Royal Savings Account — Housing and Development 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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Royal Savings Account

Housing and Development Bank · Savings · Egyptian Pound · 4.0 · Monday 20 July 2026 - 04:45 PM

A premium savings account offering up to 17% annual returns credited monthly, with interest eligibility starting from a balance of EGP 250,000.

Interest rate
8% – 17%
Min. opening deposit
EGP 250K
Monthly fee
EGP 0

Banky Analysis

Suits you if

  • I want an account with banking features
    • More banking features than average

Not for you if

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

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
8%
Max rate
17%
Payout
Compounded monthly
Rate tiers
  1. EGP 250,000 – EGP 499,999
    8%
  2. EGP 500,000 – EGP 999,999
    12%
  3. EGP 1,000,000 – EGP 1,999,999
    14%
  4. EGP 2,000,000 – EGP 4,999,999
    15%
  5. EGP 5,000,000 – EGP 19,999,999
    16%
  6. ≥ EGP 20,000,000
    17%

Balance & withdrawals

Min opening deposit
EGP 250,000
Min balance for interest
EGP 250,000
Overdraft allowed
No

Fees

Opening fee
EGP 150
Monthly fee
EGP 0
Quarterly fee
EGP 80
Below-minimum fee
EGP 60

Features & requirements

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

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Royal Savings Account

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 4.0

4.0 Banky rating

Pros

  • The return is calculated based on the lowest balance during the month and credited to the account monthly.

Cons

  • The minimum threshold for calculating the return is high.

Our take

Housing & Development Bank's Royal Savings Account is well-suited for high-net-worth customers seeking competitive returns while maintaining the flexibility of a savings account. The account offers returns of up to 17%, credited monthly, with interest calculated on the lowest monthly balance and a minimum balance of EGP 250,000 to earn interest.

A premium savings account offering up to 17% annual returns credited monthly, with interest eligibility starting from a balance of EGP 250,000.

Compare

Alternatives at a glance
Royal Savings Account Housing and Development Bank This one Annually Saving Plus Account bank nxt Saving Account National Bank of Egypt Wafa Premium Account Attijariwafa bank Egypt
Interest rate
8% – 17% 8% 7.5% – 11.5% 9% – 17.75%
Min. opening deposit
EGP 250K EGP 5,000 EGP 5,000 EGP 20K
Monthly fee
EGP 0 EGP 100 EGP 30 EGP 50
Compare with 3 similar savings

Added Monday 20 July 2026 - 04:37 PM Updated Thursday 22 October 2026 - 02:34 AM