• The more money you keep in the account, the more interest we pay.
• Our interest rates on this savings account are one the highest in Kuwait.
• Competitive tiered interest rates depending on the account balance.

Kuwaitis and non-Kuwaiti residents whose age is 21 or older. Minors follow the normal Minor’s Procedure.

You will receive your ATM card within 2 to 3 working days.

Below are some points on the partnership between Gulf Bank and the National Fund, and how the Business Loan will be carried out:

• The facilities will be directly disbursed to the applying company’s account as one loan.
• Gulf Bank will contribute by 20% of the loan amount while the National Fund will contribute with the remaining 80%.
• The maximum tenor of the loan will be 7 years, with Gulf Bank’s portion being settled within a maximum of 5 years, leaving an additional 2 years for only the settlement of the National Fund’s portion.
• Maximum facility amount to reach KD 500,000, with Gulf Bank’s maximum lending capacity to reach KD 100,000 per applicant, and the fund’s maximum lending capacity to reach KD 400,000 for the same applicant.
• The National Fund will be subject to a flat rate of 2% throughout the entire tenor of the loan, while Gulf Bank’s portion will be subject to normal rates of CBK+4% for long term loans.
• The loan repayment will start immediately for Gulf Bank’s portion, with a grace period of one year for the fund’s portion only.
• Installment will increase in month 13, which is when the fund’s portion starts getting repaid; simultaneously with Gulf Bank’s portion. Moreover, installment will decrease in month 60 after which the Gulf Bank portion has been fully repaid.

The discount is not valid in conjunction with any other promotion or special days.

Although, the merchants, at their discretion, can offer discounts on these days.

There are different limits for the consumer loans and housing loans. The maximum borrowing amount for consumer loans is up to 25,000 KD or 25 times net salary whichever is less, and the maximum borrowing amount for installment loans is up to 70,000KD. Subject to Gulf Bank credit policy.

You can earn points by simply using your Gulf Bank credit cards (Excluding Internet, Cashback and Prepaid Cards) locally and internationally for purchases over point of sale machines and internet.

There are a number of new; enhanced and unique features that have been implemented to the new Mobile Banking app. Listed below are a few:

• You can now login, authorize transactions with the new biometric authentication which involves facial recognition in addition to Touch ID capture.
• You can process ad-hoc transfers, where you don’t have to save a beneficiary prior to initiating a transfer.
• Upon completing the transfer, you may decide to save the beneficiary or not.
• Where IBAN is mandatory, upon entering the correct IBAN, the beneficiary bank details like name, address, are populated automatically. You will only need to enter the beneficiary name and your contact number to proceed with the transaction.
• You may print or share information like IBAN, transfer receipt, and others.
• Open accounts like Al Danah and E-Savings.
• Apply for Debit/ATM card.
• Redeem Gulf Rewards points; and others.

‘Gulf Dining’ provides you with various discounts and privileges at reputable restaurants & coffee shops in Kuwait when using Gulf Bank Credit Cards.

All what you need is your Civil ID, and a minimum deposit of KD 200.