Announcement

Dear customers,

All Gulf Bank branches will be closed until Thursday April 9th, 2020. Click here to know about the operating branches and how you can still bank with us.

AlDanah is bigger...it is now a million and a half!

In recognition of your years of trust, we are rewarding our AlDanah account customers by increasing the annual grand prize to KD 1,500,000 deposited in one full payment to the account of the winner of the annual AlDanah draw.

AlDanah 2020 Prizes

With a minimum deposit amount of KD200, customers can enter the AlDanah draws shown in the below table:

Prize Amount # Winners Draw Date Last Date to Deposit & Qualify
KD 1,000 5 Weekly 2 days before the draw
KD 250,000 1 April 16, 2020 January 31, 2020
KD 250,000 1 July 16, 2020 March 31, 2020
KD 250,000 1 October 15, 2020 June 30, 2020
KD 1,500,000 1 January 14, 2021 September 30, 2020

Who is it for?

  • Kuwaitis and non-Kuwaiti residents

  • Customers must be at least 21 years of age (Minors follow the normal Minor’s Procedure)

Opening deposit

  • Minimum account balance of KD 200 is required to enter the draw and to accrue chances (for all draw types).

Loyalty chances

  • Loyalty chances are the total chances earned by existing customers in the previous year, which are added to their chances for the current year so as to reward them for their loyalty. Therefore, the total chances gained by existing customers in 2019 (from 1st January 2019 to 31st December 2019) have been added to their 2020 chances. However, customers will need to ensure that they qualify for the draw, and that at no point in time will their balances drop below KD 200

Benefits

  • Save more and save longer to earn more chances to win with AlDanah

  • Customer receives one chance for every KD 100 every day

  • Access to your money at all times

  • Chances accrued from 1st Jan 2020

  • All customers can find out their total chances through their online banking and mobile banking application and/or by contacting the customer contact center at 1805805

Features

  • Secure banking services through the Online Banking and Mobile Banking application

  • Free AlDanah Deposit Only ATM card, which allows account holders to deposit money into their accounts at their convenience

  • ‘AlDanah Chances’ calculator available on Gulf Bank’s website and app

  • Customer Contact Center available 24/7 at 1805805

  • WhatsApp service 65805805

  • Free SMS alert with every transaction

Charges

KD 2 charge per month
will be applied if account balance drops below
KD 200 in any given day of the month.

Notes

  • If your account balance falls below KD200 at any given time, a KD2 fee will be charged to your account on a monthly basis until your balance returns to the KD200 minimum again.

  • If there are no transactions on your AlDanah account for a 48-month period, your account will become dormant. However, this will not affect your chances, and you will still be eligible to enter all draws. Terms and conditions apply.

  • No salary or allowance transfer is allowed for this account type.

Terms & conditions

Tools & Calculators

Currency Converter
Al Danah Chances
Loan Calculator
Term Deposit Calculator