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What Do You Need to Open a neo Account?
Simply bring the civil IDs of both father and child to get started.
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Who can open NEO?
neo is designed for fathers to open for their children, from the day they are born until they turn 14.
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Can the designated employee have any access to the account?
You will immediately get a notification by email to confirm the receipt of your application.
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What is the interest rate for neo account?
Neo Account is a savings account with interest at (0.0250%).
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Where can I get a list of ATM locations?
With more than 250 ATMs in Kuwait, you are never far from any Gulf Bank ATM machine. Please click on the branch locator to find the one nearest to you.
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Will I still be eligible for the upcoming draws if my account becomes dormant?
If your account becomes dormant, this will not affect your chances, and yes, you will still be eligible to enter all the draws. Terms and conditions apply.
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Interest Rates
Effective from 11/12/2025 Terms and conditions apply. Tenor Deposit Amount (in KWD): 5,000 - 49,999 50,000 - 249,999 250,000 - 999,999 1,000,000+ 3 Months 3.2500% 3.2500% 3.2500% 3.2500% 6 Months 3.3750% 3.3750% 3.3750% 3.3750% 12 Months 3.5000% 3.5000% 3.5000% 3.5000% Tenor 25,0...
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