Target Audience: Individuals aged 16 to 21 years.
Account Type: Investment Account
Services Offered on the Account:

• Exemption from account opening fees.

• Exemption from direct debit card issuance fees.

• Exemption from quarterly account service fees.

• Exemption from online banking subscription fees.

• Exemption from mobile wallet service fees (Faisal Cash).

• Exemption from the periodic account statement fees.

• Exemption from SMS fees for the first time.

• No minimum balance required to open the account.

• Minimum balance for interest calculation: 1,000 EGP.

• Special interest on the account based on actual business results.

• Interest payment frequency: Quarterly.

Account Transaction Limits:

• Daily withdrawal limit: 90,000 EGP

• Monthly withdrawal limit: 300,000 EGP

• Maximum account balance: 500,000 EGP

Documents Required to Open the Account:

• Valid personal identification document.