CIB Everyday Interest Account
This is a unique current account that earns daily interest on your available balance—giving you the flexibility of a current account and the returns of a savings account. It is designed for individuals and businesses who want to grow their money without locking them in.
Join UsFEATURES
The perfect account for your business!
Daily interest on your available balance.
Daily Interest Crediting
Interest is calculated on daily closing balances and credited to your account every day.
Multi-Currency
Available in both KES and USD.
Zero Monthly Fees
Enjoy zero maintenance fees and free internal transfers.
Full Access to Funds
Withdraw, deposit, and transfer funds at any time without penalties.
Chequebook Option
Available on request.
Digital Banking Access
Manage your account easily via mobile and internet banking.
FEES & CHARGES
The account fees and charges
*Interest is calculated on daily balances and subject to withholding tax before crediting. The rate will be subject to prevailing market conditions and may be adjusted at the Bank’s discretion.
REQUIREMENTS
Discover the required documents needed
to open the account
Required Documents
For Individuals:
- Valid National ID or passport
- Proof of address (e.g., utility bill or lease agreement)
- Minimum opening balance: KES 2,000
- Minimum balance to earn interest: KES 20,000
For SMEs:
- Certificate of Registration/Business permit
- Company PIN and KRA compliance documents
- Director/Partner identification documents
- Minimum opening balance: KES 5,000
- Minimum balance to earn interest: KES 50,000
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