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Help & Support
FAQ
Alfouz Draw Account
The Alfouz Draw Account is a non-interest-bearing savings account that gives customers the opportunity to win cash prizes through regular draws.
|
Draw |
Monthly Salary Prize |
|
Weekly |
KD 1,000 for 1 year |
|
Monthly |
KD 2,000 monthly for 1 year |
|
Quarterly |
KD 3,000 monthly for 3 years |
|
Semi-annual |
KD 5,000 monthly for 5 years |
|
Annual |
KD 5,000 monthly for 10 years |
The account is available to Kuwaiti and non-Kuwaiti individuals, including both new and existing ABK customers.
Existing ABK customers can open an account through the ABK Mobile App or Online Banking. Customers can also visit any ABK branch or call Ahlan Ahli on 1899899.
A minimum balance of KD 200 is required to open the account.
You will receive one draw entry for every KD 10 maintained in your account.
Entries for the weekly, monthly and quarterly draws are calculated based on the account’s average balance during the previous month.
Entries for the semi-annual and annual draws are calculated based on the balances maintained during the applicable qualifying period.
- An average balance of KD 200 gives you 20 draw entries.
- An average balance of KD 5,000 gives you 500 draw entries.
Yes. Each account can receive a maximum of 100,000 draw entries, equivalent to a balance of KD 1,000,000.
Your qualifying entries accumulate for the semi-annual and annual draws, giving you more chances to win as you continue to save.
Yes, provided that the account meets the applicable draw requirements.
The prize will be paid in monthly instalments into your Alfouz Draw Account.
