AAIB - Retail Banking - Golden Account
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Golden Account
 
FEATURES


AAIB’s Golden Account adds a new dimension to Savings Accounts. You not only enjoy free instant access to your money, but also significant growth and the flexibility to choose when you want to receive your return.


BENEFITS


Growth
Highly competitive interest rates on your savings in EGP, USD, EUR or GBP.
Cumulative growth sustained by reinvesting returns.
 
Flexibility
Flexible interest payment frequency: monthly, quarterly, semi-annually and annually according to your personal needs and preferences.
Easy and instant access to your money.
Issuance of ATM Cash Card, and Credit Cards (Visa and MasterCard) against savings accounts.
No stamp duties for deposits and withdrawals. Easy overdraft facilities
For individuals and minors.
 
Account statements are sent on a quarterly basis for a quarterly fee of LE 5 and can be sent on a monthly basis as per customer's request for a monthly fee of LE 5.



PROCEDURES
 
Open a Golden Account with a minimum deposit of EGP 4,000, US$ 500, EUR 500 or GBP 500.
Interest is paid on fixed dates at the end of your preferred interval.
Interest is calculated on the minimum balance during the calendar month provided that the minimum balance is not less than EGP 4,000, US$ 500, EUR 500, GBP 500.
Interest rates are reviewed and determined on a quarterly basis, starting on January 1st of each year.
New interest rates are applied during the interest period beginning after the announcement of the change of rates.


RATES


Golden Account
Monthly 7.2500%
Quarterly 7.3000%
Semi-Annually 7.3500%
Annually 7.5000%

** Rates are subject to change. To check most recent rates, please call our Call Center on 19555

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