Who is it for?

  • The offer is valid to only Kuwaitis working in the below Oil Sector companies:

    • Equate
    • Kuwait National Petroleum Company (KNPC)
    • Kuwait Oil Company (KOC)
    • Kuwait Petroleum International (KPI)
    • Kuwait Integrated Petroleum Industries Company (KIPI)
    • Kuwait Petroleum Company (KPC)
    • Kuwait Gulf Oil Company (KGOC)
    • Kuwait Foreign Petroleum Exploration Company (KUFPEC)
    • Kuwait Oil Tankers Company (KOTC)
    • Petrochemical Industries Company (PIC)

  • Minimum salary of KD350 for loan and credit cards

  • Minimum salary of KD500 for cash gift


  • Customer can avail Instant cash gift of KD100 and interest–free loan up to KD 15,000 for two years

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

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

  • Consumer loans up to KD 70,000 with a repayment period of 15 years*

  • Consumer loan up to KD 25,000*

  • Free for life Master World, based on KD 5,000 yearly spend

  • Automatic membership in the best and most rewarding loyalty program in Kuwait with Gulf Bank Credit Cards*

  • Gulf Bank representation in all major Kuwaiti Auto Showrooms

*Subject to the Rules and Regulation of Central Bank of Kuwait and Gulf Bank Credit Approvals.


  • Secure banking services through Online Banking and Mobile Banking app

  • A chance to become a Millionaire by opening Al Danah account

  • Free Customer Contact Center available 24/7 at 1805805

  • Discounts at selected merchants and restaurants in Kuwait

  • Free SMS for your banking transactions

  • Receive funds immediately to your account from any local bank account via Self Pay

  • Settle your mobile bill via Pay Bills

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


  • Valid for salaries transferred up till December 31st 2019

  • Offer is open to new Oil sector recruits

  • New salary Kuwaiti Customers working in the Oil Sector (who earn a salary of KD 500 and above) are eligible for up to KD 100 cash gift upon first salary transfer to Gulf Bank. Except for:

    • Non-Kuwaiti customers
    • Customers who receive solely an allowance
  • Kuwaiti salary customers will receive the cash gift during the 2nd week of the following month upon the first salary transfer to Gulf Bank

  • 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
    • Not receiving salary in the account for six consecutive months
    • If the customer decides to apply for the interest free loan after he has received the salary cash gift
  • The Bank shall not be under obligation to issue clearance certificate to the Customer in the above cases unless the Customer pays back the cash gift to the Bank, in the event of not enough balance is available in the account

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

This offer is licensed by Ministry of Commerce under license 316/2018 – 2460/2018 – 1503/2019

Tools & Calculators

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