Ebda' Daily Current Account
· Bank Account
Qrar360 Decision Brief
What is this product?
A bank account from AlexBank.
Who it may suit
- No monthly fee
Facts not yet fully verified
- the Sharia-compliance status
- the last verification date
Key facts
ALEXBANK current account designed for micro and financial-inclusion customers, paying daily interest (12%) calculated on the end-of-day balance and credited daily for balances from EGP 2,500. No minimum opening balance, free account opening and maintenance, maximum balance EGP 750,000, and 50% discount on the first debit card issuance fee. Includes Inspire debit card and mobile/internet banking; daily withdrawal limit EGP 90,000 and monthly EGP 300,000. Open with national ID only; for micro and financial-inclusion customers above 21.
Product Analysis
- Annual profit / interest rate: 12%.
- Minimum balance required: 0 EGP.
- No monthly account fee.
Qrar360 Score for this productQ360100Sources & methodology
Why this score?
Coverage 70% · Confidence 90%Strongest verified factors
- Minimum balance100% · weight 20
- Monthly fee100% · weight 15
- Qrar360 data verification
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Compare it side by side with another product in the same category and market.
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Availability by Country
- EgyptAvailable
Provided By
This product is provided by . For the institution's licenses and regulatory status, see its profile page.
Sources & verification
Verified facts on this page are linked to their official sources.
Frequently asked questions
- Does Ebda' Daily Current Account have a monthly fee?
- No — Ebda' Daily Current Account has no monthly fee.
- Which countries is Ebda' Daily Current Account available in?
- Ebda' Daily Current Account is available in: Egypt.
- What is the return or profit rate for Ebda' Daily Current Account?
- The return rate for Ebda' Daily Current Account is 1200.00%.