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Gulf Bank Extends Deposit Period for Participation in 1.5 Million Dinar Draw Until November 30

Gulf Bank Extends Deposit Period for Participation in 1.5 Million Dinar Draw Until November 30
Qiyas summary

The deposit and eligibility period for the grand prize draw has been extended until November 30, 2026.

Translated by Qiyas from النهار — Original source

In response to customer demands, Gulf Bank announced adjustments to the timeline for the Dana Millionaire Account Grand Prize draw, which offers a prize of 1.5 million Kuwaiti Dinars. The deposit and eligibility period for participation in the draw has been extended until November 30, 2026, instead of September 30, 2026. The bank clarified that the date for the Grand Prize draw has also been brought forward to February 4, 2027, prior to the start of the holy month of Ramadan, replacing the original date of February 10, 2027. This change aligns with the best governance and transparency practices governing the Dana Millionaire Account draws, which are conducted under the supervision of global audit firms RSM and Grant Thornton and are broadcast live via Gulf Bank’s social media channels.

The bank confirmed that the extension of the deposit and eligibility period was a response to requests from many customers who expressed their desire for a longer period to increase their balances and savings, thereby enhancing their chances of winning the Grand Prize, which is one of the largest cash prizes offered in the Kuwaiti banking sector. Gulf Bank noted that the Dana Account continues to solidify its position as one of the leading savings accounts in the Kuwaiti banking market, thanks to the exceptional profit opportunities and competitive advantages it offers, encouraging customers to grow their savings and achieve their long-term financial goals.

The bank urged customers wishing to increase their chances of winning to take advantage of the new extension period until November 30, 2026, by boosting their balances and maintaining their savings in the Dana Account, emphasizing that every increase in balance contributes to raising the chances of eligibility and winning the Grand Prize. The Dana Millionaire Account is one of the most prominent savings products offered by Gulf Bank, providing customers with exceptional opportunities to win large cash prizes. This reflects the bank’s ongoing commitment to promoting a savings culture and delivering distinguished banking experiences, alongside providing valuable opportunities that help customers realize their aspirations and improve their quality of life, thereby reinforcing the bank’s status as a trusted partner and supporter of various societal segments.

Dana Account customers enjoy numerous advantages, most notably being the only account in Kuwait that allows unused winning opportunities to be carried over from one year to the next, as part of a program designed to reward customer loyalty to Gulf Bank. It is also distinguished by its low minimum deposit requirement for participation in all draws, which is only 200 Kuwaiti Dinars, enabling greater participation in various draws throughout the year, including the Grand Prize draw. The chances of winning increase as the value of savings rises and the duration of holding them extends, within a distinguished loyalty program that enhances the customer experience. The account also offers full flexibility for deposits and withdrawals at any time, while the customer remains eligible to participate in draws according to the approved terms and conditions.

The bank concluded by reaffirming its commitment to continuing to offer innovative savings programs and competitive advantages that enhance the customer experience, provide exceptional opportunities to win valuable prizes, and allow customers to benefit from comprehensive banking services that meet their aspirations and support their future financial plans.

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