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Frequently Asked Questions

Savings Account "MaxiPlus" FAQs

What is the Savings account?

The Savings account is an account specially designed for individuals wishing to save money on a regular basis. The account pays interest as per your wish and is the only account in Egypt that calculates interest on a daily basis based on the daily closing balance. It does not calculate interest on the lowest credit balance of the month like most all other banks in Egypt.

What’s the minimum amount to open a savings account?

You can open a savings account with a minimum amount of EGP 1,000.

Are there any fees associated with this account?

Yes. There are fees for opening the account as well as monthly maintenance charges.

Will I get interest payments?

Yes. Interest payments are calculated on a daily basis based on the closing balance in your account. The interest is then collected and credited to your account either monthly or quarterly depending on your preference.

What if I want to withdraw some of the amount or the entire amount?

There are no charges to withdrawing your money. You can withdraw as much as you want, whenever you want.

Who can apply for this account?

Individuals and Families.

How can I apply for a Saving account?

Visit your nearest NBG branch.