Al Mashreq New Savings Account with the Highest Interest — Mashreq Egypt | Banky

Editor-in-Chief Mohamed Salah

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Editor-in-Chief Mohamed Salah

BANKY NOW 2 Nov 2026
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Al Mashreq New Savings Account with the Highest Interest

Mashreq Egypt · Savings · Egyptian Pound · 4.5 · Tuesday 18 August 2026 - 11:38 AM
Interest rate
18%
Min. opening deposit
EGP 0
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

  • No maintenance fees

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
18%
Payout
Compounded monthly
Rate tiers
  1. EGP 50,000 – EGP 249,999
    13%
  2. EGP 250,000 – EGP 749,999
    15%
  3. EGP 750,000 – EGP 1,000,000
    18%

Balance & withdrawals

Min opening deposit
EGP 0
Min balance for interest
EGP 50,000
Overdraft allowed
No

Fees

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

Features & requirements

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

Do the maths

Al Mashreq New Savings Account with the Highest Interest

See how regular monthly deposits grow your balance over time.

Enter values to see the result.

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

Our take 4.5

4.5 Banky rating

Pros

  • Completely free electronic opening with no minimum or administrative fees, with a progressive monthly return of up to 18%.

Cons

  • Interest is only calculated starting from a balance of 50,000 pounds, and it's calculated on the lowest balance during the month, not the average.

Our take

The 'Highest Interest' savings account from Mashreq Neo is an excellent option for instant online opening with no fees or minimum balance, and interest is paid monthly on the lowest balance during the month. However, the downside is that interest is only calculated from an amount of 50,000 EGP, and the return is tiered, starting at 13% for the lower amounts up to 18% for larger amounts.

Compare

Alternatives at a glance
Al Mashreq New Savings Account with the Highest Interest Mashreq Egypt This one Monthly Saving Plus account bank nxt Sitara Plus Savings Account saib bank Bedya account SUEZ CANAL BANK
Interest rate
18% 13% – 18% 12.5% – 15.75% 11.75%
Min. opening deposit
EGP 0 EGP 5,000 EGP 20K EGP 0
Monthly fee
EGP 0 EGP 100 EGP 40 EGP 10
Compare with 3 similar savings

Added Tuesday 18 August 2026 - 11:19 AM Updated Monday 26 October 2026 - 12:50 AM