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How does a Term Deposit work?
A term deposit offers high rates of interest and security for a fixed term.Interest rates differ - they depend on the term and amount of the deposit.
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When are the draws held? Also, can customers attend the draws?
The draw schedule varies every year. Please refer to the draw schedule for draw dates this year. Yes, customers can attend the draws upon the Bank’s invitation.
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- AlDanah
Non-Cash Facilities
Letters of Guarantee For business activities that require a Bank Guarantee, to meet any obligations. Letters of Credit To facilitate your trading activities and help secure payment of your receivables.
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How are the draws conducted?
The draws are conducted in the presence of a representative from CBK Grant Thornton and external Auditor RSM supervises the entire process. All eligible accounts are entered into the program which ran...
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- AlDanah
How to earn Cashback rewards?
Minimum spend of KD 100 monthly is required to qualify for CashbackGrocery and SupermarketsCash SpendsCashbackKD 0 to KD 1002%KD 101 to KD 3005%KD 301 and above10%Maximum Cashback amount – KD 30 per m...
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- Gulf Bank Cashback Program
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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