العربية

Al-Monjez Savings Account

BANQUE MISR · Savings · Egyptian Pound · Monday 27 July 2026 - 06:09 PM

A savings account that can be opened with only a national ID, starting from EGP 100, offering monthly returns and fee exemptions on account and debit card services.

Interest rate
8.75% – 10.5%
Min. opening deposit
EGP 100
Monthly fee
EGP 0

Banky Analysis

Suits you if

  • Grow my savings the most
    • Net yield after fees higher than average
  • I want to start with a small amount
  • I want an account with banking features
    • More banking features than average

What's good

  • No maintenance fees

All of this is measured against products in EGP only

Last checked Saturday 01 August 2026 - 11:13 PM

Returns

Interest type
Fixed
Base rate
8.75%
Max rate
10.5%
Payout
Monthly
Rate tiers
  1. EGP 3,000 – EGP 5,000
    8.75%
  2. EGP 5,001 – EGP 50,000
    9%
  3. EGP 50,001 – EGP 250,000
    9.5%
  4. EGP 250,001 – EGP 500,000
    10%
  5. EGP 500,001 – EGP 750,000
    10.5%

Balance & withdrawals

Min opening deposit
EGP 100
Min balance for interest
EGP 3,000
Overdraft allowed
No

Fees

Opening fee
EGP 0
Monthly fee
EGP 0
Quarterly fee
EGP 0
Below-minimum fee
EGP 0

Features & requirements

ATM card
Yes
Debit card
Yes
Online banking
Yes
Mobile banking
Yes
Joint account
No
Minor account
No

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Al-Monjez Savings Account

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Our take

Our take

Banque Misr's El Mongez Account is a practical choice for customers looking for an easy-to-open bank account without providing income verification documents. The account allows savings starting from just EGP 100, offers monthly returns, and provides several fee exemptions and banking benefits that reduce overall banking costs.

A savings account that can be opened with only a national ID, starting from EGP 100, offering monthly returns and fee exemptions on account and debit card services.

Compare

Alternatives at a glance
Al-Monjez Savings Account BANQUE MISR This oneWafa Premium Account Attijariwafa bank Egypt Saving Account National Bank of Egypt star the united bank
Interest rate
8.75% – 10.5% 9% – 18% 7.5% – 11.5% 10.5% – 13.75%
Min. opening deposit
EGP 100 EGP 20,000 EGP 5,000 EGP 100,000
Monthly fee
EGP 0 EGP 0 EGP 30 EGP 0
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Added Monday 20 July 2026 - 03:33 PM Updated Monday 27 July 2026 - 06:09 PM