It was announced by a number of banks for each individual who prefers to save his money in savings accounts.
There are 3 banks that announced on their official website the availability of saving accounts with the highest returns in the local market, in order to provide the highest possible benefit to customers and attract them to them.
The customer will benefit from a large number of advantages as soon as it is submitted to these accounts, but there are a number of papers that must be submitted in addition
For a number of conditions to get the highest interest from these banks, we will give you the details of each account.
Premium Savers Account from CIB
The return in it reaches 7.5%, and the minimum amount to open a savings account is 50 thousand pounds, and it is available to customers in Egyptian pounds only, and the account has great insurance benefits.
The interest rate is 7.5%, calculated as follows:
Golden Savings Account from Arab African Bank البنك
Arab African Bank allows you to open a Golden Savings Account with high interest. And great advantages where you can choose the periodicity of the return exchange (Monthly – Quarterly – Semi-annual – Annual). You can also open the account in Egyptian pounds or foreign currencies.
The minimum amount to open the account is 5000 pounds.
The interest is calculated on the lowest outstanding balance during the month, provided that the balance is not less than the minimum balance for opening the account.
Gradual competitive return on the account balance that increases gradually by increasing the account balance.
Issuance of credit cards (Visa or MasterCard) with the guarantee of the account.
Ease of immediate dealing on savings with a debit card (Visa / MasterCard) for use locally and internationally.
A debit current account can be obtained up to 95% of the total account balance value
The interest is up to a maximum of 8.5% of the interest calculated, and it is calculated as follows:
Super Saver Savings Account from Med Bank
The minimum amount for calculating the return is 5000 Egyptian pounds.
The interest rate is 9% as the highest interest calculated on this account.
You can borrow up to 90% with the guarantee of the available amount in the savings account.
The account is available to individuals and minors – whether Egyptians or foreigners.
The return is added to the savings account according to the return period.
From 5 thousand to 100 thousand, the daily return is 3%, the monthly return is 4%, the quarterly return is 5%, the semi-annual return is 6%, and the annual return is 7.00%.
– An amount of EGP 100,001 to 500,000, the daily return is 3.50%, the monthly return is 4.50%, the quarterly is 5.50%, the semi-annual return is 6.50% and the annual return is 7.50%.
From 500.001 to one million, the daily return is 4%, the monthly return is 5%, and the quarterly return is 6%, the semi-annual return is 6.10%, and the annual return is 7.10%.
– 1000001 for 5 million pounds, the daily return is 4.25%, the monthly return is 5.25%, the quarterly return is 6.25%, the semi-annual return is 6.15% and the annual return is 7.15%.
If the amount is more than 5 million pounds, the daily return is 5%, the monthly return is 6%, the quarterly return is 7%, the semi-annual return is 8%, and the annual return is 9%.