Start saving for your child today…
Account Features
- Available in Egyptian Pounds
- Competitive interest rates
- Minimal account opening balance required
- Interest rate is paid out on a semi-annual basis
- Full access to your account through your Debit Card
- Ability to place Standing Orders functionality to help covering your obligations automatically
Debit Card Features
- Attractive daily cash withdrawal limits from any ATM locally and internationally, and access to an extensive network of retailers locally and internationally
- Make cash deposits , cash withdrawals, and transfer between your accounts using your FAB Debit Card at any FAB Egypt ATM
- Save time and stay safe while using your FAB Debit Card with the most recent “Contactless” card technology, enabling seamless transactions without the need for physical contact
- Enhanced security with instant SMS alerts for all of your transactions
- FAB VISA Platinum Debit Cardholders can enjoy special privileges, offers and discounts through Visa “beyond assistance” mobile app, providing concierge services for:
- Governmental services (Car license renewal, national ID renewal / issuance, National & International driving license renewal, marriage certificates, birth / death certificates)
- Pick-up & Delivery Services (In-city Door-to-Door delivery of documents and small objects)
- Road side assistance (car towing, battery change, tire change)
Eligibility
- Minors under the age of 21
- Account will be opened in Minor’s name and operated by legal guardian
Required Documents
- Valid National ID for legal guardian
- Proof of Address for legal guardian
- Letter of employment for legal guardian if he/she is a salaried individual
- Commercial register for legal guardian if self-employed
Terms and Conditions apply
Fees and chargesInterest rate
Accounts Terms and conditions