Bank NXT offers a range of savings certificates in Egyptian pounds and US dollars, with tenors of up to 5 years and multiple payout options, including fixed and floating rates, so customers can choose the certificate that suits their savings needs.

Bank NXT's savings certificates include 3-year, 4-year and 5-year certificates in EGP, as well as USD certificates with 3- and 5-year tenors.

First: EGP savings certificates

4-year fixed-rate savings certificate

Certificate details:

  • Tenor: 4 years.

  • Currency: EGP.

  • Minimum: EGP 1,000 and multiples thereof.

  • Loans against the certificate of up to 95% of its value.

  • Early redemption possible after 6 months, under the bank's rules.

Annual interest rates:

  • 18% with monthly payout.

  • 18.25% with quarterly payout.

  • 18.50% with semi-annual payout.

  • 18.75% with annual payout.

NXT EDGE 3-year floating-rate certificate

Certificate details:

  • Eligibility: natural persons.

  • Tenor: 3 years.

  • Minimum: EGP 50,000, in multiples of EGP 1,000.

  • Loans against the certificate, subject to the bank's terms.

  • Early redemption possible 6 months after the issue date.

Annual floating interest rates:

  • 19.5% with monthly payout, equal to the CBE's announced deposit rate plus 0.5%.

  • 20% with quarterly payout, equal to the CBE's announced deposit rate plus 1%.

  • Guaranteed minimum interest rate: 17.75%.

Tharwa Plus floating-rate certificate

Certificate details:

  • Available to individuals only.

  • Tenor: 3 years.

  • Minimum: EGP 10,000, in multiples of EGP 1,000.

  • Loans against the certificate of up to 95% of its face value.

  • Early redemption possible after 6 months, under the bank's rules.

Annual interest rates:

  • 18.75% with interest credited daily.

  • 18.85% with interest credited monthly.

  • 19% with interest credited quarterly.

3-year fixed-rate savings certificates

Certificate details:

  • Tenor: 3 years.

  • Currency: EGP.

  • Minimum: EGP 1,000 and multiples thereof.

  • Loans against the certificate of up to 95% of its face value.

  • Early redemption possible after 6 months, under the bank's rules.

Annual fixed interest rates:

  • 18% with monthly payout.

  • 18.25% with quarterly payout.

  • 18.35% with semi-annual payout.

  • 18.50% with annual payout.

5-year fixed-rate savings certificates

Certificate details:

  • Available to individuals only.

  • Tenor: 5 years.

  • Minimum: EGP 1,000 and multiples thereof, with no maximum.

  • Loans against the certificate of up to 95% of its face value.

  • Early redemption possible after 6 months, under the bank's rules.

Annual fixed interest rates:

  • 12.25% with monthly payout.

  • 12.50% with quarterly payout.

  • 12.75% with annual payout.

Second: USD savings certificates

3-year fixed-rate USD certificate

Certificate details:

  • Available to individuals and legal entities.

  • Currency: USD.

  • Tenor: 3 years.

  • The interest rate is fixed for the full tenor, under the certificate's terms.

Annual fixed interest rates:

  • 4.15% with monthly payout.

  • 4.20% with quarterly payout.

  • 4.25% with semi-annual payout.

  • 4.30% with annual payout.

5-year fixed-rate USD certificate

Certificate details:

  • Available to individuals and legal entities.

  • Currency: USD.

  • Tenor: 5 years.

  • Interest type: fixed.

Annual fixed interest rates:

  • 2.25% with monthly payout.

  • 2.25% with quarterly payout.

  • 2.25% with semi-annual payout.

  • 2.25% with annual payout.