Savings Account
An Egyptian pound tiered savings account from Export Development Bank of Egypt offering annual returns of up to 17%, calculated and paid monthly.
- Interest rate
- 11% – 17%
- Min. opening deposit
- EGP 250K
- Monthly fee
- EGP 0
Banky Analysis
Suits you if
- Grow my savings the most
- Net yield after fees higher than average
- I want an account with banking features
- More banking features than average
Not for you if
- 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
- 11%
- Max rate
- 17%
- Payout
- Compounded monthly
- EGP 250,000 – EGP 1,000,00011%
- EGP 1,000,001 – EGP 2,000,00013%
- ≥ EGP 2,000,00117%
Balance & withdrawals
- Min opening deposit
- EGP 250,000
- Min balance for interest
- EGP 250,000
- Overdraft allowed
- No
Fees
- Opening fee
- EGP 100
- Monthly fee
- EGP 0
- Quarterly fee
- EGP 100
- Below-minimum fee
- EGP 50
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
Our take
Pros
- Accounts can be opened for individuals of various ages, including minors.
Cons
- The minimum balance requirement of EGP 250,000 for account opening and interest eligibility makes it less accessible to customers with limited savings.
Our take
The Tiered Savings Account from Export Development Bank of Egypt offers customers an opportunity to grow their Egyptian pound savings with annual returns of up to 17%, calculated and paid monthly. The tiered structure links returns to account balances, while eligibility across all age groups, including minors, makes the account suitable for individuals saving for themselves or their children.
An Egyptian pound tiered savings account from Export Development Bank of Egypt offering annual returns of up to 17%, calculated and paid monthly.
Compare
| Savings Account Export Development Bank of Egypt This one | Super Daily Plus Savings Account bank nxt | MID Prime Saving Account MID BANK | Mega Saving Account banque du caire |
|---|---|---|---|
| Interest rate | |||
| 11% – 17% | 11% – 15.25% | 11% – 17.75% | 11% – 18.5% |
| Min. opening deposit | |||
| EGP 250K | EGP 5,000 | EGP 5,000 | EGP 5,000 |
| Monthly fee | |||
| EGP 0 | EGP 100 | EGP 0 | EGP 0 |
Added Tuesday 18 August 2026 - 03:04 PM Updated Tuesday 27 October 2026 - 11:58 AM