Reward Account
Feature
Competitive expected return rate in addition to the first month profit in advance -under settlement- as extra monthly reward amount depending on the deposit amount
Based on the lowest balance during the month and posted monthly
Available for individuals only
Based on Wakala Investment
The minimum Balance to calculate the profit rate is EGP 50K
The reward percentage of 1.25% is calculated for each deposit or transfer of EGP 50,000 or more to the account within the first five calendar days of every month.
The deposit or transfer amount in the account must be at least EGP 50,000 each time for the reward percentage to be calculated.
The reward amount shall be credited to the customer’s account on the first business day following the first five days of the month.
The Bank shall retain the funds deposited for which the reward has been granted until the end of the same month. No full/partial withdrawals of the retained amount until the completion of the mentioned period
