The day-to-day account from Al-Mashriq New
- Interest rate
- 15%
- Min. opening deposit
- EGP 0
- Monthly fee
- EGP 0
Returns
- Interest type
- Fixed
- Base rate
- 15%
- Payout
- Daily
- EGP 5,000 – EGP 49,9999%
- EGP 50,000 – EGP 499,00010.5%
- EGP 500,000 – EGP 1,000,00015%
Rate tiers
Balance & withdrawals
- Min opening deposit
- EGP 0
- Min balance for interest
- EGP 5,000
- 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
- No
- Debit card
- No
- Online banking
- Yes
- Mobile banking
- Yes
- Joint account
- No
- Minor account
- No
Do the maths
Our take
Pros
- Daily interest payout: Adding interest to your account every day instead of monthly, giving you a steady cash flow and high liquidity.
- Open a free account easily: You can open the account digitally with no opening fees and no minimum starting balance.
Cons
- Lower interest rate compared to a regular savings account: the maximum interest reaches 15% (compared to 16% in a regular account), and it starts at just 9% for the first tiers (from 5,000 to 49,999 EGP), which makes the return lower for small and medium balances.
Our take
The e&Mashreq NEO Day-by-Day account offers a flexible savings option that focuses on instant liquidity and quick returns, giving the customer a daily interest added to their cash balance with no account opening fees or minimum balance required.
Compare
| The day-to-day account from Al-Mashriq New Mashreq Egypt This one | Wafa Premium Account Attijariwafa bank Egypt | Saving Account National Bank of Egypt | star the united bank |
|---|---|---|---|
| Interest rate | |||
| 15% | 9% – 18% | 7.5% – 11.5% | 10.5% – 13.75% |
| Min. opening deposit | |||
| EGP 0 | EGP 20,000 | EGP 5,000 | EGP 100,000 |
| Monthly fee | |||
| EGP 0 | EGP 0 | EGP 30 | EGP 0 |
Added Tuesday 18 August 2026 - 12:22 PM Updated Tuesday 18 August 2026 - 12:31 PM