ABK NEXT Saving Accounts

ABK NEXT Saving Accounts

Start saving today with daily interest payment frequency and enjoy free account opening and get ready for a very exciting future! 
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Features

NEXT Banking Experience:  

ABK NEXT offers our Future & Future Plus accounts with extra benefits to empower youth today and help them plan for tomorrow.
Start saving today with daily interest payment frequency and enjoy free account opening to be prepared for a very exciting future! 

NEXT Future Youth Saving Account (Age: From 16 to below 21):

Now you can open Future Youth Saving Account with tiered daily competitive interest rate up to 10%

Account Features:

  1. Saving Account in EGP 
  2. Minimum amount for account opening EGP 100 only
  3. Daily Interest payment frequency
  4. Minimum Balance for interest calculation is EGP 1,000
  5. Maximum limit for daily withdrawal is EGP 60,000
  6. Maximum account balance is EGP 500,000 
  7. Enjoy tiered daily competitive interest rate up to 10% on your Future & Future Plus accounts according to your balance as shown below: 

Balance Interest Rate
1,000 - 49,999 8%
50,000 - 99,999 9%
Above 100,000 10%
 

Future Plus Youth Saving Account (From 21 to below 26):

Now you can open Future Plus Youth Saving account or current account and enjoy the below features with competitive interest rate up to 10% 

Account Features:

  1. Saving or Current account in EGP.
  2. Minimum amount for account opening is EGP 100 only
  3. No maximum account balance.
  4. Minimum Balance for interest calculation is EGP 1,000
  5. Apply for Personal/Auto loan with competitive schemes and enjoy 50% discount on admin fees.
  6. Apply for Credit Card with 50% discount on the issuance fees for the first year.
  7. Enjoy tiered daily competitive interest rate up to 10% on your Future Plus accounts according to your balance as shown below: 

Enjoy tiered daily interest rate up to 10% according to your balance as shown below:

Balance Interest Rate
1000 - 49,999 8%
50,000 - 99,999 9%
Above 100,000 10%
 

Benefits

Youth Benefits:

  • Free account opening 
  • No minimum balance fees
  • Free issuance of Debit Card for the first year only
  • Instant issuance of Card
  • Select your preferred card design from different card design options
  • Purchases from any store or online
  • Free Online Banking & Mobile Banking registration to keep tracking your account
  • Free Mobile Wallet registration
  • Enjoy Xtra points on every purchase transaction using your Youth Debit Card
  • Instant SMS notifications when using the card locally & online
  • Enjoy special offers and discounts when using your Youth Debit Card at selected merchants,, please click here to check the offers

    • Xtra Points:

    1. Start earning Xtra points while maintaining a minimum monthly balance of EGP 5000 reaching up to 15,000 points based on the monthly account balance. 
    2. Earn 0.25 Xtra Point for every 1 EGP you spend using your Youth Debit Card
    3. Earn 0.5 Xtra Point when using your Youth Debit Card for targeted merchants “Education fees, Club membership, Gym membership and Electronic purchases”

    The earned points can be redeemed instantly when shopping or paying for anything, or you can redeem points in the form of cash back to your card. 

    To know more about ABK Xtra loyalty program, click here

      Rewards & More:

       Youth account holders will enjoy rewards on quarterly basis according to the following:
      1. Top Debit card spenders every month will get rewarded, subject to minimum monthly spend EGP 50k 
      2. Top Fresh funds depositors subject to minimum monthly balance EGP 100k

       

      *Terms & conditions apply

      More Informations

      • By visiting your nearest ABK-Egypt Branch

      • Important Information regarding procedures for opening a new account

        In a bid to help the government combat terrorism financing and money laundering activities. The Central Bank of Egypt has imposed regulations requiring all financial institutions to obtain, verify and record information identifying the customer opening an account by filling a "Know Your Client" form.
      1. Available for individuals
      1. Deposit and withdraw cash at any time from
        1. ABK–Egypt Branches
        2. ABK-Egypt ATMs
      2. Get Free Access to ABK-Egypt Online Banking and enjoy the following:
        1. View, save or print your e-statements
        2. Choose and change statement frequency
      3. Access to our 24/7 Call Centre 19322

      The required documents that should be obtained to open an individual account are:

      For Egyptians
      1. Valid Customer ID
      2. In case of any mismatched information with the provided ID, the following documents might be required:
        1. Recent utility Bill for the current address
        2. Document proving latest employment data

      For Resident Foreigners
      1. Valid passport for at least 6 months
      2. Residence documentation along with customer’s address in Egypt
      3. Profession license /taxes card or document proving residence reason

      Contact Info

      For more information, please visit ABK-Egypt nearest branch or contact our call center available 24/7 on 19322