The day-to-day account from Al-Mashriq New — Mashreq Egypt | Banky

Editor-in-Chief Mohamed Salah

ع

Editor-in-Chief Mohamed Salah

BANKY NOW 2 Nov 2026
  • Central Bank of Egypt
  • 🇺🇸 USD Buy 55.37 Sell 55.51 −0.35 −0.63%
  • 🇪🇺 EUR Buy 62.05 Sell 62.22 −0.13 −0.21%
  • 🇬🇧 GBP Buy 74.26 Sell 74.45 −0.36 −0.48%
  • 🇸🇦 SAR Buy 14.75 Sell 14.79 −0.09 −0.63%
  • 🇦🇪 AED Buy 15.07 Sell 15.11 −0.09 −0.62%
  • 🇰🇼 KWD Buy 179.65 Sell 180.15 −1.14 −0.63%
  • 24 Karat 7,040.00 +25.00 +0.36%
  • 21 Karat 6,160.00 +20.00 +0.33%
  • 18 Karat 5,280.00 +15.00 +0.28%
  • Gold Pound 49,280.00 +160.00 +0.33%
  • Ounce 218,970.00 +710.00 +0.33%

The day-to-day account from Al-Mashriq New

Mashreq Egypt · Savings · Egyptian Pound · 4.0 · Tuesday 18 August 2026 - 12:31 PM
Interest rate
15%
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
15%
Payout
Daily
Rate tiers
  1. EGP 5,000 – EGP 49,999
    9%
  2. EGP 50,000 – EGP 499,000
    10.5%
  3. EGP 500,000 – EGP 1,000,000
    15%

Balance & withdrawals

Min opening deposit
EGP 0
Min balance for interest
EGP 5,000
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

The day-to-day account from Al-Mashriq New

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 4.0

4.0 Banky rating

Pros

  • Daily interest payout: Adding interest to your account every day instead of monthly, giving you a steady cash flow and high liquidity.
  • Open a free account easily: You can open the account digitally with no opening fees and no minimum starting balance.

Cons

  • Lower interest rate compared to a regular savings account: the maximum interest reaches 15% (compared to 16% in a regular account), and it starts at just 9% for the first tiers (from 5,000 to 49,999 EGP), which makes the return lower for small and medium balances.

Our take

The e&Mashreq NEO Day-by-Day account offers a flexible savings option that focuses on instant liquidity and quick returns, giving the customer a daily interest added to their cash balance with no account opening fees or minimum balance required.

Compare

Alternatives at a glance
The day-to-day account from Al-Mashriq New Mashreq Egypt This one Wafa Premium Account Attijariwafa bank Egypt star the united bank Annually Saving Plus Account bank nxt
Interest rate
15% 9% – 17.75% 10% – 13.25% 8%
Min. opening deposit
EGP 0 EGP 20K EGP 100K EGP 5,000
Monthly fee
EGP 0 EGP 50 EGP 40 EGP 100
Compare with 3 similar savings

Added Tuesday 18 August 2026 - 12:22 PM Updated Monday 26 October 2026 - 12:45 AM