Announcement

Extending our warmest wishes to you and your family on the occasion of this Holy Month, Gulf Bank branches working hours have been updated, for more details click here.

Who is it for?

  • Newly recruited first time employees/professionals

  • Kuwaitis earning a salary of KD350+

  • Working in the governmental, private, and oil sectors

Benefits

  • Instant KD200 cash gift or interest free loan up to KD10,000*

  • Monthly draw: A chance to win 12 times your salary

  • Yearly Draw: A chance to win 100 times your salary

  • Loans up to KD70,000 with a repayment period of 15 years*

  • Consumer loan up to KD25,000*

  • Credit Card with no fee for the first year*

  • Free for life MasterCard World - based on KD5,000 yearly spend.

  • Automatic membership in the best and fastest rewards program in Kuwait with Gulf Bank Credit Cards*

  • Presence in all major Kuwaiti car showrooms

*Subject to the Rules and Regulations of Central Bank of Kuwait and Gulf Bank Credit Policy

Features

  • Secure banking services through Online Banking and Mobile Banking app

  • A chance to become a Millionaire by opening an AlDanah account

  • Customer Contact Center available 24/7 at 1805805

  • WhatsApp service 1805805

  • Discounts at select merchants and restaurants in Kuwait

  • Free SMS alert with every transaction

  • A free safe deposit box (1st year only) upon salary transfer

This offer is licensed by the Ministry of Commerce under license: 2012101954, 2012102042

Tailored Packages

  • Who is it for?

    • The offer is only valid to Kuwaitis working in Fire brigade, National Guard, Civil Aviation (including Kuwait Airways) and in the following Ministries: Health, Defense, Information and Interior.
    • Minimum salary of KD350 for loan and credit cards.
    • Minimum salary of KD500 for cash gift.

    Offer
    • Customer can choose to receive one of the below three options:
      • Cash gift of KD200.
      • Interest free Loan up to KD10,000 based on a 40% I/I payable in 3 years.
      • Cash gift of KD500 when transferring salary through our Gulf Bank staff at car dealerships.
    • Free for life MasterCard World - based on KD5,000 yearly spend.

    This offer is licensed by the Ministry of Commerce under license: 2012102041

  • Who is it for?

    • Kuwaitis working in Ministry of Education (including teachers).
    • Minimum salary of KD350 for loan and credit cards.
    • Minimum salary of KD500 for cash gift.

    Offer
    • Customer can avail instant cash gift of KD200 or interest free loan up to KD10,000 based on 40% of I/I for three years with option of 6 months extension.
    • Free for life MasterCard World - based on KD5,000 yearly spend.

    This offer is licensed by the Ministry of Commerce under license: 2012102044

  • Who is it for?

    • Preferred customers.
    • Minimum salary of KD2,000.

    Offer
    • Customer can avail instant cash gift of KD300 or interest free loan up to KD15,000* for two years.
    • Free for life MasterCard World - based on KD5,000 yearly spend.

    Safe deposit box
    • A free safe deposit box (1st year only) for new account opening.

    This offer is licensed by the Ministry of Commerce under license: 2012101932

The draws

Draws Draw Prizes** Draw Dates
1st draw 12 x salary 11 February 2021
2nd draw 12 x salary 8 March 2021
3rd Draw 12 x salary 19 April 2021
4th draw 12 x salary 10 May 2021
5th draw 12 x salary 7 June 2021
6th Draw 12 x salary 12 July 2021
7th Draw 12 x salary 16 August 2021
8th Draw 12 x salary 13 September 2021
9th Draw 12 x salary 11 October 2021
10th Draw 12 x salary 8 November 2021
11th Draw 12 x salary 14 December 2021
Yearly Draw 100 x salary 9 February 2022

**The amount to be multiplied will be no more than KD1,000
This offer is licensed by the Ministry of Commerce under license: 2012102042

Eligibility

  • Offer is valid for new recruits and salaried customers transferring from other banks

  • The offer is valid till 31 December 2021

  • Draws apply exclusively to new Kuwaiti salaries excluding:

    • Retired Kuwaitis
    • Customers ages 60 and above
    • Allowances only transfers
  • Draw eligibility:

    • Minimum salary KD350
    • Salary should be transferred the month prior to the draw
    • Draws apply to new Kuwaiti salary customers transferring their 1st salary in 2019, 2020 or 2021

Terms & Conditions

  • The Salary Package is exclusively designed for Kuwaitis

  • Draws apply exclusively to new Kuwaiti salary customers who qualified and transferred their salaries during 2019, 2020 and 2021 only

  • New Kuwaiti customers will receive the cash gift during the 2nd week of the following month upon the first salary transfer, excluding:

    • Allowances only transfers
    • Kuwaitis with a basic salary less than KD500 (for salary above KD350 and below KD500, allowances required to be transferred)
  • 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 customers decide to apply for the interest free loan after they have received the cash gift
  • The Bank shall not be obligated to issue a clearance certificate to the Customer in the above cases unless the Customer pays back the cash gift to the Bank

  • Employees of Gulf Bank and their relatives of the 1st and 2nd degree are excluded from the draw

Tools & Calculators

Currency Converter
Al Danah Chances
Loan Calculator
Term Deposit Calculator