saving account — MID BANK | Banky

Editor-in-Chief Mohamed Salah

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Editor-in-Chief Mohamed Salah

BANKY NOW 3 Nov 2026
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saving account

MID BANK · Savings · Egyptian Pound · 3.0 · Wednesday 19 August 2026 - 08:21 AM

Savings accounts with a minimum balance of EGP 5,000 and returns of up to 8.75% annually, offering flexible return payment options and deposits and withdrawals.

Interest rate
2.75% – 8.75%
Min. opening deposit
EGP 2,000
Monthly fee
EGP 0

Banky Analysis

Suits you if

  • I want to start with a small amount
  • I want an account with banking features
    • More banking features than average

Not for you if

  • Grow my savings the most
    • Net yield after fees lower than average

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
2.75%
Max rate
8.75%
Payout
Multiple
Rate tiers
  1. EGP 5,000 – EGP 100,000 Compounded monthly
    2.75%
  2. EGP 5,000 – EGP 100,000 Compounded quarterly
    3.25%
  3. EGP 5,000 – EGP 100,000 Compounded annually
    3.75%
  4. EGP 100,001 – EGP 250,000 Compounded monthly
    4.25%
  5. EGP 100,001 – EGP 250,000 Compounded quarterly
    5.25%
  6. EGP 100,001 – EGP 250,000 Compounded annually
    6.8%
  7. EGP 250,001 – EGP 500,000 Compounded monthly
    4.75%
  8. EGP 250,001 – EGP 500,000 Compounded quarterly
    5.75%
  9. EGP 250,001 – EGP 500,000 Compounded annually
    6.85%
  10. EGP 500,001 – EGP 1,000,000 Compounded monthly
    5%
  11. EGP 500,001 – EGP 1,000,000 Compounded quarterly
    6%
  12. EGP 500,001 – EGP 1,000,000 Compounded annually
    6.9%
  13. ≥ EGP 1,000,001 Compounded monthly
    5.75%
  14. ≥ EGP 1,000,001 Compounded quarterly
    6.75%
  15. ≥ EGP 1,000,001 Compounded annually
    8.75%

Balance & withdrawals

Min opening deposit
EGP 2,000
Min balance for interest
EGP 5,000
Overdraft allowed
No

Fees

Opening fee
EGP 100
Monthly fee
EGP 0
Quarterly fee
EGP 45
Below-minimum fee
EGP 30

Features & requirements

Debit card
Yes
Online banking
Yes
Mobile banking
Yes
Joint account
No
Minor account
No
For women
No
For pensioners
No

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saving 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 3.0

3.0 Banky rating

Pros

  • Debit card issuance is available
  • Standing instructions can be set up on the account

Cons

  • Checkbook issuance is not available

Our take

MIDBANK Savings Accounts offer flexible return payment options, with competitive returns of up to 8.75% annually and a minimum balance of EGP 5,000 to earn a return. Customers can also benefit from debit card issuance and standing instructions, along with flexible deposit and withdrawal options.

Savings accounts with a minimum balance of EGP 5,000 and returns of up to 8.75% annually, offering flexible return payment options and deposits and withdrawals.

Compare

Alternatives at a glance
saving account MID BANK This one Current account with daily interest Emirates NBD Everyday Savers CIB Egypt Wafa Saver Attijariwafa bank Egypt
Interest rate
2.75% – 8.75% 3% – 18% 2% – 10% 4% – 7.5%
Min. opening deposit
EGP 2,000 EGP 50K EGP 20K EGP 5,000
Monthly fee
EGP 0 EGP 0 EGP 0 EGP 40
Compare with 3 similar savings

Added Tuesday 19 May 2026 - 09:44 PM Updated Monday 19 October 2026 - 11:03 PM