Gulf Bank to announce Al-Danah account’s first quarterly draw winner of KD 100,000 tomorrow
KUWAIT: Gulf Bank will be conducting its first quarterly Al-Danah account draw of the year tomorrow, Thursday, April 15, 2021 to announce the lucky winner of the KD 100,000 prize. The quarterly draw will be held in the presence of representatives from both the Ministry of Commerce and from Ernst & Young.
Gulf Bank’s General Manager of Consumer Banking, Mohammed Al-Qattan, commented: “The moment we have all been looking forward to for three months is finally here! We are excited to soon announce the winner of Gulf Bank’s Al-Danah quarterly draw: the lucky customer who will receive the KD 100,000 prize. Although this is our first quarterly draw of the year, customers have a chance to win with an Al-Danah account year-round, with draws on a monthly, quarterly and annual basis! I would like to remind and encourage all Gulf Bank customers to save using an Al-Danah account, which they can open and deposit into online through the Gulf Bank app, or by visiting one of our branches. We’re wishing everyone the best of luck tomorrow!”
The Al-Danah account is one of the most rewarding savings accounts in Kuwait, with its periodic draws that award valuable prizes and its many advantages for account holders. Gulf Bank’s Al-Danah account offers monthly opportunities to win KD 1,000 to ten lucky winners, in addition to two quarterly draws with KD 100,000 prizes each, a semiannual draw prize of KD 1,000,000 and a grand draw prize of KD 1,500,000.
Numerous Benefits
The Al-Danah account is the only account that rewards customers for their loyalty by providing loyalty chances. Loyalty chances are the total chances gained in the previous year, which are then transferred to the current year to reward customers for their loyalty to the Bank. Accordingly, all chances gained by existing Al-Danah customers in 2020 have been transferred to the 2021 draws, and this will be repeated in 2022 onwards. Terms and conditions apply. It is also worth noting that all account draws are attended by a representative from the Ministry of Commerce and Industry, with the quarterly and annual draws also reviewed by Ernst & Young.
To increase their chances of winning, account holders must either maintain the minimum deposit amount of KD 200, or increase their Al-Danah savings - the higher the balances in an account, the more chances accumulated over time. Gulf Bank’s Al-Danah account holders also have the opportunity to enter and win cash prizes all year long through monthly, quarterly and annual draws.
Opening an Al-Danah Account
To enter the upcoming draws, Gulf Bank customers can open an Al-Danah account today with only KD 200. To open an Al-Danah account, existing Gulf Bank customers can apply through Gulf Bank’s online and mobile banking services, or book an appointment at their nearest branch by using the new “Visit Gulf Bank” app for a faster and more convenient branch visit. New customers can also open an Al-Danah account by visiting their nearest Gulf Bank branch or by scheduling an appointment through the app.
Deposit More for More Chances to Win!
With Gulf Bank, depositing into an Al-Danah account is easier and more secure than ever, as clients can deposit into their accounts through the following channels: Online/Mobile Banking App which includes the ePay service, ATMs and ITMs, the Customer Contact Center at 1805805 which is available 24/7, in addition to the free standing order service from other Gulf Bank accounts.
Gulf Bank’s Al-Danah account is open to both Kuwaiti and non-Kuwaiti residents of Kuwait. A minimum of KD 200 is required to open an account and the same amount must be maintained for customers to be eligible for the upcoming Al-Danah draws. If the customer’s account balance falls below KD 200 at any given time, a KD 2 fee will be charged to the account monthly until the minimum balance is met. Customers who open an account and/or deposit more will enter Gulf Bank’s Al-Danah draws throughout the year, for cash prizes totaling up to more than KD 2 million.
To deposit into an Al-Danah account, customers can visit one of Gulf Bank’s branches, or transfer directly through Gulf Bank’s Online/Mobile Banking services. Customers can also direct their queries via WhatsApp on 1805805 for round-the-clock assistance from Gulf Bank representatives, or call the Customer Contact Center on the same number. In addition, customers can visit the dedicated Al-Danah account website to learn more about the account and its winners.