Day-to-day savings account
The "Day-by-Day" savings account is suitable for customers with high balances who wish to benefit from a tiered return.
- Interest rate
- 14.75%
- Min. opening deposit
- EGP 5,000
- Monthly fee
- EGP 0
Banky Analysis
4.7/5
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
- 14.75%
- Max rate
- 14.75%
- Payout
- Daily
Balance & withdrawals
- Min opening deposit
- EGP 5,000
- Min balance for interest
- EGP 100,000
- Overdraft allowed
- No
Fees
- Opening fee
- EGP 100
- Monthly fee
- EGP 0
- Quarterly fee
- EGP 75
- 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
- Daily balance calculation: Interest is calculated based on the daily closing balance.
- Debit card: Customers receive a debit card that enables them to perform banking transactions at any time
- Available to Egyptians and residents: The account is available to Egyptian customers and foreign residents in Egypt aged 21 and above
Cons
- High minimum balance for earning interest: Although the account can be opened with EGP 5,000, interest is calculated only from a minimum balance of EGP 100,000.
- Higher rates require higher balances: Customers need to maintain larger balances to benefit from the highest applicable rates, meaning not all customers can earn the 14.75% rate.
Our take
The “Day by Day” Savings Account is particularly suitable for customers who maintain higher balances and seek a progressive return based on their daily closing balance. However, the EGP 100,000 minimum balance required to earn interest and the tier-based return structure should be considered before opening the account.
The "Day-by-Day" savings account is suitable for customers with high balances who wish to benefit from a tiered return.
Compare
| Day-to-day savings account bank abc This one | Ahlan Digital Account Credit Agricole Egypt | Monthly Saving Plus account bank nxt | Sitara Plus Savings Account saib bank |
|---|---|---|---|
| Interest rate | |||
| 14.75% | 15.75% | 13% – 18% | 12.5% – 15.75% |
| Min. opening deposit | |||
| EGP 5,000 | EGP 500 | EGP 5,000 | EGP 20K |
| Monthly fee | |||
| EGP 0 | EGP 60 | EGP 100 | EGP 40 |
Added Monday 24 August 2026 - 03:26 PM Updated Wednesday 14 October 2026 - 12:39 AM