The National Bank of Egypt, being one of the largest banks in Egypt, offers a variety of savings products that meet the needs of different customers, with competitive rates of return on its savings products. Among these products, the bank offers the annual platinum savings certificate.

In this report, we present the details of the “Annual Platinum” certificate from the National Bank of Egypt, and how to obtain a return exceeding 7 thousand pounds per day from it...

Details of the annual platinum certificate from the National Bank of Egypt

– The duration of the certificate is one year.

– Fixed return throughout the duration of the certificate.

The certificate is issued in denominations of 1000 pounds and its multiples.

– Available to natural persons, adults and minors (Egyptians and foreigners).

– Interest is calculated from the day immediately following the purchase of the certificate.

- It is possible to borrow against its guarantee.

- Credit cards of all types can be issued with the guarantee of these certificates.

– It is not possible to redeem it before 6 months have passed, starting from the business day following the day of purchase.

- It can be redeemed before the end of the period in accordance with the rules and conditions announced by the bank, and the certificate is redeemed at the end of its term for its full nominal value.

Certificate return rates

The annual platinum certificate gives customers the opportunity to obtain a return of 23.5% monthly, a return of 23% daily, or a return of 27% annually, which is disbursed at the end of the certificate period.

An example in numbers to obtain a return from the certificate

When investing 1,250 million pounds in the annual platinum savings certificate from the National Bank of Egypt, the customer will receive a daily return of 7,800 pounds, if he chooses to spend the daily return at 23% interest, while he will receive a return of 24,479 pounds per month with 23.5% interest, or an annual return of 337,500 pounds per month. End of the certificate term with 27% interest.