Winner of 2020 Salary Account draw claims cash prize of 100 times his salary

Kuwait, 18 February 2021: Gulf Bank welcomed the grand draw prize winner of the 2020 Salary Package, Saud Eid Amer Alotaibi, at the Bank’s main branch. During the course of the winner’s visit, the representatives of senior management at Gulf Bank, handed the winner his cash prize of 100 times his salary.

Gulf Bank held the draw last Thursday at Kuwait Pulse FM 88.8 in the presence of a representative each from the Ministry of Commerce and Ernst & Young.

Regarding the visit, Mr. Mohammad Al-Qattan, General Manager of Consumer Banking at Gulf Bank, said: “We are very pleased to receive Mr. Saud Eid Amer Alotaibi, the lucky customer who won the Gulf Bank’s annual Salary Account draw prize for 2020. We would like to remind customers that they are still eligible to participate in next month’s Salary Account draw for the chance to win a cash prize worth 12 times their salaries, and that they are also eligible to win next year’s annual grand draw prize.”

This year, Gulf Bank’s Salary Account is offering clients a wide range of exclusive offers, including the ability to choose between an interest-free loan, a cash prize of KD200 Kuwaiti Dinars, or a free credit card, with these offers being valid for workers in both the public and private sectors. Gulf Bank is also providing special offers for frontline workers in appreciation of their continuous efforts in combating the pandemic.

Frontline Workers Salary Package

Gulf Bank recently tailored a special offer for employed Kuwaiti frontline workers who wish to transfer their salaries to Gulf Bank. Upon transferring their salaries, these clients will immediately receive a set of benefits, including a cash gift of KD 200, or an interest-free loan of up to KD 10,000 or a special car loan offer from approved showrooms. They will also be eligible to receive a Visa or MasterCard credit card with all annual fees waived for the first year, a free MasterCard World card (upon KD 5,000 expenditure). The frontline offer also consists of other benefits, including a free safety deposit box for a period of one year upon opening the account, free concierge services, preferential FD rates, and a customer segment upgrade. The new frontline offer is open to Kuwaiti employees working in the Fire Brigade, National Guard, Civil Aviation (including Kuwait Airways) and in the following Ministries: Health, Defense, Information and Interior.

Salary Package - Exclusive Offer

As part of the vast range of services and benefits available to Salary Account customers, Gulf Bank offers its clients the opportunity to choose the most appropriate benefits from a wide selection of attractive options.

With the 2021 Kuwaiti Salary Offer, new customers who transfer their salaries to Gulf Bank are automatically enrolled in the monthly draws, giving them the chance to win cash prizes of up to 12 times their salary. Customers are also enrolled in a yearly draw of Kuwait’s largest salary prize, a cash prize of up to 100 times the winner’s salary.

Gulf Bank’s Salary Account also gives new customers the opportunity to receive either a KD 200 cash gift upon transferring their salaries to Gulf Bank, or an interest-free loan of up to KD 10,000. Customers must have a minimum salary of KD 500 and are eligible for the offer following their first salary transfer to Gulf Bank.

Customers can also enjoy additional benefits like a Visa or MasterCard credit card free of charge for a year. They can also apply for a loan of up to KD 70,000 with a repayment period of 15 years, or a consumer loan of up to KD 25,000.

Salary Account Draws

Gulf Bank conducts monthly and annual Salary Account draws, in which all salaried customers who transferred their salaries to Gulf Bank in 2019, 2020 and 2021 are automatically enrolled. During the monthly draws, Salary Account customers have the chance to win a prize of up to 12 times their salaries and can even win up to 100 times their salaries in the annual draw.

It is worth noting that Gulf Bank is the only bank in Kuwait that offers its salaried customers the opportunity to win sums of these amounts on a monthly and annual basis, as a reward for transferring their salaries to Gulf Bank.