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.

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 😉

Benefits

Benefits

  • 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

Features

Features

  • 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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