NBK launches Al-Jawhara account with new benefits, increases total prizes to KD 5 million
The account currently offers the biggest number of million-worth prizes in Kuwait
KUWAIT: National Bank of Kuwait (NBK) always seems to offer customers a top-notch banking experience integrating top-notch products and services and exclusive, unmatched benefits and rewards. In this context, the bank has increased the total worth of Al-Jawhara Account prizes to KD 5 million.
NBK is launching Al-Jawhara Junior Draws for customers below the age of 21 with 7 winners with existing monthly draw (KD 1,000 for three winners and KD 500 for four winners) in addition to 1 winner of KD 10,000 prize with each grand prize draw, making the total worth of Al-Jawhara annual draws KD 5 million. Al-Jawhara customers below 21 will have the benefit of entering both Al-Jawhara Junior Draws and all Al-Jawhara current draws.
On the other side, NBK is introducing the exclusive new Al-Jawhara Saver Account, offering customers a bonus interest rate up to 1.5 percent for the first year, in addition to the chance to enter the monthly and grand draws if savings reach KD 5,000 and above. The bank is also offering customers who have been banking with it for more than two years double chances in case they were not eligible to earn the existing double chances.
Commenting on this, Mohammed Al-Othman Chief Executive Officer of Consumer & Digital Banking, at National Bank of Kuwait said: “NBK always seeks to offer customers an array of topnotch
products and services, complemented by exceptional rewards and benefits. Al-Jawhara Account is an instrumental part of our customer rewarding strategy while serving as a key tool to promote a savings culture and financial inclusion.”
“As we are always keen to boost the benefits and rewards provided to Al-Jawhara customers, we are introducing various enhancements including Al-Jawhara Junior Draws offering special prizes for the youth customers, making Al-Jawhara total earnings KD 5 million annually. We are also providing the new Al-Jawhara Saver
Account offering the combined benefits of interest and chances to enter Al-Jawhara draws to encourage savings,” he mentioned.
“NBK is committed to providing customers with an impeccable banking experience packed with exceptional rewards all year round. This comprises all segments according to their various expectations, which the bank is keen to learn about by being always in touch with them through multiple digital and other channels,” he noted.
NBK has already increased Al-Jawhara prizes by more than the double in early 2023, making it the