Kuwait, 14 March 2021: Tomorrow, Gulf Bank will be holding two draws, as to thereby announce the AlDanah monthly draw winners for both January and February of this year. The Bank is set to announce a total of 20 lucky AlDanah account winners, who will each receive cash prizes of KD 1,000. Gulf Bank has also announced that the last chance to participate in this year’s semi-annual AlDanah account draw is Wednesday, March 31 for the chance to win a millionaire prize of KD 1,000,000.

Gulf Bank’s General Manager of Consumer Banking, Mohammed Al-Qattan, commented: “Gulf Bank recently announced its new draw scheme for the AlDanah account, adding yet another 1 Million KD as a semi-annual prize, in addition to the grand annual prize of 1.5 Million KD. In addition to the chance to become one of our two millionaires of the year, AlDanah account holders are also eligible to enter the monthly draws, which we are excited to be starting tomorrow. We are wishing all our AlDanah clients the best of luck tomorrow! I would also like to remind all Gulf Bank customers of this opportunity, and to encourage everyone to participate by opening and depositing into an AlDanah account online through the Gulf Bank app, or by visiting one of our many branches throughout the country."

The AlDanah account is one of the most rewarding savings accounts in Kuwait, with its periodic draws that award valuable prizes and its many advantages for account holders. Gulf Bank’s AlDanah account offers monthly opportunities to win KD 1,000 to ten lucky winners, in addition to two quarterly draws with KD 100,000 prizes each, a semi-annual draw prize of KD 1,000,000 and a grand draw prize of KD 1,500,000.

Numerous Benefits

The AlDanah account is the only account that rewards customers for their loyalty by providing loyalty chances. Loyalty chances are the total chances gained in the previous year, which are then transferred to the current year to reward customers for their loyalty to the Bank.

Accordingly, all chances gained by existing AlDanah customers in 2020 (from January 1 to December 31, 2020) have been transferred to the 2021 draws. It is also worth noting that all account draws are attended by a representative from the Ministry of Commerce and Industry, with the quarterly and annual draws also reviewed by Ernst & Young.

Customers can deposit to win AlDanah cash prizes throughout the year as part of the draws listed in the following table:

To increase their chances of winning, account holders must either keep their account with a minimum deposit amount of KD 200, or increase their AlDanah savings — the more deposits into an account, the more chances accumulated over time. Gulf Bank’s AlDanah account holders also have the opportunity to enter and win cash prizes all year long through monthly, quarterly and annual draws.

Opening an AlDanah Account

To enter the upcoming draws, Gulf Bank customers can open an AlDanah account today with only KD 200. To open an AlDanah account, existing Gulf Bank customers can apply through Gulf Bank’s online and mobile banking services, or book an appointment at their nearest branch by using the new “Visit Gulf Bank” app for a faster and more convenient branch visit. New customers can also open an AlDanah account by visiting their nearest Gulf Bank branch or by scheduling an appointment through the app.

Deposit More for More Chances to Win!

With Gulf Bank, depositing into an AlDanah account is easier and more secure than ever, as clients can deposit into their accounts through the following channels: Online/Mobile Banking App which includes the ePay service, ATMs and ITMs, the Customer Contact Center at 1805805 which is available 24/7, in addition to the free standing order service from other Gulf Bank accounts.

Gulf Bank’s AlDanah account is open to both Kuwaiti and non-Kuwaiti residents of Kuwait. A minimum of KD 200 is required to open an account and the same amount must be maintained for customers to be eligible for the upcoming AlDanah draws. If the customer’s account balance falls below KD 200 at any given time, a KD 2 fee will be charged to the account monthly until the minimum balance is met.Customers who open an account and/or deposit more will enter Gulf Bank’s AlDanah draws throughout the year, for cash prizes totaling up to more than KD 2 Million.