Al-Danah millionaire will take home the grand prize of KD 1 million

KUWAIT: Gulf Bank has announced October 31 as the last day for customers to open, or deposit into, an Al-Danah account and be eligible for the annual draw. This year’s annual Al-Danah draw will take place on January 16, 2020 and will culminate in the announcement of the 2019 Al-Danah millionaire, who will receive the grand prize of KD 1 million in one full payment.

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 Al-Danah 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 the daily draw within two days. To participate in this year’s quarterly and annual draws, customers must keep the balance required by the Al-Danah account. Terms and conditions apply.

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 at the end of the previous year, which are then transferred to the current year to reward the customer for their loyalty. In this way, all the total chances gained by customers who maintained KD 200 and above in 2018 were added to their 2019 chances as of January 2019. The same process will take place in 2020, in which customers’ chances from 2019 will be added to their 2020 chances, increasing the likelihood of winning one of the quarterly draws.

To deposit into an Al-Danah account, you can visit any one of Gulf Bank’s ATMs or ITMs, as well as any of the 58 Gulf Bank branches around the country. You also have the option to deposit through Gulf Bank’s online and mobile banking services, including Selfpay, or by creating a free standing order from other Gulf Bank accounts. Al-Danah also offers several unique services to its clients, including the AlDanah Deposit Only ATM card, which allows account holders to deposit money into their accounts at their convenience. Account holders can also calculate their daily, weekly and yearly chances of winning the draws through the ‘AlDanah Chances’ calculator available on the Gulf Bank website and app. You can also be notified via a free SMS alert with every transaction, a feature all Al-Danah account holders can activate by visiting their nearest branch.