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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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Crédit Agricole Egypt Participates in Automech Formula Auto...

Crédit Agricole Egypt participates for the third year in a row in the Auto Loan Show 2013, held at the Cairo International Convention Centre from January 17th-24th, 2013. The Auto Loan Show is held alongside the Automech Formula Motor Show.

On this occasion, CAE presented a special promotion to all who apply for any of its car finance programs saving up to 1000 EGP. In addition, in CAE’s stand in the exhibition visitors received a lot of valuable gifts and prizes. highlighted its diverse and attractive auto loan offers to interested customers who choose from different types of available programs.

Through its diverse car loan programs, Crédit Agricole Egypt provides competitive interest rates and affordable repayment schedules that best meet the needs of its clients. Offered programs are available to Egyptians from the age of 21 to 65, with a maximum loan amount of EGP 1,000,000, financing possibility up to 100% of car price and 5 years loan period. The assortment of offered programs grants employees, self-employed and professions with the possibility of buying the car of their dreams without a proof of income. The loan is offered against existing deposit certificates and a cash down payment from 40 to 50%. Furthermore, Crédit Agricole Egypt has tied up with a various automotive car dealers across Egypt for customer convenience and freedom of selection.

Car loan programs are available to both customers and non-customers through the bank’s 73 branch and various car dealers across Egypt.