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Frequently Asked Questions

  • Yes guests are allowed provided they are accompanying the cardholder on the same flight.
  • Each guest will be charged by $32 per visit (to be paid at the lounge)

6 free access throughout the calendar year then every extra visit will be charged by $32 (it will be debited from the registered credit card)

No minimum spend required

Mutual funds and Certificates of Deposit (CDs) are two distinct investment options that differ in several key aspects, including structure, risk, returns, diversification and liquidity. below is a comparison:
  1. Investment Type
  • Mutual Funds: Mutual funds pool money from multiple investors to invest in a diversified portfolio of stocks treasury bonds or other securities. The value of your investment fluctuates based on the performance of the underlying assets.
  • CDs: A CD is a fixed-term deposit offered by banks and credit unions. You deposit money for a set period (e.g." 1 year 3 years etc.) and the bank pays you a fixed interest rate over that term. The principal is guaranteed and the interest is usually fixed.
  1. Return and Risk
  • Mutual Funds: These carry market risk because the value of the underlying securities can rise and fall. As a result" returns are variable and depend on the performance of the assets within the fund. Equity mutual funds tend to have higher potential returns but with greater risk whereas bond funds offer more stable albeit lower returns.
  • CDs: Generally considered low risk because your principal and interest are guaranteed by the issuing bank. However CDs face interest rate risk- if interest rates rise during the CD term your fixed rate become less attractive. The return is fixed and predictable but it is typically lower than the potential mutual fund earnings especially in a low-interest-rate environment.
  1. Liquidity
  • Mutual Funds: Generally liquid allowing investors to buy or sell shares daily. Some funds may offer weekly liquidity for entry and exit.
  • CDs: Funds are locked in until the maturity date. Early withdrawals may result in penalties such as losing some of the accrued interest and withdrawals are usually not allowed within the first six months.
  1. Diversification
  • Mutual Funds: Provide built-in diversification since the fund invests in a variety of securities helping to spread risk across multiple assets.
  • CDs: offer no diversification as the investment is concentrated in a single fixed-income product.

With the same QR or Digital membership generated by the Primary OR Supplementary cardholders.
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Ebhar Misr

“Ebhar Misr” program for gifted children

With the idea that the private sector is a real driving-force for young people, Crédit Agricole Egypt’s Foundation for Development has recently launched its dedicated program “EBHAR MISR”, in collaboration with “Education First Foundation”, to encourage and motivate talented students.

Out of 200 participants, 25 young gifted students from 13 to 19 years old were selected to participate in an intensive two-week course in a summer camp.

This initiative was launched under the patronage of the Ministries of Education and Social Solidarity.

“EBHAR MISR” – comes from the phase of selection of the young talents who dazzled the jury with their presentations.

The closing ceremony of the program took place in August at Crédit Agricole Egypt headquarters with more than 200 guests, including: the deputy of the Ministry of social solidarity, the Foundation Board of Trustees and top customers

CAE’s customers, sponsors of the event, offered grants to several students.

The most gifted 3 are travelling in a one-week camp in a special school for gifted children in Florida, USA.

The program is planned to be furtherly enhanced the years to come starting in 2019 by creating a digital platform to extend the coverage and reach a higher number of applicants where we will have a website with a portal to automate and digitize Ebhar Misr’s program with a huge data base of all gifted students all over Egypt, the first of a kind in Egypt.