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.

As a young adult between the ages of 15-25 years old, you‘re on a crazy cool journey of juggling your studies, social life, and soul searching. With that naturally comes your calling for independence.

red is more than a debit card and offers more than what meets the eye. With discounts at stores and restaurants, a chance to win 12x your student allowance PLUS cash back every month, it’s pretty clear - red suits you 😉



  • Free prepaid card for any new red account opened.
  • A chance to win 12 x your student allowance in the annual draw.**
  • Get back 10% cash on your monthly spending; a KD20 extra when you need it most (15th of every month).*
  • Seasonal Popups on selective merchants each month.*
  • Special discounts using red at selected dinning outlets: click here
  • Special discounts using red at selective stores: click here



  • red savings accounts with interest.
  • A red branded MasterCard ATM debit card.
  • No minimum deposit is required to open a red account.
  • Free on spot digital banking registration: Online, Mobile and SMS service activation.
  • No minimum balance required.
  • Receive your money immediately to your account from any local bank account via SelfPay, Itunes and Google play.
  • Settle your mobile bills using our mobile banking application in the blink of an eye.
  • Access to ATM and ITM network in 52 branches.
  • Have questions? Ask our agent anything at any time with our Customer Contact Center at 1805805

Annual Draw

  • One winner wins 12 x their allowance**

    Date Draw
    April 19,2021 One winner 12 x allowance= KD 2,400

What do you need to open a red account?

  • Submit your Civil ID.

  • Transfer your student allowance.

  • Visit the nearest Gulf Bank branch or click here to apply.

Terms & Conditions

  • The draw only applies exclusively to red customers who transfer their student allowances.**

  • The annual draw prize is 12 times the student’s allowance while not exceeding KD2400/-.**

  • 10% cash back and seasonal pop ups apply exclusively to red customers who have transferred their student allowance.*

  • 10% cash back payments do not exceed KD 20/- monthly, and are always deposited in your red account on the 15th of the following month.*

  • The cash back value is calculated from a minimum of KD5 to KD200 maximum, using only POS. (This does not include ATM cash withdraws or online transactions.)*

  • This offer is only available for Kuwaiti students.*

  • Offer is valid until the 31st of March 2021.

  • Terms and Conditions Apply

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