العربية

Plus Savings Account

Alex Bank · Savings · Egyptian Pound · 4.0 · Saturday 22 August 2026 - 03:20 PM
Interest rate
3.5% – 6.5%
Min. opening deposit
EGP 2,500
Monthly fee
EGP 0

Returns

Interest type
Fixed
Base rate
3.5%
Max rate
6.5%
Payout
Monthly
Rate tiers
  1. EGP 50,000 – EGP 99,999
    3.5%
  2. EGP 100,000 – EGP 499,999
    4.5%
  3. EGP 500,000 – EGP 2,499,999
    5.5%
  4. ≥ EGP 2,500,000
    6.5%

Balance & withdrawals

Min opening deposit
EGP 2,500
Min balance for interest
EGP 50,000
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

Plus Savings Account

See how regular monthly deposits grow your balance over time.

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Results are estimates for guidance only and may differ from a bank's actual offer.

Our take 4.0

4.0 Banky rating

Pros

  • Regular payout cycles: Monthly payout cycle to provide regular liquidity.

Cons

  • High minimum to earn returns: No returns are generated for amounts less than 50,000 EGP.

Our take

The 'Tawfeer Plus' account from Alexandria Bank offers a balanced savings option with a monthly tiered return based on the account balance, making it a good choice for people with medium to high amounts who are looking for regular liquidity. However, the high minimum requirement to earn interest makes it less attractive for small savers.

Compare

Alternatives at a glance
Plus Savings Account Alex Bank This oneحساب التوفير MID BANK Everyday Savers البنك التجاري الدولي-CIB Current account with monthly interest Emirates NBD
Interest rate
3.5% – 6.5% 2.75% – 5.75% 2% – 10% 1% – 6% Interest rate (Tiered)
Min. opening deposit
EGP 2,500 EGP 4,997 EGP 20,000 EGP 0
Monthly fee
EGP 0 EGP 0 EGP 0 EGP 0
Compare with 3 similar savings

Added Thursday 20 August 2026 - 06:00 PM Updated Saturday 22 August 2026 - 03:20 PM