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 an end, the chance to deposit and join the yearly grand draw for the AlDanah account, with the possibility of winning the impressive KD 2 million grand prize, is reaching its conclusion. The countdown has commenced, building anticipation for the eagerly awaited announcement of the fortunate winner on January 18, 2024.

Following Gulf Bank's decision to raise the annual grand prize for the AlDanah Millionaire account from KD 1,500,000 to KD 2,000,000 last May, the bank has been actively engaging with the public in various malls, particularly The Avenues and 360 Mall. They are extending a warm welcome to individuals interested in opening an AlDanah account before the depositing and participation deadline.

In celebration of its 25th anniversary and in alignment with its commitment to rewarding customers, Gulf Bank elevated the value of the annual grand prize for the AlDanah Millionaire account to KD 2,000,000. This maintains the prestigious status of the prize as the largest cash prize associated with a bank account globally.

This adjustment to the AlDanah Millionaire Draw schedule, initiated in 1998 and now in its twenty-fifth year, introduces two grand draws annually. This includes the annual grand draw of KD 2 million and a semi-annual draw of KD 1 million. Additionally, there are two draws with a prize of KD 100,000 each, along with 10 winners in the monthly draws receiving KD 1,000 each.

Conditions for participation are inclusive, open to both Kuwaitis and expatriates. To open an AlDanah account, customers must maintain a minimum balance of KD 200. By keeping this balance, they automatically qualify for upcoming AlDanah Millionaire draws. If the balance falls below KD 200, a monthly deduction of KD 2 will be applied until the minimum balance is restored. Opening a new account or depositing additional funds automatically makes customers eligible for the AlDanah draws.

Gulf Bank encourages AlDanah customers to enhance their chances of winning by increasing deposited amounts through the convenient online payment service available on the bank's website and mobile application.

The AlDanah Millionaire account, a well-established savings account in Kuwait since 1998, seeks to cultivate a culture of savings within the community and acknowledge customers for their unwavering dedication to saving. Gulf Bank extends an invitation to everyone to open an AlDanah account, engage in regular saving practices, and experience the diverse benefits it provides to its customers.

Numerous Advantages

AlDanah Millionaire account holders experience numerous advantages, and a notable feature is the account's exclusive capability to roll over chances of winning from the prior year to the following year. This is a component of a program crafted to recognize and reward customers for their steadfast loyalty to Gulf Bank. All winning opportunities retained by current AlDanah customers during 2022 (spanning from January 1 to December 31, 2022) have been integrated into the 2023 draws, subject to the specified terms and conditions.

The AlDanah Millionaire Account offers various exclusive services, such as the AlDanah Exclusive Deposit Card, which enables customers to conveniently deposit cash. Furthermore, the Calculator service, accessible through the Bank's website (e-gulfbank.com/AlDanah) and the mobile app, empowers AlDanah customers to evaluate their chances of winning in the AlDanah Millionaire monthly, quarterly, and annual draws.

To enter the upcoming AlDanah Millionaire draws, customers are required to uphold the specified balance. They can choose from various options, such as visiting Gulf Bank branches, executing direct transfers via the online banking service, and using the WhatsApp service at 1805805 for immediate communication with Gulf Bank representatives. Alternatively, they can seek assistance by calling the customer service center on the same number. Comprehensive details about the account and updates on winners are available on the website.