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25/01/2023

Gulf Bank Offers Saving Accounts with Valuable Returns and Prizes

The Bank continues to raise awareness of the importance of saving as part of supporting the "Let's Be Aware" campaign.

  • AbdulMohsen AlNassar: We have kicked off 2023, the Year of Savings, with various activities to enhance the importance of saving in society.

As part of its efforts to encourage and motivate customers to save, and to instill the principles of sustainability in society, Gulf Bank provides its customers with many investment products that help them save and invest their money.

Corporate Communications Officer at Gulf Bank, AbdulMohsen AlNassar, said that for three consecutive years, Gulf Bank played a key role in supporting the “Let Be Aware” campaign through spreading financial culture within the community; hence why the year 2023 has been assigned as the Year of Savings.

AlNassar stated that since the beginning of 2023, Gulf Bank already began urging and educating various segments of society on the importance of saving through various activities; starting with the launch of the annual Gulf Bank calendar under the slogan “Always with you in the Year of Savings.”

Gulf Bank also creatively celebrated the grand prize winner of the Al-Danah Millionaire account through a comedic play titled “A Successful Deposit”, which was sponsored by the Bank and witnessed the participation of young, talented actors.

Gulf Bank provides customers with various products and services that help them save and achieve great returns – whether through winning numerous annual draws or obtaining returns through:

AlDanah Millionaire

AlDanah Millionaire account is the most popular draws and savings account in Kuwait since 1998 that offers numerous opportunities to win valuable cash prizes throughout the year. The draws include two grand prizes worth KD 1,500,000 and KD 1,000,000, two draws for the KD 100,000 prize and ten monthly draws for the KD 1,000 cash prize.

E-Savings Account

The E-Savings Account offers the best competitive interest rate on savings in Kuwait, enabling customers to open a savings account with a minimum of KD 250 to earn interest, and to transfer their monthly returns to an account of their choice.

Gulf Savings Account

This account is intended for individuals who want to save money with the possibility of accessing their funds when needed and is characterized with more flexibility, fewer restrictions and is accessible at all times. The minimum balance to earn interest on this account is KD 500.

Golden Investor Account

One of the advantages of this account is that it is available in Kuwaiti Dinars, US Dollars, British Pounds and Euros – offering a higher interest for every tier level increase. Interest is calculated on daily

basis and credited monthly, with no limitation on the number of cash withdrawals. The minimum balance to earn interest on this account is KD 500.

Gulf Bank’s vision is to be the leading Bank in Kuwait by encouraging its employees to work in an inclusive and diverse environment to provide excellent customer service and serve the community in a sustainable manner. Thanks to its wide network of branches and innovative digital services, Gulf Bank provides its customers with various options to process transactions – ensuring a simple and seamless banking experience.

Gulf Bank is also committed to supporting selected and strategically identified societal, economic, and environmental sustainability initiatives to fulfil Kuwait’s 2035 vision and is currently working with various entities to turn this vision into a reality.

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