Al Danah Account Benefits, Gulf Bank Kuwait
Benefits
The chance to win cash prizes through out the year
Access to your money at all times
Deposit money into your account through ATM, Online, Telebanking, Branches and Event stands (In Malls etc.)
Deposit only ATM card
Free standing order from other Gulf Bank accounts into Al Danah
The longer the money is kept in the account the more chances you get to win
Year end chances for previous year will be added to the chances for all draws for existing customers, to award them for their loyalty provided they qualify for the draw and at no time in the year their balances drops below KD200 (e.g.: chances from the end of the 2009 year will be added to customer’s 2010 chances)
Features
Weekly Draw: KD1,000 (10 winners) – working days only
April Draw KD 125, 000, (1 winner) / June Draw KD250, 000 (1 winner) / September Draw KD500, 000 (1 winner) December Draw KD1,000,000 (1 winner)
If any of the working days are a holiday then number of Weekly winners will reduce based on the number of holidays for the week.
No weekly winner of the KD1,000 will win two prizes of KD1,000 each in the same week.
Opening Deposit
Minimum KD 200 is required to open an Al Danah account. Minimum account balance of KD 200 is required to enter the draw and to accrue chances (For all draw types).
Limitations
Al Danah accounts only
Minimum amount to open an account is KD 200
Customer receives one chance for every KD 100 every day
What are the new AlDanah Prizes?
| Prize | #Winners | Draw Date | Last Date to Deposit & Qualify |
|---|---|---|---|
| KD1,000 | 10 | Monthly* | 7 days before the draw |
| KD100,000 | 1 | April 13, 2023 | January 31, 2023 |
| KD1,000,000 | 1 | July 13, 2023 | March 31, 2023 |
| KD100,000 | 1 | October 12, 2023 | June 30, 2023 |
| KD 2,000,000 | 1 | January 18, 2024 | September 30, 2023 |
*Note: There will be no monthly draws in February 2023/ May 2023/ August 2023/ November 2023.
KD 2 charge per month will be applied if account balance drops below KD 200 in any given month.
*Terms and conditions apply, all Al Danah terms and conditions mentioned in the account opening form will apply
AlDanah… power your dreams!
The AlDanah Millionaire Account is the most popular draws and savings account in Kuwait since 1998. To celebrate the 25th anniversary of its inception, the grand prize for the AlDanah Millionaire Account has been increased to KD2,000,000, making it the biggest prize in Kuwait and in the world.
For the twenty-fifth year in a row, the AlDanah Millionaire Account is proud to have crowned two millionaires in the first two big draws of KD2,000,000, and the second with a value of KD1,000,000. This is in addition to the winners of two draws valued at KD100,000 each, and 10 winners in the monthly draws of KD1,000 each.
The AlDanah Millionaire Draw offers numerous opportunities to win valuable cash prizes throughout the year. It is a gift that carries hope and joy to all customers and amplifies their aspirations with Gulf Bank so they can soar to new heights.
What is the account opening criteria?
Minimum KD200 is required to open an AlDanah account and a minimum of KD200 is required to enter the draw and accrue chances (for all draw types).
How are the draws conducted?
The draws are conducted in the presence of a representative of the Ministry of Commerce and The Kuwait Ministry of Commerce supervises the entire process. All eligible accounts are entered in the program which randomly and electronically selects the winner after assigning respective chance values.
What happens if I win Al Danah?
If you win, the prize money will automatically be deposited in your account immediately within the next 2 business working days.
Does the Bank announce the names of the winners on an official site?
Yes, the Bank announces all the names of winners on its official website, in newspapers, and on social media.