23/09/2026
Gulf Bank Responds to Customer Demand and Extends the Deposit Period for the KD 1.5 Million Draw Until 30 November 2026
In response to customer demand, Gulf Bank has announced changes to the schedule of the AlDanah Millionaire Account grand-prize draw for KD 1.5 million. The deposit and qualification period has been extended until 30 November 2026, instead of 30 September 2026.
The Bank also announced that the grand-prize draw will be brought forward to 4 February 2027, ahead of the Holy Month of Ramadan, instead of 10 February 2027. This is in line with the governance and transparency standards applied to AlDanah Millionaire Account draws, which are conducted under the supervision of global audit firms RSM and Grant Thornton and broadcast live across Gulf Bank's social media channels.
Gulf Bank confirmed that the extension of the deposit and qualification period follows requests from customers who expressed an interest in having more time to grow their balances and savings and increase their chances of winning the grand prize, one of the largest cash prizes offered in Kuwait's banking sector.
Gulf Bank noted that the AlDanah Account continues to reinforce its position as one of the leading savings accounts in Kuwait's banking market, offering exceptional winning opportunities and competitive benefits that encourage customers to grow their savings and achieve their long-term financial goals.
The Bank encouraged customers looking to increase their chances of winning to benefit from the extended period through 30 November 2026 by growing and maintaining their AlDanah balances. Every increase in a customer's balance helps enhance their eligibility and chances of winning the grand prize.
The AlDanah Millionaire Account is one of Gulf Bank's flagship savings products, offering customers exceptional opportunities to win significant cash prizes. It reflects the Bank's continued commitment to promoting a culture of saving and delivering rewarding banking experiences, while providing valuable opportunities that help customers fulfil their aspirations, achieve their ambitions, and improve their quality of life. This further reinforces Gulf Bank's position as a trusted partner that supports all segments of society.
AlDanah customers enjoy a wide range of benefits. It is the only account in Kuwait that carries forward unused draw chances from one year to the next, as part of a program designed to reward customers for their loyalty to Gulf Bank. The minimum balance required to enter all draws is only KD 200, giving customers more opportunities to participate in draws throughout the year, including the grand-prize draw.
Customers' chances of winning increase as their savings grow and remain in the account for longer, through a distinctive loyalty program that enhances the customer experience. The account also offers full flexibility to deposit and withdraw funds at any time, while customers remain eligible to participate in draws in accordance with the approved terms and conditions.
Gulf Bank concluded by reaffirming its commitment to offering innovative savings programs and competitive benefits that enhance the customer experience and provide exceptional opportunities to win valuable prizes, alongside comprehensive banking services that meet customers' evolving needs and support their future financial plans.