Do you want to save money?
Are you looking to protect yourself & your family's future with a unique insurance plan?
CIB combined both into a one of a kind product that gives you more than just money … introducing the Premium Savers account!
What is the Premium Savers Account?
This is a new savings account offered in EGP and full of exclusive features tailored especially for you, including:
- Interest calculated on your savings with different frequencies (daily, monthly, or quarterly)
- Life and non-life insurance provided by AXA with tailored benefits according to your segment; Prime, Plus, or Wealth
- BONUS Points and other benefits
- Account opening with a minimum of EGP 20,000
Premium Savers Account's Benefits Details:
A wide range of life and non-life insurance benefits, as follows:
|Insurance Type / coverage Balance /Segment||Segmented Benefits|
|ADD (Accidental Death & Disability)||EGP 200,000||EGP 500,000||EGP 1M|
|Educational Allowance ||EGP 100,000||EGP 250,000||EGP 500,000|
|Accidental Medical||EGP 25,000||EGP 50,000||EGP 75,000|
|Home Insurance||EGP 100,000||EGP 250,000||EGP 500,000|
- *In case of Permanent Partial Disability due to an accident, a percentage of the benefit ceiling is paid, according to each segment (Prime/Plus/Wealth)
- According to insurance coverage terms & conditions
- For coverage, features and claim process please click here
Different interest payment frequencies - daily, monthly, or quarterly:
|Amount/Interest Frequency (EGP)||Daily||Monthly||Quarterly|
|20,000 - 50,000||0.00%||0.00%||3.50%|
|50,000 - 100,000||0.00%||3.75%||4.25%|
|100,000 - 200,000||1.00%||4.00%||4.50%|
|200,000 - 500,000||1.25%||4.50%||5.00%|
|500,000 - 1M||2.00%||5.50%||5.75%|
|1M - 2M||4.00%||6.00%||6.75%|
|2M - 5M||5.00%||7.50%||7.50%|
|5M - 15M||6.00%||8.00%||8.00%|
|50M and above||7.50%||8.25%||8.30%|
*Above rates are effective Januray 19th,2020.
|Benefits & Waivers |
|Bonus Points||2 times monthly interest amount||4 times monthly interest amount||6 times monthly interest amount|
|Credit Card issuance fees||Free ||Free ||Free |
|Unsecured Personal Loan Admin Fees||50%||50%||50%|
|Debit Card issuance Fees||Free||Free||Free|
(For New to bank only)
Enjoy Our most convenient Internet and Mobile Banking services, which help you access your accounts 24/7.
Fees and Charges:
|Fees and charges (EGP)||Prime||Plus||Wealth|
|Annual Premium/Annual Admin Fees||180||240||360|
|Bank Statement - Quarterly||120 |
|Bank Statement - Monthly||240 |
|Bank Statement - Weekly||500|
|Bank Statement -- Daily||2,500|
Required Documents :
- A copy of a valid national ID (for Egyptians) or a valid passport (for foreigners)
- Recent original utility bill (electricity or gas)
- Proof of income
- Proof of permanent residence (for foreigners)
For further inquiries, please call us at 19666 or visit your nearest CIB branch.
Terms and conditions apply – The bank has the right to change the interest rates