What is a youth account and what benefits does it offer at Egyptian banks? | Ask Banky

Editor-in-Chief Mohamed Salah

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Editor-in-Chief Mohamed Salah

What is a youth account and what benefits does it offer at Egyptian banks?

Asked by Banky team 2 months ago
Banky team Reviewed editorial answer

It is a savings account dedicated to the 16 to 21 age group (and it extends to 30 years at some banks).

It offers a full exemption from account opening fees, an exemption from the minimum balance required to open the account, and a distinguished savings return credited periodically, along with the issuance of a free debit card and immediate activation of mobile banking with no subscription fees.

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