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Floating CDs

  
 

Are you looking for medium term CDs with variable interest to accommodate to your needs? Floating CDs are the best choice for you.

Floating CD is a medium term savings vehicle that provides you with monthly or quarterly interest payments, while benefiting from the floating interest rate that will maximize your return.

 
 

Benefits:

 
• Floating CDs offer you floating competitive interest rates based on the corridor rate announced by the Central Bank of Egypt
• CD amount can be refunded at any time after the first 6 months from issuance date according to published breaking schedule
• Ability to reinvest interest payments to pay for insurance premiums, loan installments or simply to be credited to the savings account
• The interest could be added to your QNB ALAHLI current, checking or savings account according to your choice
• There are no limitations on the maximum amount of the CD or on the number of CDs that you can issue
• Interest payments can be easily withdrawn 24 hours a day, 7 days a week from your account through QNB ALAHLI Visa debit cards
• Obtain credit facilities against the CD
 
 

General Conditions:

 
• CDs are available in 3 & 5 years duration
• Minimum age for CD issuance is 21 years
• Client must have a valid current, checking or savings account at the bank
• Minimum CD issuance is EGP1,000 
 
 

Terms and conditions apply

 

To apply, e-mail us on Retail.apply@qnbalahli.com and a bank representative will contact you shortly

For more information, please call 19700 or visit nearest branch

 

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