Who is it for?

  • Newly recruited first time employees/professionals
  • Kuwaitis earning a salary of KD350+
  • Working in the government, private, or oil sector

Benefits

  • Instant KD100 cash or interest–free loan up to KD10,000
  • Multiple chances to enter the 3 quarterly draws (1 winner for each draw to win KD25,000)
  • Multiple chances to enter the annual draw to win KD250,000 (1 winner)
  • Loans up to KD70,000 with a repayment period of 15 years*
  • Consumer loan up to KD15,000*
  • Credit Card with no fee for the first year*
  • Automatic membership in the best and fastest rewards program in Kuwait with Gulf Bank Credit Cards*
  • Presence in over 17 car showrooms
  • Free Access to the Gulf Bank Entertainer application which is a mobile and Geo-Locator application that provides Credit Card customers with ‘buy one get one free’ offers in the form of digital vouchers in Kuwait, UAE and London

Features

  • Secure banking services through Online Banking and Mobile Banking app
  • A chance to become a Millionaire by opening Al Danah account
  • Free Customer Contact Center available 24/7 at 1805805
  • Discounts at selected merchants and restaurants in Kuwait
  • *Subject to the Rules and Regulation of Central Bank of Kuwait and Gulf Bank Credit Approvals

Charges

  • KD2 for a 25 page cheque book
  • KD3 for a 50 page cheque book

The draws:

DrawPrizeDate
Q1 DrawKD 25,000 cash08 May 2017
Q2 DrawKD 25,000 cash07 August 2017
Q3 DrawKD 25,000 cash06 November 2017
Annual DrawKD 250,000 cash08 February 2018

Eligibility:

  • Offer is open to new recruits and salaried customers transferring from other banks
  • Gulf Bank existing salaried customers enter the draws automatically
  • Existing customers get 1 chance and new customers get 3 chances
  • The offer is valid up to 31st of December 2017
  • New salary Kuwaiti Customers (who earn a salary of KD 500 and above) are eligible for KD 100 cash gift upon first salary transfer to Gulf Bank, except for:
    • Kuwaiti retirees over the age of 50
    • Non-Kuwaiti customers
    • Customers who receive solely an allowance
    • Staff and First degree relatives
  • Cash gift will be deposited after three weeks from the first salary transfer to Gulf Bank
  • The Bank reserves the right to recover the salary transfer cash gift by deducting it from the account in case of:
    • Closing the account by the Customer within 12 months from the date of opening it
    • Not receiving salary in the account for six consecutive months
    • If the customer decides to apply for the interest free loan after he has received the salary cash gift of KD100
  • The Bank shall not be under obligation to issue clearance certificate to the Customer in the above cases unless the Customer pays back the cash gift to the Bank, in the event of not enough balance is available in the account

This offer is licensed by Ministry of Commerce under license 2029/2016 and 36/2017

Kuwaiti Salary Package

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