Saving Account
A savings account offering an expected return of 5%, credited quarterly, with easy and secure access to savings
- Interest rate
- 5%
- Min. opening deposit
- EGP 5,000
- Monthly fee
- EGP 0
Returns
- Interest type
- Floating
- Base rate
- 5%
- Max rate
- 5%
- Payout
- Compounded quarterly
- ≥ EGP 5,0005%
Balance & withdrawals
- Min opening deposit
- EGP 5,000
- Min balance for interest
- EGP 0
- Overdraft allowed
- No
Fees
- Opening fee
- EGP 150
- Monthly fee
- EGP 0
- Quarterly fee
- EGP 175
- 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
- Easy and secure access to your savings with a debit card.
- Free electronic account statement
Cons
- The expected return is not calculated for the month of deposit or the month of withdrawal.
Our take
The Basic Savings Account is a suitable option for individuals looking to save while earning an expected return of 5%, calculated on the monthly minimum balance and credited quarterly. The account has a minimum opening balance of EGP 5,000, along with a free electronic account statement and easy, secure access to savings through a debit card, making it a simple and practical savings solution.
A savings account offering an expected return of 5%, credited quarterly, with easy and secure access to savings
Compare
| Saving Account Kuwait Finance House Egypt This one | Al Hassad Account Kuwait Finance House Egypt | Free Investment Faisal Islamic Bank-Egypt | Monthly Saving Account Al Baraka Bank Egypt |
|---|---|---|---|
| Interest rate | |||
| 5% | 5% | 4.8% | 6% – 16% |
| Min. opening deposit | |||
| EGP 5,000 | EGP 5,000 | EGP 5,000 | EGP 3,000 |
| Monthly fee | |||
| EGP 0 | EGP 0 | EGP 0 | EGP 40 |
Added Tuesday 19 May 2026 - 09:37 PM Updated Monday 19 October 2026 - 02:20 PM