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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:
- Saving Account in EGP
- Minimum amount for account opening EGP 100 only
- Daily Interest payment frequency
- Minimum Balance for interest calculation is EGP 1,000
- Maximum limit for daily withdrawal is EGP 60,000
- Maximum account balance is EGP 500,000
- 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:
- Saving or Current account in EGP.
- Minimum amount for account opening is EGP 100 only
- No maximum account balance.
- Minimum Balance for interest calculation is EGP 1,000
- Apply for Personal/Auto loan with competitive schemes and enjoy 50% discount on admin fees.
- Apply for Credit Card with 50% discount on the issuance fees for the first year.
- 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:
Xtra Points:
- 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.
- Earn 0.25 Xtra Point for every 1 EGP you spend using your Youth Debit Card
- 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:
- Top Debit card spenders every month will get rewarded, subject to minimum monthly spend EGP 50k
- Top Fresh funds depositors subject to minimum monthly balance EGP 100k
*Terms & conditions apply