Day Today Current Account
The Arab African International Bank’s daily-yield current account offers flexibility and speed in financial transactions for individuals and companies.
- Interest rate
- 3.75% – 6.5%
- Min. opening deposit
- EGP 20,000
- Monthly fee
- EGP 0
Returns
- Interest type
- Fixed
- Base rate
- 3.75%
- Max rate
- 6.5%
- Payout
- Daily
- EGP 250,000 – EGP 499,9993.75%
- EGP 500,000 – EGP 999,9994.75%
- EGP 1,000,000 – EGP 4,999,9995.25%
- EGP 5,000,000 – EGP 14,999,9995.75%
- ≥ EGP 15,000,0006.5%
Balance & withdrawals
- Min opening deposit
- EGP 20,000
- Min balance for interest
- EGP 250,000
- Max withdrawals/mo
- 100000
- 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
- Yes
- Online banking
- Yes
- Mobile banking
- Yes
- Joint account
- Yes
- Minor account
- No
Do the maths
Our take
Pros
- Flexibility and instant investment: Returns are calculated and profits are credited to the account daily without locking up funds, while allowing for withdrawals, deposits, and trading at any time.
- Tiered competitive return: The annual return increases as the balance tiers rise.
Cons
- High minimum balance requirement: The bank requires a minimum balance of 250,000 pounds to begin accruing returns, making the product inaccessible to small and medium-sized savers.
Our take
The Arab African International Bank’s daily-yield current account offers individuals and businesses flexibility and speed in financial transactions. It is an excellent financial choice for holders of medium-to-large capital, as well as business owners and companies requiring continuous daily liquidity flow—allowing them to leverage these funds to maximize profits without restriction. However, for those seeking higher returns on smaller amounts or fixed savings, savings certificates and daily investment funds offer more rewarding yields.
The Arab African International Bank’s daily-yield current account offers flexibility and speed in financial transactions for individuals and companies.
Compare
| Day Today Current Account Arab African International Bank This one | حساب التوفير MID BANK | Everyday Savers البنك التجاري الدولي-CIB | Current account with monthly interest Emirates NBD |
|---|---|---|---|
| Interest rate | |||
| 3.75% – 6.5% | 2.75% – 5.75% | 2% – 10% | 1% – 6% Interest rate (Tiered) |
| Min. opening deposit | |||
| EGP 20,000 | EGP 4,997 | EGP 20,000 | EGP 0 |
| Monthly fee | |||
| EGP 0 | EGP 0 | EGP 0 | EGP 0 |
Added Wednesday 19 August 2026 - 01:34 PM Updated Wednesday 19 August 2026 - 01:36 PM