Everyday Savers — CIB Egypt | Banky

Editor-in-Chief Mohamed Salah

ع

Editor-in-Chief Mohamed Salah

BANKY NOW 3 Nov 2026
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Everyday Savers

CIB Egypt · Savings · Egyptian Pound · 4.0 · Wednesday 19 August 2026 - 01:21 PM

A flexible savings account offering daily interest and multiple banking benefits, becoming more attractive as the customer’s balance increases.

Interest rate
2% – 10%
Min. opening deposit
EGP 20K
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

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
2%
Max rate
10%
Payout
Daily
Rate tiers
  1. EGP 10,000 – EGP 50,000 myCIB
    2%
  2. EGP 10,000 – EGP 250,000 Prime
    2%
  3. ≥ EGP 100,000 Plus
    6%
  4. ≥ EGP 500,000 Wealth
    9%
  5. ≥ EGP 500,000 Exclusive Wealth
    9.5%
  6. ≥ EGP 1,000,000 Private Banking
    10%

Balance & withdrawals

Min opening deposit
EGP 20,000
Min balance for interest
EGP 10,000
Overdraft allowed
No

Fees

Opening fee
EGP 100
Monthly fee
EGP 0
Quarterly fee
EGP 120
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

Everyday Savers

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

  • Daily interest: Interest is calculated based on the daily closing balance and credited to the account daily.
  • Comprehensive banking benefits: Customers receive a debit card with BONUS points, along with access to online and mobile banking.

Cons

  • Lower rates for some segments

Our take

CIB’s Everyday Savers is a strong option for customers seeking daily interest combined with convenient account management and a range of banking benefits. It becomes particularly attractive for higher-balance customers, with rates reaching 10% for the Private segment.

A flexible savings account offering daily interest and multiple banking benefits, becoming more attractive as the customer’s balance increases.

Compare

Alternatives at a glance
Everyday Savers CIB Egypt This one saving account MID BANK Current account with monthly interest Emirates NBD AAIB Youth Arab African International Bank
Interest rate
2% – 10% 2.75% – 8.75% 1% – 6% Interest rate (Tiered)16%
Min. opening deposit
EGP 20K EGP 2,000 EGP 10K EGP 0
Monthly fee
EGP 0 EGP 0 EGP 0 EGP 10
Compare with 3 similar savings

Added Monday 18 May 2026 - 01:07 PM Updated Wednesday 26 August 2026 - 10:09 PM