Banky team Reviewed editorial answerبسمع إن الفايدة ممكن تتغير، ومش عارف أربط على ثابت ولا متغير.
Nobody can tell you in advance what the Central Bank will do, so base your choice on the shape of each type rather than on a forecast. A fixed-rate certificate has a contractual rate for the whole term: if market rates move, your return does not change in either direction. A variable-rate certificate is tied to a reference rate, such as the overnight deposit rate or the credit-and-discount rate, plus or minus the bank's margin, and a new rate applies after the current payout period's return is paid. A hypothetical example per 100 EGP, not a forecast: with a 20% reference and a 1% margin the yearly return is 21 EGP; if the reference becomes 18% it is 19, and if it becomes 22% it is 23, while a fixed 21% stays at 21 in both cases. The choice is between certainty of the figure and a return that follows the reference, and it depends on which you are comfortable with. Note that each bank sets its own product rates; the Central Bank sets the policy rates. In a variable certificate's key-facts statement, check the reference rate, the margin and when the rate is adjusted.