Youth Savings Accounts — BANQUE MISR | Banky

Editor-in-Chief Mohamed Salah

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Editor-in-Chief Mohamed Salah

BANKY NOW 2 Nov 2026
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Youth Savings Accounts

BANQUE MISR · Savings · Egyptian Pound · 3.0 · Monday 20 July 2026 - 03:17 PM

A youth savings account for customers aged 15–30, offering free account opening from EGP 500 with competitive returns and tailored banking benefits.

Interest rate
10.5% – 11%
Min. opening deposit
EGP 500
Monthly fee
EGP 0

Banky Analysis

Suits you if

  • Grow my savings the most
    • Net yield after fees higher than average
  • I want to start with a small amount
  • I want an account with banking features
    • More banking features than average

What's good

  • Fees lower than average

All of this is measured against products in EGP only

Last checked Monday 02 November 2026 - 04:02 PM

Returns

Interest type
Fixed
Base rate
10.5%
Max rate
11%
Payout
Multiple
Rate tiers
  1. EGP 500 – EGP 20,000 Compounded monthly
    10.5%
  2. EGP 500 – EGP 20,000 Compounded quarterly
    10.75%
  3. EGP 500 – EGP 20,000 Compounded semi-annually
    10.88%
  4. EGP 500 – EGP 20,000 Compounded annually
    11%

Balance & withdrawals

Min opening deposit
EGP 500
Min balance for interest
EGP 500
Overdraft allowed
No

Fees

Opening fee
EGP 0
Monthly fee
EGP 0
Quarterly fee
EGP 20
Below-minimum fee
EGP 0

Features & requirements

Debit card
Yes
Online banking
Yes
Mobile banking
Yes
Joint account
No
Minor account
Yes
For women
No
For pensioners
No

Do the maths

Youth Savings Accounts

See how regular monthly deposits grow your balance over time.

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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

  • No account opening fees

Cons

  • The benefit is minimal compared to other alternatives.

Our take

Banque Misr's Youth Savings Account is an attractive choice for young savers looking to start building their savings with a low initial deposit. The account can be opened free of charge with a minimum balance of EGP 500 and offers the bank’s highest announced savings return on balances up to EGP 20,000, along with a range of banking and digital benefits tailored to customers aged 15 to 30.

A youth savings account for customers aged 15–30, offering free account opening from EGP 500 with competitive returns and tailored banking benefits.

Compare

Alternatives at a glance
Youth Savings Accounts BANQUE MISR This one Current Account 365 Days MID BANK star the united bank Super Daily Plus Savings Account bank nxt
Interest rate
10.5% – 11% 10.5% – 17% 10% – 13.25% 11% – 15.25%
Min. opening deposit
EGP 500 EGP 5,000 EGP 100K EGP 5,000
Monthly fee
EGP 0 EGP 0 EGP 40 EGP 100
Compare with 3 similar savings

Added Monday 20 July 2026 - 03:15 PM Updated Saturday 10 October 2026 - 02:45 PM