Gulf Bank also announces winner of monthly Salary Package draw for January 2021, winning cash prize worth up to 12 times her salary

Kuwait, 14 February 2021: Gulf Bank held its annual draw to announce the grand prize winner of the Salary Package. The lucky winner, SAUD EID AMER ALOTAIBI, took home a cash prize worth up to 100 times his monthly salary. In addition to the grand prize draw, the Bank also held a draw to reveal the name of the monthly Salary Package draw winner for January 2021. The winner of the monthly draw, JUMANAH FALAH GHULOUM MOHAMMAD, received a prize equivalent to 12 times her monthly salary.

The draws took place on Thursday evening at Kuwait Pulse FM 88.8, and were held in the presence of a representative each from the Ministry of Commerce and Ernst & Young.

Mr. Mohammad Al-Qattan, General Manager of Consumer Banking at Gulf Bank, announced this year’s updated Salary Account offers, saying: “First of all, we would like to congratulate Mr. SAUD EID AMER ALOTAIBI on winning Gulf Bank’s annual Salary Account grand draw prize award of 100 times his salary! We would also like to extend our congratulations to our first winner of the monthly draws of 2021, Mrs. JUMANAH FALAH GHULOUM MOHAMMAD, who will be taking home a cash prize of up to 12 times her monthly salary.”

“Gulf Bank’s Salary Account is one of the most rewarding salary accounts in Kuwait, with a wide range of exclusive offers that are tailored to our clients’ needs, in addition to monthly and annual draws that offer cash prizes of up to 100 times the winner’s monthly salary,” said Al-Qattan. “This year, we are granting our Salary Account clients even more exclusive offers than ever, including the ability to choose between an interest-free loan, a cash prize of up to 300 Kuwaiti Dinars, or a free credit card, with these offers being valid for workers in both the public and private sectors. We are also proud to have special offers for frontline workers in appreciation of their continuous efforts in combating the pandemic. For these reasons and more, I would like to encourage all Kuwaiti employees to take advantage of these exclusive offers and transfer their salaries to Gulf Bank.”

Frontline Workers Salary Package

Gulf Bank recently tailored a special offer for employed Kuwaiti frontline workers who wish to transfer their salaries to Gulf Bank. Upon transferring their salaries, these clients will immediately receive a set of benefits, including a cash gift of KD 200, or an interest-free loan of up to KD 10,000 or a special car loan offer from approved showrooms. They will also be eligible to receive a Visa or MasterCard credit card with all annual fees waived for the first year, a free MasterCard World card (upon KD 5,000 expenditure), in addition to 15,000 Gulf Bank Rewards Points credited in the card. The frontline offer also consists of other benefits, including a free safety deposit box for a period of one year upon opening the account, free concierge services, preferential FD rates, and a customer segment upgrade. The new frontline offer is open to Kuwaiti employees working in the Fire Brigade, National Guard, Civil Aviation (including Kuwait Airways) and in the following Ministries: Health, Defense, Information and Interior.

Salary Package - Exclusive Offer

As part of the vast range of services and benefits available to Salary Account customers, Gulf Bank offers its clients the opportunity to choose the most appropriate benefits from a wide selection of attractive options.

With the 2021 Kuwaiti Salary Offer, new customers who transfer their salaries to Gulf Bank are automatically enrolled in the monthly draws, giving them the chance to win cash prizes of up to 12 times their salary. Customers are also enrolled in a yearly draw of Kuwait’s largest salary prize, a cash prize of up to 100 times the winner’s salary.

Gulf Bank’s Salary Account also gives new customers the opportunity to receive either a KD 200 cash gift upon transferring their salaries to Gulf Bank, or an interest-free loan of up to KD 15,000. Customers must have a minimum salary of KD 500 and are eligible for the offer following their first salary transfer to Gulf Bank.

Customers can also enjoy additional benefits like a Visa or MasterCard credit card free of charge for a year. They can also apply for a loan of up to KD 70,000 with a repayment period of 15 years, or a consumer loan of up to KD 25,000.

Salary Account Draws

Gulf Bank conducts monthly and annual Salary Account draws, in which all salaried customers who transferred their salaries to Gulf Bank in 2018, 2019, 2020 and 2021 are automatically enrolled. During the monthly draws, Salary Account customers have the chance to win a prize of up to 12 times their salaries and can even win up to 100 times their salaries in the annual draw.

It is worth noting that Gulf Bank is the only bank in Kuwait that offers its salaried customers the opportunity to win sums of these amounts on a monthly and annual basis, as a reward for transferring their salaries to Gulf Bank.