AlexBank Platinum Mastercard Credit Card

Alex Bank · Credit cards · Egyptian Pound · 4.5 · Friday 03 July 2026 - 12:49 AM

Annual fee: EGP 400
Rewards: 10% cashback
Effective APR: 30.6%

Banky Analysis

Evaluated per usage pattern

A card's value depends on how you use it, so no single rating is honest for everyone

Suits you if

I pay my card off in full
- Has a rewards programme
I carry a balance month to month
- Purchase APR lower than average
I want to avoid card fees
- Annual fee lower than average
I want the most cashback
- Offers cashback

Not for you if

I want a card that is easy to get
- Minimum credit limit higher than average

Annual fee EGP 400 Below the median of 37 Platinum cards (EGP 600)
Effective APR 30.6% Below the median of 34 Platinum cards (60.1%)

What it actually costs you

Clearing it in full before the due date, your cost is EGP 400 a year — no interest.

All of this is measured against premium cards in EGP only

Last checked Monday 02 November 2026 - 04:00 PM

Card & limits

Contactless Apple Pay

Credit limit: EGP 100,000 – EGP 249,999

Interest & fees

Effective annual rate (APR): 30.6% (2.25% /mo)
Nominal APR: 27%
Grace period: 56 days
Annual fee: EGP 400
Fee waivable: No
Issuance fee: EGP 650
Supplementary card fee/yr: EGP 650
Min payment (%): 5%
Min payment (fixed): EGP 100

Cash advance

Cash advance APR (effective): 42.58% (3% /mo)
Cash advance APR (nominal): 36%

Rewards & benefits

Lounge access

Cashback rate: 10%

Eligibility

Min age: 21
Max age: 65
Approved employer: No
Required documents: National ID Copy

Do the maths

AlexBank Platinum Mastercard Credit Card

Find the card tiers you qualify for and an estimated credit limit.

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Results are estimates for guidance only and may differ from a bank's actual offer.

Our take 4.5

4.5 Banky rating

Pros

It offers cash withdrawals of up to 100% of the credit limit, insurance coverage and full protection on purchases, plus earning 3 points for every pound.

Cons

It requires a high credit limit (starting from 100,000 pounds), which makes the eligibility conditions harder for some people.

Our take

The Alexandria Bank platinum card offers a strong mix of flexibility and perks, with a high credit limit and a decent grace period, plus points, shopping, and travel benefits that make it a good choice for the middle and upper class. It's a solid, all-around card, though its cost might be higher compared to some alternatives.

Compare

Alternatives at a glance
AlexBank Platinum Mastercard Credit Card Alex Bank This one	NBE Platinum Visa Credit Card National Bank of Egypt	Visa Platinum Credit Card SUEZ CANAL BANK	Platinum Credit Card saib bank
Annual fee
EGP 400	EGP 500	EGP 600	EGP 650
Rewards
10% cashback	Rewards points	Rewards points	Rewards points
Effective APR
30.6%	51.11%	55.55%	59.92%

Compare with 3 similar credit cards

Added Thursday 02 July 2026 - 01:56 AM Updated Wednesday 28 October 2026 - 10:56 PM