CIB's new "Save and Safe" account is now available for the first time in Egypt. This is the only saving account that offers free insurance bundled with a wide range of free benefits.
Maximize your Savings and guarantee your Safety with Save and Safe account
Daily, monthly and quarterly interest rate frequencies
Save and Safe is the only product that offers a daily interest rate in addition to the monthly and quarterly interest rate frequencies.
Tiered interest rate
- Daily interest rate: is calculated on a daily basis on the daily closing balance and credited monthly.
- Monthly/quarterly interest rate: is calculated on the lowest credit balance during the month and credited monthly/quarterly.
The more you save in your account, the higher the return. Decide on the amount you want to invest and benefit from our competitive tiered interest rate.
Free insurance benefits
The more you save, the more insurance benefits you get free of charge. With the Save and Safe account, you will get a variety of free insurance products:
- Accidental death or disability insurance in case of an accident (AD&D)
- Medical reimbursement in case of an accident (AMR)
- Educational allowance for children in case of accident (E.A)
- Home insurance
The above insurance features are completely free for CIB Save and Safe clients.
Free safe box*
The Save and Safe account offers you the chance to get a free safe box for one month as long as you maintain an average balance of EGP 1 million in your Save and Safe account for three consecutive months
For detailed information on Saving Accounts Rates, click here.
How to benefit from the Save and Safe free insurance features?
- Maintain a minimum balance of EGP 150,000 in your savings account for three consecutive months
- The more money you place in your savings account, the more insurance features you receive, as highlighted in the following table:
to EGP 500K (Gold)
|More than EGP 500K
To EGP 1M (Platinum)|
Above EGP1M (Diamond)
Accidental Death & Disability in case of an accident (AD&D)
|EGP 250,000||EGP 500,000||EGP 500,000|
|Educational Allowance in case of an accident (EA)||EGP 50,000||EGP 50,000||EGP 50,000|
|Accidental Medical Reimbursement in case of an accident (AMR)||-||EGP 25,000||EGP 25,000|
|Home Insurance||-|| -||EGP 350,000|
|Free Safe Box||-||- ||√|
*The above limits will be effective 01/01/2017
*All insurance features include SRCC (Strike, Riot and Civil Commotion) as per the terms and conditions. Starting 01/01/2017the insurance benefits will be applied on EGP saving accounts only.
*All insurance programs and claims are provided by AIG Egypt Insurance Company SAE. Minors, youth, joint and care accounts are excluded from insurance benefits.
*If the average balance for 3 consecutive months falls below EGP 1 million for safe box holders, safe deposit box renting fees will be paid.
Congratulations! You and your family just got safer with your new CIB Save and safe account!
For more information, please call 19666 or visit your nearest CIB branch