Announcement

Dear customers,

Based on decision of Council of Ministers, all our branches will be closed until further notice.

Click here to know how you can still bank with us.

We hope you are staying safe.

Who is it for?

  • red is an account for High school, College and University students between the age of 15-25 years old.

Benefits

  • Special discounts with red at selected dinning outlets: click here

  • Special discounts with red at selective stores: click here

Features

  • No minimum balance fee charges.

  • Savings accounts with interest.

  • Branded MasterCard ATM card.

  • No minimum deposit is required to open a red account.

  • Free SMS.

  • Secure Online and Mobile Banking services.

  • Receive funds immediately to your account from any local bank account via SelfPay.

  • Settle your mobile bill via Pay Bills.

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

  • Access to a large ATM network all over Kuwait.

  • Free Customer Contact Center available 24/7 at 1805805

What do you need to open a red account?

  • Transfer your student allowance.

  • Submit your Civil ID.

  • Visit the nearest Gulf Bank branch or apply here.

Terms & conditions

Amount less than KD20 cannot be transferred online

Your Answered Questions

Go To All FAQs
What paperwork is required for me to open my red account?
What if I am an employee and a student at the same time?
What other transaction do you provide with the red ATM card?
What is the percentage rate of the monthly interest payments?

Tools & Calculators

Currency Converter
Al Danah Chances
Loan Calculator
Term Deposit Calculator