Variable certificate — the united bank | Banky

Editor-in-Chief Mohamed Salah

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Editor-in-Chief Mohamed Salah

BANKY NOW 2 Nov 2026
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Variable certificate

the united bank · Certificates · Egyptian Pound · 4.5 · Thursday 08 October 2026 - 04:31 PM

A variable-rate certificate linked directly to central bank benchmark rates, currently 20% to 20.5%.

Current yield · variable
20% – 20.5%
Term
3 yrs
Min. deposit
EGP 5,000
Payout
Daily 20% · Monthly 20.5%

Banky Analysis

Suits you if

  • I need monthly income
    • Several payout options
  • Grow my savings the most
    • Yield higher than average for this term
  • Keep my money reachable
    • Several payout options

Not for you if

  • I want a predictable return
    • The return is variable

All of this is measured against products of 25–36 months in EGP only

Last checked Monday 02 November 2026 - 04:02 PM

Returns

Yield type
Floating
Payout
Multiple
Yield by payout
Daily 20% · Monthly 20.5%
Rate tiers
  1. Any amount Daily
    20%
  2. Any amount Compounded monthly
    20.5%

Amount & term

Term
3 yrs
Min deposit
EGP 5,000

Withdrawal & renewal

Early withdrawal
Yes
Auto-renew
Yes
Renewal term
3 yrs
Available online
Yes
Branch visit required
Yes
National ID required
Yes

Do the maths

Variable certificate

Compute the total return and profit on a savings certificate, by payout.

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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

  • Very high current yield that automatically adjusts upwards with market rate hikes.

Cons

  • Unpredictable income that decreases immediately if official rates are cut.

Our take

This certificate is an ideal choice for investors who anticipate interest rates to rise or remain elevated, as it allows them to maximize returns and immediately capitalize on any tightening by the central bank. However, it carries the risk of income volatility, making it less suitable for individuals relying on a predictable, fixed cash flow to cover specific financial obligations, particularly during potential rate-cutting cycles.

A variable-rate certificate linked directly to central bank benchmark rates, currently 20% to 20.5%.

Compare

Alternatives at a glance
Variable certificate the united bank This one saib prime certificate saib bank infinity certificate SUEZ CANAL BANK Variable certificate QNB EGYPT
Current yield · variable
20% – 20.5% 20% – 20.5% 20% Current annual yield · variable20% – 20.5%
Term
3 yrs 3 yrs 3 yrs 3 yrs
Min. deposit
EGP 5,000 EGP 1,000 EGP 5M EGP 1,000
Payout
Daily 20% · Monthly 20.5% Daily 20% · Monthly 20.5% Daily Monthly 20.5% · Quarterly 20%
Compare with 3 similar certificates

Added Tuesday 14 July 2026 - 09:56 AM Updated Friday 30 October 2026 - 01:32 PM