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Fawry review

Updated September 28, 2026 · SumCue Editorial Team · Facts checked September 26, 2026

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Our verdict

Fawry suits people in Egypt who want savings and insurance in one place, since its investment account is easy access, pays a variable rate and takes cash in and out through the same everyday app. The rate is a variable one, so what you earn can move.

Key facts

Best for
Saving and insuring through a single everyday app in Egypt.
Rate type
Variable↗
Minimum deposit
up to EGP 50,000↗
Access terms
Cash can be added after successful registration as an active customer; cash can be withdrawn 24 hours after investing; available every day, anytime and anywhere↗
Account kind
Easy access↗
Legal entity
Fawry Banking and Payment Technology Services↗
Headquarters
Egypt↗
Founded
2008↗
Support channels
Chat↗
Pricing model
Monthly
Official website
fawry.com

Personal insurance

Premium from
EGP 20↗
Insurance types
Auto, Health, Travel↗
Provider type
Broker↗
Monthly payments
Yes↗
Cover limit
Personal Accident Insurance: LE 75,000 death cover and LE 5,000 medical expenses↗

Facts checked September 26, 2026, 4 sources

Apps and profiles

Get the app
App StoreGoogle Play
Elsewhere
WikidataLinkedInfacebook.com

Pros and cons

Pros

  • The savings account is easy access with a variable rate, so there is no fixed term to lock into.
  • The same provider sells auto, health and travel cover as a broker, starting at premiums of EGP 20 with monthly payments.
  • Personal Accident Insurance comes with death cover and medical expenses cover, set out in the product terms.

Cons

  • Support runs on chat only, so chat is the single listed channel for questions.
  • The rate is a variable one, so the return on savings can rise or fall rather than stay set.
  • Cash can only be withdrawn a waiting period after investing, and adding cash needs active registration first.
Fawry

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Scored 8.6 / 10 by SumCue.

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Who it suits

  • Anyone in Egypt who wants savings and cover handled through one provider
  • People who want an easy access pot rather than a fixed term deposit
  • Customers happy to manage the account through chat support

Who should look elsewhere

  • Anyone after a fixed rate, since the rate here is a variable one
  • People who need a term deposit, because the account is easy access
  • Starling Personal Account Debit Card, if you want a regulated bank balance with a wider set of support channels

How Fawry compares

Where Fawry is available

Available
Egypt

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

What kind of savings account is it?+

Fawry offers an easy access savings account, marked as easy access, and the rate is a variable one, shown as variable. Because it is easy access, there is no fixed term to serve. That suits people who want their money reachable without giving up a set period.

Can I get my money out quickly?+

Cash can be withdrawn a waiting period after investing, so there is a short hold before access. After that, withdrawals are available every day, anytime and anywhere. You are not locked into a term, but the money is not instant from the moment you invest either.

Does Fawry also sell insurance?+

Yes. Fawry is a broker, listed as broker, and it sells auto, health and travel cover, set out as auto, health and travel. Monthly payments are available, so the cover can be paid over the year. Premiums start at EGP 20.

What does the personal accident cover give?+

The Personal Accident Insurance cover includes death cover and medical expenses cover, with the stated cover limit set out in the product terms. The exact amounts matter here, so read the cover limit against your own needs before you buy.

How do I get help?+

The listed support channel is chat, which covers chat. That is a single route, so if you prefer email or a phone line, that is not what is listed here. Worth weighing before you open the account.

Who is Fawry and where is it based?+

Fawry is Fawry Banking and Payment Technology Services, headquartered in Egypt and founded in 2008. It operates as a financial services and payment technology provider rather than a savings-only platform. The savings and insurance products sit under that company.

How does Fawry compare with other easy access options?+

Easy access accounts make up a large share of the savings listings here, at 75.2%. Variable rates also dominate, at 69.3% in the savings rankings. Fawry sits inside that mainstream pattern rather than offering something unusual on rate structure.

Sources

  • fawry.com checked September 26, 2026

    Backs: Legal entity, Support channels

    “Copyright (c) 2026 Fawry Banking and Payment Technology Services. All Rights Reserved.”

  • fawry.com/about/who-we-are checked September 26, 2026

    Backs: Founded, Headquarters

    “Established in 2008, Fawry has since grown to become a premier provider of banking and payment technology services in Egypt.”

  • fawry.com/fawry-for-consumer/financial-services/insurance... checked September 26, 2026

    Backs: Cover limit, Provider type, Insurance types, Pricing model, Monthly payments, Premium from

    “For a minimum of LE 20/month, we provide you with insurance of LE 75,000 to cover your beneficiaries' expenses ... In case of accidental injury, we cover LE 5,000 of medical expenses.”

  • fawry.com/fawry-for-consumer/financial-services/investmen... checked September 26, 2026

    Backs: Access terms, Account kind, Minimum deposit, Rate type

    “You can add cash after successful registration and being an active customer ... You can withdraw cash 24 hours after successful investing ... Available every day, anytime, and anywhere”

Compiled from 4 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Headline rate, Term, Deposit protection.

Fawry

Fawry

Saving and insuring through a single everyday app in Egypt.

8.6/10See alternatives