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Money Fellows review

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

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Our verdict

Money Fellows runs a fixed savings circle for Egyptian families who set aside a fixed monthly amount and share a scheduled payout, rather than holding an instant-access savings balance. It suits households that can commit to a 6 to 12 term and meet the EGP 250 minimum deposit.

Key facts

Best for
Fixed monthly saving in a group, with the payout slot chosen at the start.
Rate type
Fixed↗
Term
6 to 12 months↗
Minimum deposit
EGP 250↗
Access terms
Money Circle: fixed monthly PayIn, payout received in your chosen Slot; admin fees start at 16% and fall to 0% in later slots; first-slot access after one completed Game'ya↗
Account kind
Fixed↗
Legal entity
Money Fellows for IT and Project Management (S.A.E)↗
Headquarters
Egypt↗
Founded
2018↗
Support channels
Phone, Email, Help-centre, Chat↗
Official website
moneyfellows.com

Facts checked September 26, 2026, 3 sources

Apps and profiles

Get the app
App Store
Elsewhere
LinkedInyoutube.com

Pros and cons

Pros

  • A fixed rate on a fixed monthly contribution, so the payout slot is set when you join.
  • Support runs on phone, email and help centre, so phone and written help are both open.
  • Admin fees apply in the first slot and fall away in later slots, so waiting longer lowers the charge.
  • It holds a General Authority for Investment licence, number 141331, and works inside the Central Bank of Egypt regulatory sandbox.

Cons

  • A minimum deposit of EGP 250 keeps it out of reach for very small savers.
  • Access is fixed for the 6 to 12 term, so the money cannot be taken out on demand.
  • A fixed rate will not follow market moves, unlike the variable rates at bunq, Wise and Finteres.
Money Fellows

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Scored 8.7 / 10 by SumCue.

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Who it suits

  • Egyptian households that can set aside a fixed monthly amount and want a known payout date.
  • Savers happy to leave money untouched for a 6 to 12 term.
  • Groups who prefer saving inside a circle with a scheduled slot rather than a solo deposit account.

Who should look elsewhere

  • Anyone who wants a rate that tracks the market: bunq, Wise and Finteres hold variable rates.
  • Savers who need their money sooner than a 6 to 12 term allows, who should weigh Wise or Finteres first.
  • People whose monthly amount sits below the EGP 250 minimum, where a variable account may be a better starting point.

The company behind it

Money Fellows trades as Money Fellows for IT and Project Management (S.A.E), based in Egypt and founded in 2018. Support runs on phone, email and help centre, so members can reach the team by phone, by email or in writing. It holds a General Authority for Investment licence, number 141331, and operates in the Central Bank of Egypt regulatory sandbox.

How Money Fellows compares

Where Money Fellows is available

Available
Egypt
Licence in Egypt
Central Bank of Egypt (Regulatory Sandbox), checked September 26, 2026
Licence in Egypt
General Authority for Investment (GAFI) (141331), checked September 26, 2026

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

Frequently asked questions

What does it cost to join a Money Circle?+

Admin fees apply in the first slot and fall away in the slots after it, so waiting for a later payout slot lowers the charge. The saving itself runs on a fixed rate, and members commit a fixed monthly amount from a EGP 250 starting deposit.

Is my money covered by a deposit guarantee?+

The Money Circle is not a bank deposit account. It is run by Money Fellows for IT and Project Management (S.A.E) in EG and holds a General Authority for Investment licence, number 141331. Member money arrives as fixed monthly contributions and is paid out in the chosen slot, so check the terms for how it is held.

How do members pay in and get paid?+

Each member sets a fixed monthly contribution, and the payout lands in the slot chosen at the start. First-slot access comes after a completed Game'ya, so the schedule depends on completing your part of the circle. Contributions start from a EGP 250 minimum deposit, and the circle runs for a 6 to 12 term.

What kind of saving is this?+

It is a fixed arrangement, not a flexible deposit. The rate is fixed and the circle runs for a 6 to 12 term, so the money is committed for the whole period. That suits people who can leave a fixed monthly amount untouched until the payout slot.

How do I get help from the team?+

Support runs on phone, email and help centre, so a phone line, an email address, live chat and a help centre are all available. The circle is run from EG by Money Fellows for IT and Project Management (S.A.E), which is the company a member deals with throughout the term.

Is a Money Circle right for me?+

It fits Egyptian households that can set aside a fixed monthly amount and want a known payout date. You need to meet the EGP 250 minimum deposit and stay in for the 6 to 12 term. If you need to take money out sooner, a variable account such as Wise or Finteres is a closer fit.

How does it compare with a variable rate account?+

The circle pays a fixed rate, so it does not follow market moves. bunq (variable), Wise (variable) and Finteres (variable) all hold variable rates, so their returns can rise and fall with the base rate. The trade-off is commitment, since you stay in for the 6 to 12 term.

Sources

  • moneyfellows.com/en-us/about-us-page checked September 26, 2026

    Backs: Founded

    “Timeline infographic showing Money Fellows' journey from 2018 to 2025 and the launch of a prepaid card with Mastercard”

  • moneyfellows.com/en-us/how-it-works checked September 26, 2026

    Backs: Access terms, Account kind, Minimum deposit, Term, Licences

    “Select a duration of 6, 10, or 12 months based on your preferences.”

  • moneyfellows.com/en-us/terms-and-conditions checked September 26, 2026

    Backs: Headquarters, Legal entity, Rate type, Support channels

    “having its registered office at [Block 44 - First sector -Fifth settlement - New Cairo -Egypt]”

Compiled from 3 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Headline rate, Deposit protection.

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