Banky team Reviewed editorial answerعايزة أفتح حساب توفير وأختار اللي بيدي أكتر.
For savings accounts, the advertised rate alone does not tell you what you will actually receive. First, the balance basis: some accounts compute the return on the daily balance and others on the lowest balance in the month, and with the second a single withdrawal can lower the base for the whole month. Second, tiers: the rate can change with the size of the balance, so the advertised rate may belong to a tier above your amount. Third, the minimum balance that earns a return, since some accounts pay nothing below it. Fourth, fees such as account administration, statements and falling below the minimum; these are fixed amounts, so they take a bigger share of a small balance, and any return after them exists only for a specific amount. So compare accounts at your own amount and in the way you will actually use the account. Check each account's key-facts statement for the balance basis, the tiers, the minimum balance that earns a return, every fee and its frequency, and the payout frequency; if a field is not stated, ask the bank about it.