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Seamless Steps to Cash

1 How To En
Choose the payout amount

Join any Money Circle with payout amounts starting from 3,000 EGP to 120,000 EGP per circle and you can join more than one Circle at the same time.

2 How To En
Choose the Circle duration

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

3 How To En
Pick your preferred slot

Choose the payout month you want: Early slots with admin fees, middle slots with low to zero fees, or enjoy late slots with discounts on pay-ins up to 125%

4 How To En
Select the payment method

Choose the payment method that's most convenient for you, including bank cards, bank transfers, pre-paid cards, e-wallets and Fawry.

5 How To En
Upload your ID

Upload your valid National ID, ensuring clear front and back pictures. The more documents you upload, the bigger the payout amounts you can get in earlier slots.

6 How To En
Add your address

You will receive a contract by a courier at the address you provide in the app.

7 How To En
Confirm your circle

Check the Circle Summary with all the choices you submitted and confirm to complete the final step! Don't forget to send a referral invitation to enjoy a 150 EGP discount for both you and your friends

FAQs

  • Money Fellows is the biggest Money Circles app in Egypt and the first under the supervision of the Central Bank of Egypt’s Regulatory Sandbox and our banking partner, Banque Misr
  • 7M users trust us and are saving for their goals with our Circles.
  • Every user is obliged to sign a legal contract before joining the Circle to guarantee everyone’s rights.
  • Money Fellows is registered in the General Authority for Investment, its commercial registration number is 141331, and its tax card number is 535694.
  • Each user has to sign a legal contract before joining any Circle after going through our credit assessment to make sure that all users can pay their installments. In case other users fail to pay their due amounts, Money Fellows covers their share to make sure you get your full payout on time.
  • According to the Official Fatwa No. 46205 from the Egyptian Dar Al Iftaa, Money Fellows is completely Halal & Sharia compliant and there is no prohibition from a religious perspective Fatwa.
  • Always available at a click of a button.
  • Payout amounts up to 120K EGP per circle.
  • Pay-ins start as low as 250 EGP/month.
  • Ability to join multiple Money Circles at the same time.
  • Private. Nobody knows when you are getting your payout.
  • Secured. Everyone signs a legal contract before joining the Circle.
  • Different Payment methods.
  • Debit & Credit Cards.
  • E-wallets.
  • Prepaid Cards.
  • Debit & Credit Cards.
  • E-wallets.
  • Prepaid Cards.
  • You have Money Circles with payout amounts starting from 3,000 EGP and go all the way up to 120,000 EGP.
  • Installments start from as low as 250 EGP per month.
  • You can choose between 3 different durations; 6 Months, 10 Months, and 12 Months.

Admin fees start at 16% and progressively decrease to 0% for later slots.

Fees are divided equally over your monthly pay-ins until and including your payout month.

Example: Your payout is in the 3rd slot. Your total fees are 1,200 EGP.

  • Fees will be divided equally across your first 3 pay-ins.
  • Which means 400 EGP will be added to each pay-in, for the first three months only.
  • For bigger goals, you can save up to 1,000,000 EGP over 6,12 or even 24 months and enjoy up to 20% cashback on your payout. Those are for users whose primary goal is to save up in an easy, smart and rewarding way.