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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

Gulf Bank announced the extension of the deposit and eligibility period for the grand prize draw of the Dana Millionaire account until November 30, 2026, with the draw date moved to February 2027 in response to customer demands.

Translated by Qiyas from القبس — Original source

Gulf Bank announced adjustments to the timeline for the Al Dana Millionaire Draw on the Grand Prize, valued at 1.5 million Kuwaiti dinars. The deposit and qualification period for participation in the draw has been extended until November 30, 2026, instead of September 30, 2026. The bank also clarified that the date for the Grand Prize draw has 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 applied in organizing the Al Dana Millionaire Draw, which is conducted under the supervision of the global audit offices RSM and Grant Thornton, and is broadcast live via Gulf Bank’s social media channels.

The bank confirmed that the extension of the deposit and qualification period came in 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 Al Dana account continues to solidify its position as one of the most prominent 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 Al Dana account, emphasizing that every increase in the balance contributes to raising the chances of qualification and winning the Grand Prize. The Al Dana Millionaire Account is one of the most prominent savings products offered by Gulf Bank, providing customers with exceptional opportunities to win large financial 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 position as a trusted partner and supporter of various societal segments.

Al Dana account holders enjoy numerous benefits, 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 customers for their loyalty to Gulf Bank. It is also distinguished by its low minimum participation threshold for all draws, which is just 200 Kuwaiti dinars, offering greater opportunities to participate 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’s eligibility to participate in draws continues in accordance with 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 and provide exceptional opportunities to win valuable prizes, alongside benefiting from comprehensive banking services that align with their aspirations and support their future financial plans.

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