily.

  • Interest rate: from 10% to 15.5%.

4. Super Plus savings account from Bank NXT

  • Minimum to open the account: EGP 5,000.

  • Minimum balance to earn a return: EGP 50,000.

  • Payout frequency: daily.

  • Interest rate: from 11% to 15.25%.

5. Daily Win account from Bank NXT

  • Minimum to open the account: EGP 10,000.

  • Minimum balance to earn a return: EGP 10,000.

  • Payout frequency: daily.

  • Interest rate: from 12% to 15%.

6. WellSavers account from Commercial International Bank (CIB)

  • Minimum to open the account: EGP 500,000.

  • Minimum balance to earn a return: EGP 500,000.

  • Payout frequency: daily.

  • Interest rate: from 8% to 15%.

7. Kol Yom Cash savings account from QNB Egypt

  • Minimum to open the account: EGP 350,000.

  • Minimum balance to earn a return: EGP 350,000.

  • Payout frequency: daily.

  • Interest rate: from 5.25% to 15%.

8. Mashreq Neo Day-by-Day account from Mashreq Bank Egypt

  • Minimum to open the account: no minimum.

  • Minimum balance to earn a return: EGP 5,000.

  • Payout frequency: daily

  • Interest rate: up to 15%.

9. Al Ghena Plus daily savings account from Abu Dhabi Islamic Bank – Egypt (ADIB Egypt)

  • Minimum to open the account: EGP 250,000.

  • Minimum balance to earn a return: EGP 250,000.

  • Payout frequency: daily.

  • Profit rate: from 4% to 14.50%.

10. Al Ghena daily savings account from Abu Dhabi Islamic Bank – Egypt (ADIB Egypt)

  • Minimum to open the account: EGP 250,000.

  • Minimum balance to earn a return: EGP 250,000.

  • Payout frequency: daily.

  • Profit rate: from 3% to 13.50%.