Weekly Deposit — SUEZ CANAL BANK | Banky

Editor-in-Chief Mohamed Salah

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Editor-in-Chief Mohamed Salah

BANKY NOW 3 Nov 2026
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Weekly Deposit

SUEZ CANAL BANK · Deposits · Egyptian Pound · 3.0 · Sunday 23 August 2026 - 02:25 PM

A weekly deposit offering a return of up to 8.75%, payable at maturity, with a minimum deposit of EGP 2,000 and the option to transfer the return to a current or savings account or reinvest it in the deposit.

Annual yield
8.75%
As the bank announces it: 8.75% a year
Term
7 days
Min. deposit
EGP 2,000
Payout
At maturity

Banky Analysis

Suits you if

  • I want a predictable return
    • Fixed, unchanging return

Not for you if

  • I need monthly income
    • Pays out less frequently
  • Grow my savings the most
    • Yield higher than average for this term
  • Keep my money reachable
    • Shorter lock-in
  • I may need to break early

What's good

  • Shorter lock-in

All of this is measured against products of up to 1 month in EGP only

Last checked Monday 02 November 2026 - 04:01 PM

Returns

Rate type
Fixed
Payout
At Maturity
Yield by payout
At maturity
Rate tiers
  1. ≥ EGP 2,000 7 days
    8.75%
    As the bank announces it: 8.75% a year

Amount & term

Deposit type
Time Deposit
Term
7 days
Min deposit
EGP 2,000
Negotiable
No

Withdrawal & renewal

Early withdrawal
No
Auto-renew
No
Renewal rate type
Prevailing
Usable as collateral
No
Available online
Yes
Branch visit required
Yes

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Weekly Deposit

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

Our take 3.0

3.0 Banky rating

Pros

  • Low minimum starting at 2,000 pounds
  • The return can be added to your current/savings account or to the deposit, based on your request.

Cons

  • Low interest rate compared to other alternatives

Our take

The Weekly Deposit from Suez Canal Bank offers a short-term savings option with a return of up to 8.75%, payable at maturity, and a minimum deposit of EGP 2,000. This low entry threshold makes it accessible to customers looking to invest smaller amounts over a short period. At maturity, customers can choose to transfer the return to a current or savings account or add it to the deposit. However, the short tenor requires frequent renewal or reinvestment decisions, and the maturity-based payout does not provide a continuous income stream.

A weekly deposit offering a return of up to 8.75%, payable at maturity, with a minimum deposit of EGP 2,000 and the option to transfer the return to a current or savings account or reinvest it in the deposit.

Compare

Alternatives at a glance
Weekly Deposit SUEZ CANAL BANK This one Digital weekly deposit QNB EGYPT الوديعة سنتين CIB Egypt 3-month fixed deposits National Bank of Kuwait Egypt
Annual yield
8.75% 9.5% 10% – 12% 6.5%
Term
7 days 7 days 2 yrs 3 mo
Min. deposit
EGP 2,000 EGP 100K EGP 5,000 EGP 5,000
Payout
At maturity At maturity Monthly At maturity
Compare with 3 similar deposits

Added Sunday 23 August 2026 - 02:23 PM Updated Tuesday 27 October 2026 - 12:30 AM