The National Bank of Egypt (NBE) offers a range of savings accounts to suit different customer needs, whether those who want to save money and earn a regular return, young people who want to start their savings journey, or pensioners looking for a suitable account to receive their payments.
NBE's savings accounts include the Savings account, the Al Ahly Extra Savings account, the Small Saver savings account, the Future savings account and the Pension savings account, each with its own minimum opening balance, interest calculation, interest rates and features.
First: NBE Savings account
Savings account details
Minimum opening balance: EGP 5,000.
Minimum balance to earn interest: EGP 10,001.
Who can open the account: Egyptians, foreigners and minors under guardianship, custodianship or gift.
Payout frequency: monthly, quarterly, semi-annual and annual.
Interest rates reach 11.30% monthly, 11.35% quarterly, 11.40% semi-annual and 11.50% annual, depending on the balance tier.
Savings account interest tiers
Up to EGP 10,000: no interest.
EGP 10,001 to EGP 100,000: 7.50% monthly, 7.55% quarterly, 7.60% semi-annual and 7.70% annual.
EGP 100,001 to EGP 500,000: 7.75% monthly, 7.85% quarterly, 7.90% semi-annual and 8% annual.
EGP 500,001 to EGP 2,000,000: 8.50% monthly, 8.60% quarterly, 8.75% semi-annual and 9% annual.
EGP 2,000,001 to EGP 5,000,000: 9.30% monthly, 9.35% quarterly, 9.40% semi-annual and 9.50% annual.
EGP 5,000,001 to EGP 10,000,000: 10.30% monthly, 10.35% quarterly, 10.40% semi-annual and 10.50% annual.
EGP 10,000,001 to EGP 20,000,000: 10.80% monthly, 10.85% quarterly, 10.90% semi-annual and 11% annual.
Above EGP 20,000,000: 11.30% monthly, 11.35% quarterly, 11.40% semi-annual and 11.50% annual.
Required documents
A copy of the national ID card or passport.
Birth certificate for minors.
Savings account features
Flexible choice of payout frequency.
Access to online banking services.
Option to open a joint account in the name of more than one person.
A debit card for withdrawals and purchases.
Exemption from the account-opening fee and minimum opening balance when opening the account through Al Ahly Net or Al Ahly Mobile, under the announced terms.
Second: Al Ahly Extra Savings account
Al Ahly Extra Savings account details
Minimum opening balance: EGP 20,000.
Minimum balance to earn interest: EGP 50,000.
Who can open the account: Egyptians, foreigners, adults and minors, under the governing terms.
Payout frequency: monthly and annual.
Interest rates reach 16% monthly and 17% annual, depending on the balance tier.
Al Ahly Extra Savings account interest tiers
EGP 50,000 to EGP 500,000: 12% monthly and 13% annual.
EGP 500,001 to EGP 2,000,000: 15% monthly and 16% annual.
Above EGP 2,000,000: 16% monthly and 17% annual.
Required documents
A copy of the national ID card or passport.
Birth certificate for minors.
Al Ahly Extra Savings account features
Option to buy savings certificates and deposits in local currency.
Interest calculated monthly on the lowest credit balance during the month and credited to the account according to the chosen payout frequency.
Access to banking transactions and services, including internet banking, transfers, salaries and pensions.
Credit cards can be issued on the account.
A debit card can be issued, following the standard procedures.
Exemption from the account-opening fee and minimum opening balance when opening the account through Al Ahly Net or Al Ahly Mobile, under the announced terms.
Third: Small Saver savings account
Small Saver savings account details
Minimum opening balance: EGP 1,000.
Minimum balance to earn interest: EGP 3,001.
Who can open the account: Egyptians and minors under guardianship, custodianship or gift.
Annual interest rate of up to 8.75%, depending on the balance tier.
Small Saver savings account interest tiers
Up to EGP 3,000: no interest.
EGP 3,001 to EGP 30,000: 8.75% annual.
EGP 30,001 to EGP 50,000: 7.75% annual.
EGP 50,001 to EGP 100,000: 7% annual.
Above EGP 100,000: 6.50% annual.
Required documents
A copy of the national ID card or passport.
Birth certificate for minors.
Small Saver savings account features
Option to open a joint account in the name of more than one person.
A preferential interest rate on balances of up to EGP 30,000.
Access to online banking services.
A debit card for withdrawals and purchases.
Exemption from the account-opening fee and minimum opening balance when opening the account through Al Ahly Net or Al Ahly Mobile, under the announced terms.
Fourth: Future savings account
Future savings account details
Minimum opening balance: none.
Minimum balance to earn interest: EGP 3,001.
Age group: customers aged 15 and over, with no upper age limit.
Payout frequency: monthly, quarterly, semi-annual and annual.
Interest rates reach 7.50% monthly, 7.60% quarterly, 7.65% semi-annual and 7.75% annual, depending on the balance tier.
Maximum account balance: EGP 1 million.
Maximum daily debit transactions: EGP 90,000.
Maximum monthly debit transactions: EGP 300,000.
Future savings account interest tiers
Up to EGP 3,000: no interest.
EGP 3,001 to EGP 100,000: 7.25% monthly, 7.30% quarterly, 7.35% semi-annual and 7.45% annual.
EGP 100,001 to EGP 1 million: 7.50% monthly, 7.60% quarterly, 7.65% semi-annual and 7.75% annual.
Required documents
A copy of the national ID card or passport, with simplified procedures under the bank's rules.
Future savings account features
Free life insurance for the customer, subject to terms and conditions.
Insurance cover starts from the month after the account is opened and is calculated on the lowest credit balance during the month, with a minimum of EGP 5,000 and a maximum insured amount of EGP 100,000.
The insurance payout is based on the lowest credit balance during the month before the date of death.
Insurance cover applies to customers aged 15 to 60, provided the customer is at least 15 and no older than 50 when the cover starts.
A Phone Cash wallet with no issuance or annual fees for one year from the wallet subscription date.
Option to buy Investment Certificates "A, B and C" debited from the account, with the certificate value and its interest credited back to it.
Interest is calculated monthly on the lowest credit balance during the month above EGP 3,000, and earnings are credited according to the payout frequency.
Account-opening fee: free.
Administrative fees: free.
Debit card issuance fee: free.
Access to online banking services.
A debit card for withdrawals and purchases.
A free e-statement through Al Ahly Net or Al Ahly Mobile.
Fifth: Pension savings account
Pension savings account details
Minimum opening balance: EGP 5,000.
Minimum balance to earn interest: EGP 1,000.
Who can open the account: Egyptians only.
Payout frequency: monthly.
Interest rate: 11.50%.
Required documents
A copy of the national ID card or passport.
A letter from the employer addressed to the bank stating the end-of-service gratuity amount.
Pension savings account features
The pension can be transferred to the account.
The account is opened up to a maximum of EGP 1 million or the value of the end-of-service gratuity, whichever is lower.
Access to online banking services.
A debit card for withdrawals and purchases.
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