With Bank ABC Shield Saving Account save your money and get free insurance benefits, in addition to periodic returns on your savings.
What we offer:
- Saving account in Egyptian pound only
- Various interest payment frequencies based on your choice (daily, monthly, quarterly, semiannually or annually)
- Minimum amount to open account is EGP 5,000
- Minimum amount to earn interest is EGP 10,000
- Interest is calculated on the lowest balance during the month
- For daily saving account, interest is calculated on daily closing balance and credited daily during working days with a minimum balance of EGP 50,000
- Wide range of free insurance benefits
- Free Digital banking
- Receive Debit Card to access your account(s) anytime
Insurance programs
Bank ABC offers a free insurance program that varies according to the saving account balance.
Insurance benefits according to your account balance
The customer will be eligible for insurance benefits according to below table, in case the minimum monthly average balance is EGP 50,000 for three consecutive months.
Package Name | Classic | Silver | Crystal | Elite |
Saving Account Avg. Balance | From EGP 50,000 to below EGP 150,000 | From EGP 150,000 to below EGP 500,000 | From EGP 500,000 to EGP 1 Million | Above EGP 1 Million |
Death & Disability cover due to an Accident * | EGP 50,000 | EGP 250,000 | EGP 500,000 | EGP 750,000 |
Children Educational Expenses cover, due to accidental death * | EGP 20,000 | EGP 25,000 | EGP 35,000 | EGP 50,000 |
Accidental Medical Expenses Cover * | EGP 10,000
| EGP 25,000 | EGP 35,000 | EGP 50,000 |
Income Replacement Weekly (Up to 52 week) * | EGP 200
| EGP 250
| EGP 350 | EGP 500 |
Residence contents Protection | _____
| _____ | EGP 250,000 | EGP 400,000 |
Medical Discount Card | _____ | _____ | offered | offered |
* Insurance coverage shall be applied in case of accident that leads to total or partial disability. Insurance coverage terms & conditions will be applied.
Who can get it?
- Individual Egyptian citizens and Egypt’s residents
- Minimum age 21 years
Required documents:
- Valid National ID or Passport
- Recent utility bill (maximum three months)
- Work verification documents