The AlDanah Millionaire Account's Annual Grand Draw Prize of KD 2 million

• 21st millionaire to win the largest prize in AlDanah draw history
• World's largest cash prize linked to a bank account
• Mohammad Al-Qattan: Our commitment lies in fostering a savings culture and providing an exceptional banking experience for our customers.

With representatives from the Ministry of Commerce and Industry and Ernst & Young in attendance, Gulf Bank will announce the grand prize winner in the annual draw for the Al Danah Millionaire account today, February 1, 2024, at 10:30 am. The announcement will be made during a live broadcast ceremony from Al-Shaheed Park, accessible through the bank's social media channels. This momentous occasion signifies the 21st millionaire in the history of Al Danah draws and holds particular significance as it announces the first winner following the increase in the prize's value to KD 2 million in 2023.

In celebration of this occasion, Mr. Mohammad Al-Qattan, General Manager of Consumer Banking at Gulf Bank, conveyed, "we are thrilled to broadcast this exceptional annual event to our customers, and we extend our best wishes to all eligible participants."

Highlighting the bank's commitment to rewarding customers, he noted that the annual grand prize for the AlDanah Millionaire account draw has been increased from KD 1.5 million to KD 2 million, solidifying its position as the world's largest cash prize linked to a bank account.

Al-Qattan explained that the annual draws for the AlDanah Millionaire account consistently result in the recognition of two millionaires in notable draws – one receiving KD 2 million and the other KD 1 million. Furthermore, two additional winners from separate draws each receive KD 100,000, and there are also 10 monthly draw winners, each receiving KD 1,000.

Emphasizing Gulf Bank's dedication to providing an exceptional banking experience and fostering a savings culture, Al-Qattan concluded by stating that the bank aims to solidify its leading position in Kuwait through the modification of the AlDanah account draw structure and the introduction of innovative products and services, in line with customer aspirations and needs.

Participation Conditions

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.

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.

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 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.