Elevate Account — Kuwait Finance House Egypt | Banky

Editor-in-Chief Mohamed Salah

ع

Editor-in-Chief Mohamed Salah

BANKY NOW 2 Nov 2026
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Islamic

Elevate Account

Kuwait Finance House Egypt · Savings · Islamic · Egyptian Pound · 5.0 · Tuesday 18 August 2026 - 09:13 PM

A savings account offering a competitive expected return of up to 18%, with flexible and easy access to your savings.

Interest rate
10.5% – 18%
Min. opening deposit
EGP 5,000
Monthly fee
EGP 0

Returns

Interest type
Floating
Base rate
10.5%
Max rate
18%
Payout
Daily
Rate tiers
  1. EGP 100,000 – EGP 999,999
    10.5%
  2. EGP 1,000,000 – EGP 4,999,999
    12.25%
  3. EGP 5,000,000 – EGP 9,999,999
    13.5%
  4. EGP 10,000,000 – EGP 29,999,999
    14.5%
  5. EGP 30,000,000 – EGP 49,999,999
    15.25%
  6. EGP 50,000,000 – EGP 99,999,999
    17.5%
  7. ≥ EGP 100,000,000
    18%

Balance & withdrawals

Min opening deposit
EGP 5,000
Min balance for interest
EGP 100,000
Overdraft allowed
No

Fees

Opening fee
EGP 150
Monthly fee
EGP 0
Quarterly fee
EGP 175
Below-minimum fee
EGP 75

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

Elevate Account

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 5.0

5.0 Banky rating

Pros

  • Free electronic account statement
  • Easy and secure access to your savings with a debit card

Cons

  • The minimum balance required to calculate the expected return is EGP 100,000

Our take

This account offers a competitive expected return of up to 18%, depending on the deposit amount. The expected return is calculated daily based on the account’s daily closing balance and credited daily. The account provides flexible and secure access to savings through a debit card, along with a free electronic account statement. The minimum opening balance is EGP 5,000, while the minimum balance required to earn the expected return is EGP 100,000. The account is available to individuals only and is denominated in Egyptian Pounds. Expected returns on deposits and transfers are calculated starting from the next working day following the date of deposit or transfer.

A savings account offering a competitive expected return of up to 18%, with flexible and easy access to your savings.

Compare

Alternatives at a glance
Elevate Account Kuwait Finance House Egypt This one Gold Investment Account Kuwait Finance House Egypt I- Save account Al Baraka Bank Egypt Free Investment Faisal Islamic Bank-Egypt
Interest rate
10.5% – 18% 10.5% – 13.5% 12% 4.8%
Min. opening deposit
EGP 5,000 EGP 500K EGP 3,000 EGP 5,000
Monthly fee
EGP 0 EGP 0 EGP 40 EGP 0
Compare with 3 similar savings

Added Monday 18 May 2026 - 02:57 PM Updated Monday 19 October 2026 - 02:17 PM