Save your money with CIB Savings Account and enjoy a tiered competitive interest rates along with other exclusive benefits
You can earn interest on your savings with different interest payment frequencies in addition to free exclusive
insurance benefits on EGP saving accounts.
Local Currency Savings Account:
- Open EGP account with minimum of EGP 20,000.
Interest frequency payments:
- Daily tiered interest: Starting EGP 100,000 calculated on daily closing balance and credited monthly
- Monthly tiered interest: Starting EGP 20,000 calculated on lowest monthly balance and credited monthly
- Quarterly tiered interest: Starting EGP 20,000 calculated on lowest monthly balance and credited quarterly
- Overdraft facility reaches up to 90% of available balance
Foreign Currency Savings Account:
USD Currency
- Open USD account with minimum of USD 1,000.
Interest frequency payments:
- Daily tiered interest: Starting USD 5,000 calculated on daily closing balance and credited daily
- Monthly tiered interest: Starting USD 5,000 calculated on lowest monthly balance and credited monthly
- Quarterly tiered interest: No minimum balance; calculated on daily closing balance and credited quarterly
GBP and EUR Currencies:
- Open a saving account with minumum of GBP or EUR 1,000 interest is calculated on daily closing balance and credited quarterly to the account.
Free insurance benefits
The above insurance features are completely free for CIB Save and Safe clients.
| Amount/Interest Frequency | Daily | Monthly | Quarterly |
| 0 - Below 20K | 0% | 0% | 0% |
| 20K - 50K | 0% | 5.50% | 6.00% |
| 50K - 100K | 0% | 5.75% | 6.25% |
| 100K - 150K | 2% | 6.25% | 7.25% |
| 150K - 200K | 2.25% | 6.50% | 7.50% |
| 200K - 350K | 2.50% | 6.75% | 7.75% |
| 350K - 500K | 3.25% | 7.00% | 8.00% |
| 500K - 650K | 3.50% | 7.50% | 9.50% |
| 650K - 750K | 3.75% | 7.75% | 9.75% |
| 750K - 1M | 4.00% | 8.00% | 10.00% |
| 1M - 2M | 6.25% | 8.25% | 10.50% |
| 2M - 5M | 8.50% | 10.50% | 11.75% |
| 5M - 7.5M | 9.25% | 11.25% | 12.00% |
| 7.5M - 15M | 9.75% | 11.50% | 12.50% |
| 15M - 20M | 10.75% | 12.00% | 13.00% |
*Above Rates are effective February 17th,2019
| USD Interest Rates |
| Tenor | Interest Payment
amount | Interest Rates |
Daily | Less than 5K | 0.00% |
| 5K to 100K | 0.125% |
| Above 100K | 0.200% |
Monthly | Less than 5K | 0.00% |
| 5K to 100K | 0.250% |
| Above 100K | 0.350% |
Quarterly | Up to 100K | 0.450% |
| Above 100K | 0.550% |
| EUR / GBP Interest Rates |
| Tenor | Currency | Interest Rates |
Quarterly | EUR | 0.001% |
| GBP | 0.01% |
N.B.: Payroll monthly Saving Account interest rate is 2% for monthly balance exceeding EGP 5,000
Required Documents
- Copy of valid national ID or valid passport for foreigners
- Recent original utility bill (electricity or gas)
- Income Proof.
- Proof of permanent residence for foreigners
Fees & Charges
| Banking Service | Annual amount in EGP or its equivalent |
| Account Annual Admin Fees | EGP 100 |
| Bank Statement -Quarterly | EGP 90 |
| Bank Statement - Monthly | EGP 175 |
| Bank Statement - Weekly | EGP 250 |
| Bank Statement -- Daily | EGP 400 |
| E-Statement | Free |
For more information about the account opening requirements please call 19666 or visit your nearest CIB branch
Terms and Conditions Apply
