Five-year variable-rate certificates of deposit
Variable-rate certificates are suitable for customers who want to benefit from changes in interest rates while maintaining a degree of flexibility, particularly with the option of full or partial redemption after six months and multiple interest payment frequencies. The 3-year certificates offer returns linked to the CBE deposit corridor rate, with an additional 0.50% for monthly payments and 1.00% for quarterly payments. The 5-year certificates are also linked to the deposit corridor rate, with
- Current yield · variable
- 19.25% – 19.75%
- Term
- 5 yrs
- Min. deposit
- EGP 1,000
- Payout
- Monthly 19.25% · Quarterly 19.5% · Semi-annual 19.75%
Banky Analysis
Suits you if
- I need monthly income
- Several payout options
- Grow my savings the most
- Yield higher than average for this term
- I want a predictable return
- Yield higher than average for this term
Not for you if
- Keep my money reachable
- Longer lock-in
All of this is measured against products of 37–60 months in EGP only
Last checked Monday 02 November 2026 - 04:02 PM
Returns
- Yield type
- Variable with Floor
- Payout
- Multiple
- Yield by payout
- Monthly 19.25% · Quarterly 19.5% · Semi-annual 19.75%
- ≥ EGP 1,00019.25%
- ≥ EGP 1,00019.5%
- ≥ EGP 1,00019.75%
Amount & term
- Term
- 5 yrs
- Min deposit
- EGP 1,000
Withdrawal & renewal
- Early withdrawal
- Yes
- Auto-renew
- Yes
- Renewal term
- Flexible
- Available online
- Yes
- Branch visit required
- No
- National ID required
- Yes
Do the maths
Our take
Pros
- Redemption flexibility: Full or partial redemption is available after 6 months.
- Access to financing: Customers can apply for loans or credit cards of up to 90% of the certificate’s value.
Cons
- Uncertain return: The return may decrease if the CBE deposit corridor rate declines
Our take
Variable-rate certificates are suitable for customers who want to benefit from changes in interest rates while maintaining a degree of flexibility, particularly with the option of full or partial redemption after six months and multiple interest payment frequencies. The 3-year certificates offer returns linked to the CBE deposit corridor rate, with an additional 0.50% for monthly payments and 1.00% for quarterly payments. The 5-year certificates are also linked to the deposit corridor rate, with different deductions depending on the payment frequency. However, the variable-rate structure means that returns may decline if interest rates fall. Overall, these certificates are more suitable for customers who prefer market-linked returns and redemption flexibility rather than a fixed return throughout the investment period.
Variable-rate certificates are suitable for customers who want to benefit from changes in interest rates while maintaining a degree of flexibility, particularly with the option of full or partial redemption after six months and multiple interest payment frequencies. The 3-year certificates offer returns linked to the CBE deposit corridor rate, with an additional 0.50% for monthly payments and 1.00% for quarterly payments. The 5-year certificates are also linked to the deposit corridor rate, with
Compare
| Five-year variable-rate certificates of deposit National Bank of Kuwait Egypt This one | Fixed certificate QNB EGYPT | 8-year savings certificates with variable interest rates Emirates NBD | saib prime certificate saib bank |
|---|---|---|---|
| Current yield · variable | |||
| 19.25% – 19.75% | 19.1% Current annual yield · variable | 19.75% Current annual yield · variable | 20% – 20.5% |
| Term | |||
| 5 yrs | 3 yrs | 8 yrs | 3 yrs |
| Min. deposit | |||
| EGP 1,000 | EGP 1,000 | EGP 5,000 | EGP 1,000 |
| Payout | |||
| Monthly 19.25% · Quarterly 19.5% · Semi-annual 19.75% | Monthly | Monthly | Daily 20% · Monthly 20.5% |
Added Wednesday 09 September 2026 - 10:05 AM Updated Friday 30 October 2026 - 06:19 PM