The prize amounts to KD 2 million, making it the world’s largest cash prize associated to a bank account

• On January 18, 2024, the annual Grand Draw will take place under the supervision of the Ministry of Commerce and Industry and Ernst & Young

As November comes to a close, the opportunity to deposit and enter the annual grand draw for the AlDanah account, offering a chance to win the grand prize of KD 2 million, is coming to a close. The countdown to the announcement of the lucky winner, scheduled for January 18, 2024, has begun.

In celebration of its 25th anniversary, Gulf Bank had previously announced the enhancement of the annual grand prize for the AlDanah Millionaire account, from KD 1.5 million to KD 2 million. Leading up to the deadline, Gulf Bank established a strong presence in prominent malls, including The Avenues and 360 Mall, to welcome individuals keen on opening an AlDanah account and entering the draw.

This update to the AlDanah Millionaire Draw – initiated in 1998 and now in its 25th year – guarantees the selection of two millionaires annually. The grand draw offers a prize of KD 2 million, while the semi-annual draw offers KD 1 million. Additionally, there are two draws with a prize of KD 100,000 each and 10 monthly draws with a prize of KD 1,000 each. Gulf Bank remains committed to rewarding its valued customers, ensuring its AlDanah Millionaire account retains its distinction as the world's largest cash prize associated with a bank account.

Participation Guidelines

The AlDanah Millionaire account is accessible to both Kuwaiti citizens and expatriates. To open the account, customers need to maintain a minimum balance of KD 200, ensuring they retain the same amount to qualify automatically for the upcoming AlDanah Millionaire draws. If the balance falls below KD 200 at any point, KD 2 will be deducted monthly until the minimum balance is reinstated. Customers who open a new AlDanah Millionaire account or add more funds, will be automatically entered into the AlDanah draws.

Gulf Bank encourages AlDanah customers to enhance their winning prospects by increasing their deposited amounts through the online payment service, accessible via the bank's website and mobile application.

AlDanah Millionaire stands as one of Kuwait's oldest savings accounts, crafted to instill a culture of saving within the community and reward regular savers for their commitment. We urge everyone to open an AlDanah account, save consistently, and enjoy the array of benefits it offers to customers.

Key Features

Among the many advantages provided to AlDanah Millionaire account holders, it distinguishes itself as Kuwait's exclusive account that carries over the winning chances from the previous year to the next, highlighting Gulf Bank's unwavering commitment to acknowledging and rewarding customer loyalty. All the winning chances of existing AlDanah customers in 2022 (from January 1 to December 31, 2022) have been extended to the 2023 draws, in strict adherence to the specified terms and conditions.

Additionally, the AlDanah Millionaire Account provides unique services, including the AlDanah Exclusive Deposit Card service, enabling customers to deposit cash at their convenience. The Calculator service, available on the Bank's website (e-gulfbank.com/AlDanah) and mobile app, allows customers to assess their winning probabilities in the AlDanah Millionaire monthly, quarterly, and annual draws.

To enter in the upcoming AlDanah Millionaire draws, customers customers are required to uphold the specified balance. They have the option to visit Gulf Bank branches in person, conduct direct transfers through the online banking service, utilize the WhatsApp service at 1805805 for immediate inquiries, communicate with Gulf Bank representatives, or contact the customer service center at the same number for assistance. Further information about the account and the winners can be found on the website.