Saving Account EGP
It is an excellent and ideal choice if your goal is to open an account quickly and with a very small amount.
- Interest rate
- 6.25%
- Min. opening deposit
- EGP 100
- Monthly fee
- EGP 0
Returns
- Interest type
- Fixed
- Base rate
- 6.25%
- Max rate
- 6.25%
- Payout
- Quarterly
Balance & withdrawals
- Min opening deposit
- EGP 100
- Min balance for interest
- EGP 100
- Max withdrawals/mo
- 30000
- Overdraft allowed
- No
Fees
- Opening fee
- EGP 25
- Monthly fee
- EGP 0
- Quarterly fee
- EGP 60
- Below-minimum fee
- EGP 75
Features & requirements
- ATM card
- Yes
- Debit card
- Yes
- Online banking
- No
- Mobile banking
- No
- Joint account
- No
- Minor account
- No
Do the maths
Our take
Pros
- The minimum amount to open an account starts at just 100 EGP.
- Issuance of a debit card (ATM): Enables 24-hour cash withdrawals, deposits, and shopping via ATMs.
- Tax-exempt returns: All returns earned on the savings account are not subject to any taxes.
- The option to open a savings account in the names of minors.
- Issuing certificates of deposit and crediting the return to the savings account.
Cons
- Decline in the rate of return
- Periodic and account-related charges: There are fees for account maintenance and quarterly account statements.
- Interest calculation method: The return is calculated based on the lowest credit balance during the month.
- It cannot be linked to the mobile app or online banking.
Our take
It is an excellent and ideal choice if your goal is to open an account quickly and with a very small amount.
Compare
| Saving Account EGP Agricultural Bank of Egypt This one | Saving Account National Bank of Egypt | Wafa Premium Account Attijariwafa bank Egypt | حساب التوفير MID BANK |
|---|---|---|---|
| Interest rate | |||
| 6.25% | 7.5% – 11.5% | 9% – 18% | 2.75% – 5.75% |
| Min. opening deposit | |||
| EGP 100 | EGP 5,000 | EGP 20,000 | EGP 4,997 |
| Monthly fee | |||
| EGP 0 | EGP 30 | EGP 0 | EGP 0 |
Added Tuesday 04 August 2026 - 12:14 PM Updated Tuesday 04 August 2026 - 12:14 PM