Gulf Bank announces winners of the monthly Salary Package draw and annual Red account draw

Kuwait, 21 April 2021: Gulf Bank conducted its third monthly Salary Package draw of the year, announcing Somayah Awwad AlHuraiji as the lucky winner of a cash prize worth 12 times her salary. In addition, Gulf Bank also conducted its annual Red account draw, announcing Doha Ali AlMotairi as the winner of a cash prize worth 12 times the monthly student allowance.

The draws were held on Monday at local radio station, Q8 Pulse FM 88.8 in the presence of a representative from the Ministry of Commerce & Industry.

On this occasion, Mr. Mohammad Al-Qattan, General Manager of Consumer Banking at Gulf Bank, said: “We would like to congratulate the two lucky winners, Somayah Awwad AlHuraiji and Doha Ali AlMotairi, on winning 12 times their monthly salary and student allowance, respectively. Gulf Bank’s Red account is one of the most important accounts catering to our younger clients at the high school and university levels. The account currently offers its users a free prepaid card, and is the only account in Kuwait that provides 10% cashback on prepaid cards for the youth segment, in addition to the opportunity to win a cash prize worth 12 times the student allowance. We encourage high school and college level students to learn more about the Red account and its numerous benefits. We would also like to highlight the exclusive features of our Salary Account, as it is the only account in Kuwait that encompasses offers that are specifically tailored to our customers’ needs, in addition to the benefits that come with our monthly and annual draws with cash prizes up to 100 times the winner’s salary.”

Al-Qattan added, “At Gulf Bank, we make it a point to design products that meet the specific needs of our clients and provide them with the banking services they require. As part of the many ways we aim to reward our customers, Gulf Bank holds periodic draws for its clients — from Salary Account customers, to Red student account holders, to AlDanah account holders as a way to encourage a culture of saving. At Gulf Bank, customer loyalty will always be valued, and clients will always be supported and rewarded.”

Throughout 2021, Gulf Bank’s Salary Package offers clients a wide range of exclusive offers, including the ability to choose between an interest-free loan or a cash prize of up to 200 Kuwaiti Dinars, and a free credit card, with these offers being valid for workers in both the public and private sectors. Gulf Bank is also providing special offers for frontline workers in appreciation of their continuous efforts in combating the pandemic.

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). 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, 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 10,000. 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.

The Salary Package offer is available to employees working in the Ministry of Education, the oil sector, and Kuwaiti frontline workers working in various public sector agencies and institutions, in addition to workers in the Ministry of Defense, women working in the government sector, members of the army, and “Preferred” segment clients.

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 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.

Red Account

It is worth noting that the Red Account is a savings account for high school, college and university students who are between the ages of 15-25 years old. The account offers seasonal discounts at selected stores, and year-round discounts on various local shops and restaurants. As the most rewarding account for the youth segment, Red account holders who have transferred their student allowance also enjoy 10% cashback every month, with up to KD 20 credited into their accounts on the 15th of every month. The account also provides a distinctive “Red” branded MasterCard ATM debit card, along with free and on-the-spot digital banking registration, which activates the client’s online, mobile and SMS banking services. Account holders can access their money immediately from any local bank account via SelfPay, iTunes and Google Play, and settle their phone bills using Gulf Bank’s mobile banking application. For all of their banking needs, Red Account users can also access Gulf Bank’s ATM and ITM network spanning multiple branches across the country.