Easy Pay Offers Gulf Bank Customers Flexible Payments for their Purchases at IKEA^® through 12-month installments and 0% interest.

 

Kuwait, 06 February 2022: Gulf Bank credit cardholders can enjoy a more flexible and convenient home furnishing experience with IKEA^® by taking advantage of Gulf Bank’s Easy Pay program. The program, which is the first of its kind in Kuwait, allows Gulf Bank credit cardholders to shop from any participating merchants and pay for their purchases in installments over the course of 12 months, with 0 percent interest.

 

IKEA^® is easing the process of designing dream homes for Gulf Bank customers by becoming one of the members in the Easy Pay merchant list. Through this feature, Gulf Bank is encouraging customers to use their credit cards more to enjoy special services and flexible payments.

 

"Gulf Bank is the first in Kuwait to implement this feature. Not only do we offer simpler and smarter banking experiences, but we also want to support our customers after their purchases, which is why we implemented the Easy Pay feature that includes over 100 merchant outlets," says Mr. Mohammad AlQattan, General Manager of Consumer Banking. "IKEA^®, one of the well-known furniture stores, has now joined the program and is making it easier for Gulf Bank customers to decorate their dream homes at their own pace," he concludes.

 

"Our partnership with Gulf Bank will contribute to reach more people with great home furnishing solutions that are more affordable. With Easy Pay, our customers will have more flexible ways to pay for their IKEA^® solutions at no extra cost, always enjoying an easy and exciting shopping experience whether they decide to meet us in store or online. This is another step towards Our Vision to create a better everyday life for the people of Kuwait", said Mr. Farid Karrat, Deputy CEO and CFO of IKEA^® AlHomaizi.

 

"Easy Pay" for Convenient Shopping

 

As one of Gulf Bank’s exclusive programs, "Easy Pay" aims to make the shopping experience that is much more convenient. With Easy Pay, Gulf Bank credit cardholders can shop from a variety of different merchants and pay for their purchases in installments over the course of 12 months, with 0% interest. For example, if a customer were to buy items worth KD 240 from a participating Easy Pay outlet, they would be billed KD 20 every month for 12 months at 0% interest and no processing fees. Easy Pay makes shopping easier at over 100 participating outlets both locally and abroad from a variety of different shopping categories including electronics, airlines, automotive, furniture, jewellery, and more.

 

Gulf Bank designed the Easy Pay program as part of its ongoing commitment to customer satisfaction and ensuring the Bank is meeting the needs and aspirations of their clients. The list of Easy Pay participating partners is thus carefully curated and selected according to Gulf Bank clients’ preferred shopping outlets. The process of enrolling any transaction at participating shopping outlets into Easy Pay is seamless. Customers can simply request Easy Pay at the merchant outlet prior to making their purchase, and do not need to submit any additional documents or call the bank. The cashier at the merchant outlet will then process the credit card transaction on the dedicated Easy Pay terminal, and the transaction will be automatically converted into Easy Pay. Customers can also avail multiple Easy Pay facilities on their credit cards at the same time.

 

To know whether your card is eligible for Easy Pay or not, send an SMS with the word "Easy" followed by the last 4 digits of your card number to 1805805. All Gulf Bank credit cardholders are included and the minimum purchase value is KD 50 at the participating outlets.

 

Highest Rewarding Cashback Program in Kuwait

 

With Gulf Bank, credit cardholders also enjoy the highest rewarding cashback program in Kuwait. Gulf Bank’s Cashback program is designed to add value to the shopping experience with cash rewards whenever cardholders spend using their Visa Platinum or Mastercard Titanium Cashback credit cards. Through the Gulf Bank Cashback program, cardholders can receive up to 10% cashback whenever they spend at any grocery, Co-ops and supermarket locations locally & globally, and up to 5% cash back whenever they use their credit cards at other outlets locally or globally, including shopping online through e-commerce websites.

 

Gulf Bank Rewards

 

Gulf Bank credit cardholders can also take advantage of the Gulf Points program, the fastest rewarding program in Kuwait. The program, which all Gulf Bank credit cardholders are automatically enrolled into free of charge, gives cardholders valuable points to use with every transaction made using a Gulf Bank credit card, with the ability to earn even more points when using their credit cards abroad. Credit cardholders can redeem their points to avail a variety of benefits, including free airline tickets with most airlines and free hotel accommodation at over 300,000 hotels worldwide without blackout dates. In addition, credit cardholders can also earn airline miles with the airline of their choice. In the event that users do not have enough Gulf Points to complete the booking process, cardholders can choose to pay a portion of their bill using their Gulf Bank credit cards, earning even more Gulf Points in the process. Cardholders also get free travel insurance for themselves and their family upon redeeming their airline tickets.

 

Gulf Bank customers can also take advantage of the Gulf Dining program, which provides Gulf Bank credit cardholders with instant discounts of up to 25% at over 550 renowned restaurants and coffee shops outlets in Kuwait, with the ability to earn Gulf Points on all transactions. In addition, credit cardholders can also access the Gulf Promotions program, which allows Gulf Bank credit cardholders to avail instant discounts of up to 30% at over 300 retail outlets in Kuwait across a variety of segments, including travel, entertainment, health, beauty and lifestyle

 

Gulf Bank's vision is to be the leading Kuwaiti Bank of the Future. The Bank is constantly engaging and empowering its employees as part of an inclusive and diversified workplace in recognition of every employee’s role in delivering customer excellence and serving the community at large. With its extensive network of branches and innovative digital services, Gulf Bank is able to give its customers the choice of how and where to conduct their banking transactions, all while ensuring a simple and seamless banking experience. Gulf Bank is committed to maintaining a robust sustainability program at the community, economic, and environmental levels through sustainability initiatives that are strategically selected to benefit both the country and the Bank. Gulf Bank supports Kuwait Vision 2035 “New Kuwait” and works with the different relevant parties to achieve it.