Launching an enhanced Easy Pay service that allows credit card holders to pay for high-value purchases in installments with 0% interest

• Available to all customer segments and includes local and international purchases with a minimum of KD 300 value
• Mohammed Al-Qattan: Gulf Bank provides customers with a wide array of services and the best rewards points program in Kuwait

Gulf Bank has announced the launch of "Easy Pay Plus," an updated and enhanced version of the Easy Pay program which now enables Gulf Bank credit card holders to pay for high-value purchases in 12 monthly installments at 0% interest.

All Gulf Bank credit card holders, from all segments, can benefit from this special service, noting that Easy Pay Plus includes local and international purchases, with a minimum value of KD 300. The service applies only to purchases, and customers can contact the Gulf Bank Customer Contact Center to transfer their transaction to Easy Pay Plus.

For example, when a customer buys KD 600 worth of goods from a local or international store, they can transfer thetransaction to Easy Pay Plus through the Customer Contact Center and pay the amount in installments over 12 months at a value of KD 50 per month and a one-time fee of KD 2.

Gulf Bank’s General Manager of Consumer Banking, Mohammed Al-Qattan, stated that Gulf Bank’s new Easy Pay enhancement comes as part of a large package of services provided to customers; noting that the bank is constantly engaging with customers, exploring their needs, and working quickly to meet their requirements.

He also highlighted that Gulf Bank’s services represent a revolutionary leap in the customers’ experience and have achieved multiple milestones throughout 2022. Gulf Bank’s digital developments are part of its ongoing strategy, which aims to consolidate the Bank’s leading position as the Kuwaiti Bank of the Future, by providing customers with the best banking solutions and services.

Al-Qattan confirmed that Gulf Bank hasa robust digital and technological infrastructure that is considered one of the newest and best in the banking sector; making it a prime candidate for the introduction of world-renowned digital services, the most recent one being the introduction of "Apple Pay."

It is worth noting that Gulf Bank credit cardholders can also take advantage of the Gulf Points program, the fastest rewards program in Kuwait, which gives customers points that can be redeemed for flights (without being restricted to a specific airline), hotel accommodations at over 300,000 hotels worldwide, and seasonal and exclusive travel packages. Customers earn more points when spending abroad and reap rewards for every point earned when spending with their credit cards.

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’s 2035 vision “New Kuwait” and works with various parties to achieve it.