Certificates & Saving Deposits
Find and compare the best deals on saving deposits (Apply online coming soon)
Loan Amount Is Required
Arab African International Bank (AAIB)
Average Interest Rate10.88% Fixed | Duration5 Years | Interest Amount/ ReturnNaNLE = NaN % = NaN % | Interest Payment FrequencyAnnual |
General ConditionsType: Certificate Deposit * CDs cannot be Broken before 6 months from issuance * For those < 21 Years old, A guardian is required | RequirementsSource of Funds Proof of Income If Not Stated on ID National ID | Secured FacilitiesType: Over Draft Over Rate: 2.00% High Debt Balance: 0.15% Financial Ratio: 90.00% Type: Medium Term Loan Over Rate: 2.00% Admin Fees: 1.50% Financial Ratio: 97.00% Extended Duration: Not Available |
General Conditions
Type: Certificate Deposit
* CDs cannot be Broken before 6 months from issuance * For those < 21 Years old, A guardian is requiredRequirements
Source of Funds
Proof of Income If Not Stated on ID
National ID
Secured Facilities
Type: Over Draft
Over Rate: 2.00%
High Debt Balance: 0.15%
Financial Ratio: 90.00%
Type: Medium Term Loan
Over Rate: 2.00%
Admin Fees: 1.50%
Financial Ratio: 97.00%
Extended Duration: Not Available
Arab African International Bank (AAIB)
Average Interest Rate0.44% Fixed | Duration5 Years | Interest Amount/ ReturnNaNEUR = NaN % = NaN % | Interest Payment FrequencyMonthly |
General ConditionsType: Certificate Deposit * CDs cannot be Broken before 6 months from issuance * For those < 21 Years old, A guardian is required | RequirementsProof of Income If Not Stated on ID Source of Funds National ID | Secured FacilitiesType: Over Draft Over Rate: 0.00% High Debt Balance: 0.00% Financial Ratio: 0.00% Type: Medium Term Loan Over Rate: 0.00% Admin Fees: 0.00% Financial Ratio: 0.00% Extended Duration: Not Available |
General Conditions
Type: Certificate Deposit
* CDs cannot be Broken before 6 months from issuance * For those < 21 Years old, A guardian is requiredRequirements
Proof of Income If Not Stated on ID
Source of Funds
National ID
Secured Facilities
Type: Over Draft
Over Rate: 0.00%
High Debt Balance: 0.00%
Financial Ratio: 0.00%
Type: Medium Term Loan
Over Rate: 0.00%
Admin Fees: 0.00%
Financial Ratio: 0.00%
Extended Duration: Not Available
Attijariwafa Bank
Average Interest Rate2.25% Fixed | Duration3 Years | Interest Amount/ ReturnNaNUSD = NaN % = NaN % | Interest Payment FrequencyQuarterly |
General ConditionsType: Certificate Deposit * CDs cannot be Broken before 6 months from issuance * For those < 21 Years old, A guardian is required | RequirementsProof of Income If Not Stated on ID Source of Funds National ID | Secured FacilitiesType: Over Draft Over Rate: 0.00% High Debt Balance: 0.00% Financial Ratio: 0.00% Type: Medium Term Loan Over Rate: 0.00% Admin Fees: 0.00% Financial Ratio: 0.00% Extended Duration: Not Available |
General Conditions
Type: Certificate Deposit
* CDs cannot be Broken before 6 months from issuance * For those < 21 Years old, A guardian is requiredRequirements
Proof of Income If Not Stated on ID
Source of Funds
National ID
Secured Facilities
Type: Over Draft
Over Rate: 0.00%
High Debt Balance: 0.00%
Financial Ratio: 0.00%
Type: Medium Term Loan
Over Rate: 0.00%
Admin Fees: 0.00%
Financial Ratio: 0.00%
Extended Duration: Not Available
First Abu Dhabi Bank (FAB)
Average Interest Rate7.50% Floating | Duration3 Years | Interest Amount/ ReturnNaNLE = NaN % = NaN % | Interest Payment FrequencyAnnual |
General ConditionsType: Certificate Deposit * CDs cannot be Broken before 6 months from issuance * For those < 21 Years old, A guardian is required | RequirementsProof of Income If Not Stated on ID Source of Funds National ID Valid | Secured FacilitiesType: Over Draft Over Rate: 4.00% High Debt Balance: 0.15% Financial Ratio: 95.00% Type: Medium Term Loan Over Rate: 4.00% Admin Fees: 2.50% Financial Ratio: 95.00% Extended Duration: Not Available |
General Conditions
Type: Certificate Deposit
* CDs cannot be Broken before 6 months from issuance * For those < 21 Years old, A guardian is requiredRequirements
Proof of Income If Not Stated on ID
Source of Funds
National ID Valid
Secured Facilities
Type: Over Draft
Over Rate: 4.00%
High Debt Balance: 0.15%
Financial Ratio: 95.00%
Type: Medium Term Loan
Over Rate: 4.00%
Admin Fees: 2.50%
Financial Ratio: 95.00%
Extended Duration: Not Available
Commercial International Bank (CIB)
Average Interest Rate1.75% Fixed | Duration3 Months | Interest Amount/ ReturnNaNLE = NaN % = NaN % | Interest Payment FrequencyAt Maturity |
General ConditionsType: Time Deposit *1 LE stamp Fees * For those < 21 Years old, A guardian is required | RequirementsProof of Income If Not Stated on ID Source of Funds National ID | Secured FacilitiesType: Over Draft Over Rate: 0.00% High Debt Balance: 0.00% Financial Ratio: 0.00% Type: Medium Term Loan Over Rate: 0.00% Admin Fees: 0.00% Financial Ratio: 0.00% Extended Duration: Not Available |
General Conditions
Type: Time Deposit
*1 LE stamp Fees * For those < 21 Years old, A guardian is requiredRequirements
Proof of Income If Not Stated on ID
Source of Funds
National ID
Secured Facilities
Type: Over Draft
Over Rate: 0.00%
High Debt Balance: 0.00%
Financial Ratio: 0.00%
Type: Medium Term Loan
Over Rate: 0.00%
Admin Fees: 0.00%
Financial Ratio: 0.00%
Extended Duration: Not Available
Bank Audi
Average Interest Rate5.25% Fixed | Duration1 Years | Interest Amount/ ReturnNaNLE = NaN % = NaN % | Interest Payment FrequencyAt Maturity |
General ConditionsType: Time Deposit *1 LE stamp Fees * For those < 21 Years old, A guardian is required | RequirementsSource of Funds Proof of Income If Not Stated on ID National ID | Secured FacilitiesType: Over Draft Over Rate: 0.00% High Debt Balance: 0.00% Financial Ratio: 0.00% Type: Medium Term Loan Over Rate: 0.00% Admin Fees: 0.00% Financial Ratio: 0.00% Extended Duration: Not Available |
General Conditions
Type: Time Deposit
*1 LE stamp Fees * For those < 21 Years old, A guardian is requiredRequirements
Source of Funds
Proof of Income If Not Stated on ID
National ID
Secured Facilities
Type: Over Draft
Over Rate: 0.00%
High Debt Balance: 0.00%
Financial Ratio: 0.00%
Type: Medium Term Loan
Over Rate: 0.00%
Admin Fees: 0.00%
Financial Ratio: 0.00%
Extended Duration: Not Available
Hongkong and Shanghai Banking Corporation (HSBC)
Average Interest Rate10.00% Fixed | Duration3 Years | Interest Amount/ ReturnNaNLE = NaN % = NaN % | Interest Payment FrequencyAnnual |
General ConditionsType: Certificate Deposit * CDs cannot be Broken before 6 months from issuance * For those < 21 Years old, A guardian is required | RequirementsProof of Income If Not Stated on ID Source of Funds National ID | Secured FacilitiesType: Over Draft Over Rate: 2.00% High Debt Balance: 0.20% Financial Ratio: 90.00% Type: Medium Term Loan Over Rate: 4.00% Admin Fees: 1.50% Financial Ratio: 90.00% Extended Duration: available |
General Conditions
Type: Certificate Deposit
* CDs cannot be Broken before 6 months from issuance * For those < 21 Years old, A guardian is requiredRequirements
Proof of Income If Not Stated on ID
Source of Funds
National ID
Secured Facilities
Type: Over Draft
Over Rate: 2.00%
High Debt Balance: 0.20%
Financial Ratio: 90.00%
Type: Medium Term Loan
Over Rate: 4.00%
Admin Fees: 1.50%
Financial Ratio: 90.00%
Extended Duration: available
Banque du Caire (BDC)
Average Interest Rate10.25% Fixed | Duration3 Years | Interest Amount/ ReturnNaNLE = NaN % = NaN % | Interest Payment FrequencyMonthly |
General ConditionsType: Certificate Deposit * CDs cannot be Broken before 6 months from issuance * For those < 21 Years old, A guardian is required | RequirementsSource of Funds Proof of Income If Not Stated on ID National ID | Secured FacilitiesType: Over Draft Over Rate: 2.00% High Debt Balance: 0.30% Financial Ratio: 90.00% Type: Medium Term Loan Over Rate: 2.00% Admin Fees: 1.50% Financial Ratio: 90.00% Extended Duration: available |
General Conditions
Type: Certificate Deposit
* CDs cannot be Broken before 6 months from issuance * For those < 21 Years old, A guardian is requiredRequirements
Source of Funds
Proof of Income If Not Stated on ID
National ID
Secured Facilities
Type: Over Draft
Over Rate: 2.00%
High Debt Balance: 0.30%
Financial Ratio: 90.00%
Type: Medium Term Loan
Over Rate: 2.00%
Admin Fees: 1.50%
Financial Ratio: 90.00%
Extended Duration: available
Societe Arabe Internationale De Banque (SAIB)
Average Interest Rate2.25% Fixed | Duration3 Years | Interest Amount/ ReturnNaNUSD = NaN % = NaN % | Interest Payment FrequencyMonthly |
General ConditionsType: Certificate Deposit * CDs cannot be Broken before 6 months from issuance * For those < 21 Years old, A guardian is required | RequirementsProof of Income If Not Stated on ID Source of Funds National ID | Secured FacilitiesType: Over Draft Over Rate: 0.00% High Debt Balance: 0.00% Financial Ratio: 0.00% Type: Medium Term Loan Over Rate: 0.00% Admin Fees: 0.00% Financial Ratio: 0.00% Extended Duration: Not Available |
General Conditions
Type: Certificate Deposit
* CDs cannot be Broken before 6 months from issuance * For those < 21 Years old, A guardian is requiredRequirements
Proof of Income If Not Stated on ID
Source of Funds
National ID
Secured Facilities
Type: Over Draft
Over Rate: 0.00%
High Debt Balance: 0.00%
Financial Ratio: 0.00%
Type: Medium Term Loan
Over Rate: 0.00%
Admin Fees: 0.00%
Financial Ratio: 0.00%
Extended Duration: Not Available
Hongkong and Shanghai Banking Corporation (HSBC)
Average Interest Rate6.50% Fixed | Duration1 Years | Interest Amount/ ReturnNaNLE = NaN % = NaN % | Interest Payment FrequencyAt Maturity |
General ConditionsType: Time Deposit *1 LE stamp Fees * For those < 21 Years old, A guardian is required | RequirementsProof of Income If Not Stated on ID Source of Funds National ID | Secured FacilitiesType: Over Draft Over Rate: 0.00% High Debt Balance: 0.00% Financial Ratio: 0.00% Type: Medium Term Loan Over Rate: 0.00% Admin Fees: 0.00% Financial Ratio: 0.00% Extended Duration: Not Available |
General Conditions
Type: Time Deposit
*1 LE stamp Fees * For those < 21 Years old, A guardian is requiredRequirements
Proof of Income If Not Stated on ID
Source of Funds
National ID
Secured Facilities
Type: Over Draft
Over Rate: 0.00%
High Debt Balance: 0.00%
Financial Ratio: 0.00%
Type: Medium Term Loan
Over Rate: 0.00%
Admin Fees: 0.00%
Financial Ratio: 0.00%
Extended Duration: Not Available
What are Certificates of Deposits “CDs” & Term Deposits “TDs”?
CDs and TDS are saving instruments that are offered by most banks, whereby you deposit a certain sum of money with the bank for a specific period and they pay you an agreed-upon interest rate.
What is the difference between Certificates of Deposits “CDs” & Term Deposits “TDs”?
While CDs & TDs seem to be different instruments, they are actually the same thing. CDs typically refer to deposits with a period of greater than one year while TDS to deposits with a period of less than one year.
What are the main factors to consider when researching CDs & TDs?
There are a few factors you need to decide on before you start comparing between different CDs & TDs. Namely:
- Currency : Both saving instruments are offered in multiple currencies (Egyptian Pounds, US Dollars, Euros, and British Pounds)
- Interest Rate Fixed vs. Floating : You either have a fixed interest rate for the entire period, or one that changes based on the changes done by the central bank of Egypt. Fixed is a safer investment that protects against any reduction in interest rates but loses you the potential in interest rate increases.
- Time Period : The amount you plan to invest can be between 1 month and up to 10 years.
- Breakage Penalties : Some of the products can include breakage penalties if you decide to withdraw your funds before the agreed time period or tenor
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