The bonus term deposit is a term deposit that rewards customers who place their funds for more than 6 months:

• A half month interest rate will be given as a bonus to term deposits of 6 months.
• A full month interest rate will be given as a bonus to term deposits of 12 months.

The bonus term deposit comes in 6 month and 12 month tenors.

You can open the bonus term deposit with a minimum amount of EGP 15,000 or USD 5,000 or EUR 5,000.

Yes you can, however the penalties are as follows:

• For 6 month bonus term deposit      Less 2.5% of bonus term deposit rate
• For 12 month bonus term deposit    Less 3.0% of bonus term deposit rate

No fees with this time deposit but you have to have a current account with NBG.

No, only at maturity. At the maturity of the term deposit, you will get back the principal plus the interest that has been accumulated during the bonus term deposit life time.

Anyone wishing to have medium term plans and is not in need to get regular interest payments during the lifetime of the term deposit. In return, you will enjoy better interest rates in the form of a bonus interest rate.

You can either:

• Instruct the bank to redeem your term deposit.
• Borrow against this term deposit up to 90% of its nominal value at an interest rate of 2% above applicable term deposit rate.

Visit your nearest NBG branch.