Start saving today for your future needs
What you'll get with our Savings Account
- Interest1 on your credit balances, which is calculated monthly and credited at the beginning of every quarter
- Choice of currencies: open your account in EGP or any other major currency
- International debit card and periodic statements
- Immediate access to your money
- Free online banking, mobile banking and 24-hour phone banking services
Annual interest rates
The following tier-based annual interest rates apply to your EGP savings account(s) starting 23 June 2022.
The interest rates below will apply to the entire minimum monthly balance. For example, if the minimum monthly balance is EGP 100,000 then the corresponding interest rate of 3.50% from the table below will apply to the entire EGP 100,000. Similarly, if the minimum monthly balance is EGP 1 million then the corresponding interest rate of 6.75% from the table below will apply to the entire EGP 1 million deposit.
EGP savings account monthly minimum balance |
Annual interest rates1 |
---|---|
Less than EGP 10,000 |
0.25% |
Starting from EGP 10,000 and less than EGP 100,000 |
0.75% |
Starting from EGP 100,000 and less than EGP 500,000 |
3.50% |
Starting from EGP 500,000 and less than EGP 1 million |
3.75% |
Starting from EGP 1 million and less than EGP 5 million |
6.75% |
EGP 5 million and above |
8.00% |
EGP savings account monthly minimum balance |
Less than EGP 10,000 |
---|---|
Annual interest rates1 |
0.25% |
EGP savings account monthly minimum balance |
Starting from EGP 10,000 and less than EGP 100,000 |
Annual interest rates1 |
0.75% |
EGP savings account monthly minimum balance |
Starting from EGP 100,000 and less than EGP 500,000 |
Annual interest rates1 |
3.50% |
EGP savings account monthly minimum balance |
Starting from EGP 500,000 and less than EGP 1 million |
Annual interest rates1 |
3.75% |
EGP savings account monthly minimum balance |
Starting from EGP 1 million and less than EGP 5 million |
Annual interest rates1 |
6.75% |
EGP savings account monthly minimum balance |
EGP 5 million and above |
Annual interest rates1 |
8.00% |
Foreign currency |
Annual interest rate1 |
---|---|
USD Savings Account |
0.10% |
GBP Savings Account |
0.0025% |
Foreign currency |
USD Savings Account |
---|---|
Annual interest rate1 |
0.10% |
Foreign currency |
GBP Savings Account |
Annual interest rate1 |
0.0025% |
Fees and charges
Reason for fee | Amount in EGP or foreign currency equivalent |
---|---|
Account opening fees for personal banking salary-based customers | EGP 50 per customer, not per account. |
Monthly account fee | EGP 16 deducted on a quarterly basis (includes personal finance accounts, dormant accounts and cardholders without an HSBC account). |
Account closing fee | None |
Salary-based fixed monthly service charge |
None |
Monthly service charge if combined average balance is below the minimum for current, savings or term deposits |
EGP 50 if below EGP 30,000
|
Reason for fee | Account opening fees for personal banking salary-based customers |
---|---|
Amount in EGP or foreign currency equivalent | EGP 50 per customer, not per account. |
Reason for fee | Monthly account fee |
Amount in EGP or foreign currency equivalent | EGP 16 deducted on a quarterly basis (includes personal finance accounts, dormant accounts and cardholders without an HSBC account). |
Reason for fee | Account closing fee |
Amount in EGP or foreign currency equivalent |
None |
Reason for fee |
Salary-based fixed monthly service charge |
Amount in EGP or foreign currency equivalent | None |
Reason for fee |
Monthly service charge if combined average balance is below the minimum for current, savings or term deposits |
Amount in EGP or foreign currency equivalent |
EGP 50 if below EGP 30,000
|
Things you should know
Who can apply?
To qualify for a Savings Account, you'll need to be at least 18 years old.
This account is currently open to salary-based customers only.
How to apply
We'll call you
Request a call back to start your application. Our team is available weekdays from 9.30am to 3.30pm and will be in touch within 120 minutes.2
Call us
Contact us by phone every day from 9am to 11pm.
Tel: 19007 (within Egypt)
Tel: +202 3535 9100 (outside Egypt)
Visit a branch
Visit your nearest branch to speak to us in person.
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