QNB

Smart Floating CD with Minimum Interest

Smart Floating Certificate of Deposit with Minimum Interest Rate.

The Smart Floating Certificate of Deposit is an innovative savings solution designed to deliver a monthly income while offering the opportunity to achieve the best possible returns. Ensuring a guaranteed minimum interest rate, This Combine the potential for returns to grow with peace of mind and the protection of your investment.

Benefits:    

  • Smart Floating certificates of deposit are offered to individual customers.
  • Smart Floating certificate of deposit offers a competitive interest rate linked to the Central Bank of Egypt Overnight Deposit Corridor Rate. 
  • Interest is calculated from the next day of issuance date.
  • Ability to issue several CDs with different amounts, as there are no restrictions on the maximum amount or number of CDs.
  • Ability to inquire about your CDs through QNB Electronic banking services.
  • Possibility of obtaining credit facilities against your CD, with the same CD currency.
  • Ability to break the certificate of deposit after 6 months from its issuance date. 

General Conditions:

  • Currency: - Available in EGP. 
  • CD Duration: - 3 Years.
  • Interest Payment Frequency: - Monthly. 
  • Minimum issuance balance: - EGP 500,000 with multiples EGP 1,000.

Interest:

  • The annual variable interest rate is paid monthly (according to CBE Corridor rate + 0.50%) with minimum floor interest.
CD Type Minimum Amount  Interest Payment Frequency  Current Interest Rate
SMART FLOATING CD
with Minimum Interest
 
Minimum EGP 500,000 for first issuance
Multiples of EGP 1,000
 
Monthly

19.50% (CBE Deposit corridor rate + 0.50% with minimum 17.25%) 

 

 

 

Effective 27 July 2026

Terms and Conditions Apply 

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