Saving accounts
saib savings accounts will help you in your future plans...Enjoy the benefits applied to the Egyptian pound and Dollar accounts
- Savings account in EGP
- Saytara Plus savings account
- Youth account - young
- Savings account in USD
How to calculate the interest rate
- The interest rate is calculated starting from the deposit value date, depending on the account currency.
- The interest rate is added at the end date of the interest payment cycle.
- The interest rate is fixed.
Example
For fixed interest rate accounts
- Minimum balance during the year is EGP 100,000.
- Fixed interest rate is 5%.
- The interest rate payment frequency is annual.
- Annual interest rate calculation: EGP 100,000 x 5% = EGP 5,000.
Saytara Plus
“Saytara Plus” savings account ...
Annual interest rate up to 22%
FEATURES AND BENEFITS
- Available for individual customers Only.
- Minimum account balance is 20,000 EGP.
- Minimum balance to calculate interest is 15,000 EGP.
- Increasing competitive interest rate with monthly or annually payment frequencies.
- Interest will be Calculated based on minimum account balance during the month.
- Convenient access to your money with your debit card.
- Allows you to deposit and withdraw cash at any time from any branch or through ATM.
- Ability to inquire about your accounts and perform transactions though internet banking service.
*Minimum account balance of EGP 20,000 should be maintained throughout the month, to avoid the application of the dropdown fees, in addition to the other fees related to the saving accounts.
|
Tiers/Interest Frequency |
Monthly |
Annually |
|
From 15 thousand to less than 500 thousand |
16.75% |
18% |
|
From 500 thousand to less than 1 million |
17.75% |
19% |
|
From 1 million to less than 2 million |
17.75% |
19% |
|
From 2 million to less than 5 million |
17.75% |
19.50% |
|
From 5 million to less than 10 million |
18.75% |
20% |
|
From 10 million to less than 15 million |
19% |
20.50% |
|
From 15 million to less than 20 million |
19.25% |
21% |
|
From 20 million to less than 50 million |
19.50% |
21.50% |
|
More than 50 million |
20% |
22% |
Saving accounts in EGP
Save your money with Tiered saving account and enjoy the higher interest rate when you increase your balance …
FEATURES AND BENEFITS
- Available for individual customers Only.
- Minimum opening balance is 20,000 EGP.
- Minimum threshold to earn interest is 15,000 EGP.
- Annual interest rate up to 8.50% paid Monthly, Quarterly, Semi annually, annually based on the customer request.
- Interest Calculated based on minimum balance during the month.
- Convenient access to your money with your debit card
- Allows you to deposit and withdraw cash at any time from any branch or through our ATM.
- Ability to inquire about your accounts and perform transactions though internet banking service.
*Minimum account balance of EGP 20,000 should be maintained throughout the month, to avoid the application of the dropdown fees, in addition to the other fees related to the saving accounts.
Youth Account - YOUNG
Within the framework of the Bank's strategy to support and achieve the concept of financial inclusion among all categories, saib is now pleased to announce the New account for Youth under the name “Young” as an incentive to attract the segment age of 15 to 25 years
FEATURES AND BENEFITS
- Available for individual customers Only.
- Account opening with a valid National ID.
- Free maintenance Fees for the first year.
- The minimum account opening balance is EGP 500
- Free Account opening Fees.
- Special account interest rate (calculated from the first pound deposited in the account).
- Enjoy saib Wallet app for Free, which enables you to pay your bills and transfer your money anytime, anywhere.
- Get saib Payband for Free, the new and modern method of electronic payment which is also one of the contactless payment methods to keep pace with the technology of payments.
- Get saib Internet Banking service subscription for Free to carry out your banking transactions while you are in your place.
- Enjoy the Rewards program and earn points for all purchases through the Pay with Rewards app.
- Possibility of issuing a debit card
- Enjoy 50% discount on the administrative fees granted once for your first personal loan.
|
Tenor |
Annual interest rate - Paid Monthly |
|
Less than 500 thousand EGP |
12.00% |
|
From 500 thousand To 1 Million EGP |
8.00% |
|
More than 1 Million EGP |
4.00% |
Saving account in USD
Do you have Savings in US Dollars?
Are you searching for competitive interest rates?
Now you can increase your investments through saib saving account in US Dollars.
FEATURES AND BENEFITS
- Available for individual customers Only.
- The minimum balance for opening the account is 20,000 EGP
- Competitive interest rate with different interest payouts based on your choice (Daily, Monthly and Quarterly) of up to 1.05%
- Interest Calculated based on minimum balance during the month if you choose the monthly or the quarterly interest pay out; while if you choose the daily interest pay out the interest will be calculated on the end of day balance.
- Ability to inquire about your accounts and perform transactions though internet banking service.
*Minimum account balance equivalent to EGP 20,000 in foreign currency should be maintained throughout the month, to avoid the application of the dropdown fees, in addition to the other fees related to the saving accounts.
