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*

  • Automatic enrollment in the best and fastest rewards program 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

  • WhatsApp service and 24/7 Customer Contact Center available at 1805805

  • Discounts at select merchants and restaurants in Kuwait

  • Free SMS alert with every transaction

  • A free safety deposit box (first year only)

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 the 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 three options below:
      • 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 the Ministry of Education (including teachers)
    • Minimum salary of KD350 for loans 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 3 years with an option of a 6-month 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 2 years
    • Free for life Mastercard World (based on KD5,000 yearly spend)

    Safety deposit box
    • A free safety deposit box (first year only) for new customer accounts

    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 aged 60+
    • Allowance-only transfers
  • Draw eligibility:

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

Terms & Conditions

  • The salary package is exclusively designed for Kuwaiti citizens

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

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

    • Allowance-only transfers
    • Kuwaitis with a basic salary less than KD500 (allowances are required to be transferred for salaries above KD350 and below KD500)
  • Gulf Bank reserves the right to recover the salary transfer cash gift by deducting it from the account in case of:

    • The customer closing the account within 12 months from the account opening date
    • Not receiving salary in the account for 6 consecutive months
    • If the customers decide to apply for the interest-free loan after they have received the cash gift
  • Gulf 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

  • Gulf Bank employees and their relatives of the first and second degree are excluded from the draw

Tools & Calculators

Currency Converter
AlDanah Chances
Loan Calculator
Term Deposit Calculator
Wealth Loan Calculator