العربية

Al-Safwa Current Account

Housing and Development Bank · Savings · Egyptian Pound · 3.5 · Tuesday 18 August 2026 - 12:51 PM

A current account offering up to 8% annual returns while providing full day-to-day banking flexibility.

Interest rate
5% – 8%
Min. opening deposit
EGP 100,000
Monthly fee
EGP 0

Returns

Interest type
Fixed
Base rate
5%
Max rate
8%
Payout
Daily
Rate tiers
  1. EGP 100,000 – EGP 500,000
    5%
    You are here
  2. EGP 500,001 – EGP 1,000,000
    6%
  3. EGP 1,000,001 – EGP 2,000,000
    7%
  4. ≥ EGP 2,000,001
    8%

Balance & withdrawals

Min opening deposit
EGP 100,000
Min balance for interest
EGP 100,000
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

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Al-Safwa Current Account

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Our take 3.5

3.5 Banky rating

Our take

Housing and Development Bank's Safwa Current Account combines the flexibility of a current account with the benefit of earning returns on deposited funds. Offering annual returns of up to 8%, the account is designed for customers with medium to high balances who seek convenient banking services alongside a modest yield.

A current account offering up to 8% annual returns while providing full day-to-day banking flexibility.

Compare

Alternatives at a glance
Al-Safwa Current Account Housing and Development Bank This oneحساب التوفير MID BANK Saving Account National Bank of Egypt Everyday Savers البنك التجاري الدولي-CIB
Interest rate
5% – 8% 2.75% – 5.75% 7.5% – 11.5% 2% – 10%
Min. opening deposit
EGP 100,000 EGP 4,997 EGP 5,000 EGP 20,000
Monthly fee
EGP 0 EGP 0 EGP 30 EGP 0
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Added Tuesday 18 August 2026 - 12:48 PM Updated Tuesday 18 August 2026 - 12:51 PM