Overview
Thndr Savings (Clouds) is a high-yield savings feature on Thndr that lets you park your cash and earn gains on it. Money deposited into Thndr Savings (Clouds) is swept into mutual funds — primarily money-market or fixed-income funds that invest in low-risk instruments like treasury bills, bonds, and interest-bearing cash accounts. Each mutual fund follows its own guidelines and investment strategy.
Key benefits
Earn daily gains on your idle cash
Choose between two saving methods — Instant Savings or Monthly Savings — depending on your financial goals
Compound your returns daily, meaning you earn gains on your gains every day
Organize your savings into separate clouds with custom names, images, and optional goals to stay motivated
Saving methods
Thndr Savings (Clouds) offers two saving methods: Instant Savings and Monthly Savings.
| Instant Savings | Monthly Savings |
Summary | Earns daily gains. Withdraw anytime with no fees | Earns higher daily gains. Withdraw at the end of the month |
Current APY (as of 02-05-26) | 17.39% | 20.40% |
Gains | Compounded daily | Compounded daily |
Top-ups | Top up instantly anytime with no limits | Top up instantly anytime with no limits |
Withdrawals | Withdraw instantly anytime with no fees | Schedule a free withdrawal before the last Sunday of each month — your money arrives the following Tuesday. Or withdraw instantly anytime for a 0.25% fee |
Best for | Emergency cash or cash parked while finding your next investment opportunity | Medium-term goals like travel or marriage |
Sharia compliance | Based on a mutual fund designated as Sharia-compliant | Based on a mutual fund that does not carry the same Sharia-compliant designation |
Asset manager | Azimut | Thndr Asset Management |
Sharia compliance for Instant Savings
When you deposit money into Instant Savings, the funds are swept into a mutual fund overseen by a supervisory Sharia board. The fund maintains its Sharia-compliant status through the following structure:
Independent Sharia committee — the fund is overseen by a dedicated Sharia committee composed of qualified scholars registered with the Financial Regulatory Authority. The committee ensures all investment activities align with Islamic principles.
Pre-investment screening — the committee defines the rules, criteria, and permissible instruments for investment. All proposed investments must be reviewed and approved for Sharia compliance before execution.
Ongoing monitoring and approval — the fund manager adheres to Sharia guidelines when managing the fund's assets, obtains approval for new investments or significant changes, and provides periodic compliance reports to the committee.
How scheduled transfers work in Monthly Savings
You can schedule a transfer anytime during the month, as long as the request is submitted before the last Sunday of the month. Your money will be received on the following Tuesday.
Key details about scheduled transfers
Your scheduled transfer remains in a pending state until the last Sunday of the month
Only one scheduled transfer can be active at a time — to create a new one, cancel the existing scheduled transfer first
Scheduled transfers cannot be canceled once they are processing (processing occurs between the last Sunday of the month and the Tuesday payout date)
Choosing a transfer amount
When scheduling a transfer, you can choose between entering a specific amount or selecting a full balance transfer.
A full balance transfer moves the entire balance of your cloud, including all future gains accrued by the end of the month. While a full balance transfer is scheduled, you cannot top up or transfer out of the cloud until the transfer is processed. You can cancel a full balance transfer at any time before processing begins and create a new scheduled transfer.
Understanding your Thndr Savings (Clouds) balance
Your Thndr Savings (Clouds) balance equals your principal amount plus all accrued gains. Gains are compounded daily and are based on the difference between the average purchase price of the underlying mutual fund certificates and the current market value of those certificates.
When gains are credited
Your money begins earning returns once it has been in Thndr Savings (Clouds) before the daily cutoff. The cutoff occurs at a random time between 6:00 AM and 7:00 AM Cairo Time each day. Gains are then reflected in your balance at 3:00 PM Cairo Time on each business day.
💡Tip: Transfer your money in before 6:00 AM Cairo Time to make sure it qualifies for that day's gains.
⚠️ Important: Gains for weekends and holidays are reflected one business day in advance. For example, gains for Friday and Saturday appear on Thursday. If you add money to Thndr Savings (Clouds) on a weekend or during a holiday, gains will not reflect until the next business working day.
Why actual gains may differ from the announced APY
When you calculate your daily or monthly gains on your principal, those figures represent actual returns received over that shorter period. Because returns are accrued and compounded daily, earning the full announced APY requires leaving your money in Thndr Savings (Clouds) for a complete year — you earn returns each day on your accumulated returns. The difference comes down to simple calculation versus compounded calculation over time.
How the annualized yield (APY) is calculated
The Annual Percentage Yield (APY) of Thndr Savings (Clouds) is based on the performance of the underlying mutual funds, reflected in the daily price change of the mutual fund certificates.
Thndr looks at how the certificate price has changed over the past 30 calendar days and annualizes that performance — projecting the 30-day return over a full year to estimate a yearly yield. The APY gives you an idea of how fast your savings can grow if the same trend continues — it's not a fixed guarantee.
The formula used to calculate APY is:
APY = ((1 + Period Return ÷ 100) ^ (365 ÷ Period Days) − 1) × 100
Period Return is the return earned over the period, as a percentage. It equals the difference between the certificate price today and its price at the start of the period, divided by the starting price. For example, if the price rose from 100 to 101.5, then Period Return = 1.5
Period Days is the number of days in the period — today's date minus the start date. For Thndr Savings (Clouds), the period is always the last 30 calendar days on a rolling basis, so Period Days = 30
Who is eligible for Thndr Savings (Clouds)
To transfer money to Thndr Savings (Clouds), you need to meet all of the following requirements:
Have access to the Egyptian Market on Thndr
Hold an approved account on Thndr
Have no active account suspensions
FAQs
What are clouds?
A cloud is a savings space within Thndr Savings that lets you organize your money into different buckets. You can name each cloud, choose an image, and optionally set a savings goal to stay motivated.
Can I move money between clouds?
Moving money directly between clouds is not supported. To reallocate funds, transfer the money out of one cloud first, then top up the destination cloud with the desired amount.
Is money transferred out of Thndr Savings (Clouds) settled?
Any money transferred out of Thndr Savings (Clouds) is fully settled, meaning you can withdraw it directly to your bank account without any additional waiting period.
Why may a cloud top-up not go through?
A top-up to Thndr Savings (Clouds) requires an available settled balance in your Thndr wallet. The following situations may prevent a top-up:
Unsettled cash — money from recent stock sales is still being settled and cannot be transferred to Thndr Savings (Clouds) until settlement is complete. Settlement usually takes two working days. You can request instant settlement from the withdrawal page for a small fee.
Pending wallet balance — if your wallet balance is blocked for other pending orders, you will need to cancel those orders to unblock the cash before topping up.
Why doesn't the available to transfer amount match the cloud balance?
If the amount available to transfer out of a cloud does not match the total balance, an existing scheduled transfer on the cloud is likely the cause. The available-to-transfer amount reflects the net balance after accounting for any pending scheduled transfers.
Does the return change based on how much I deposit?
No — the return percentage is the same regardless of how much you deposit.