Banking, Finance, Insurance and Securities (BFIS) Smart Cards and other Access Control system

Kuwait Gulf Bank Tender

πŸ“„ Tender ID: 468409117 πŸ“… Published: 16 Dec 2021

πŸ“‹ Tender Overview

Gulf Bank has announced the launch of its Mastercard prepaid red plus card the first prepaid card with a cashback program targeting the youth segment in the Middle East. In a series of unique milestones Gulf Banks new red plus card offers red account customers the highest cashback program in Kuwait and it is also the first vertically designed Mastercard prepaid cashback card for the youth segment.As one of the most important banking accounts that caters to the Banks younger clients in high school and university Gulf Banks red account currently offers customers a free red plus prepaid card upon opening an account.At Gulf Bank we know how important tangible and unique rewards are for our youth segment said Mohammed Al-Qattan General Manager of Consumer Banking at Gulf Bank. Thats why we are proud to launch our new red plus card as not only the first Mastercard prepaid card with a cashback program dedicated for the youth but also the highest cashback program in Kuwait with 15 cashback. We would like to encourage new high school and college-level students to submit their applications for the red account and start taking advantage of the numerous benefits of red plus.Offers Exclusive FeaturesGulf Banks Deputy General Manager of Consumer banking Marketing Ms. Najla Aleisa said With a Gulf Bank red plus card in hand cardholders can take advantage of a variety of unique benefits including 15 cashback on local and international coffee shops and restaurants telecommunication bills and movie theaters with up to KD300 cashback every year.Ms. Aleisa added Gulf Banks red plus Prepaid Cashback cardholders can enjoy a multitude of benefits including discounts of up to 25 at more than 550 renowned restaurants and cafes in Kuwait as part of the Banks Gulf Dining program. Red plus Cardholders can also avail instant discounts of up to 30 at more than 300 retail outlets across travel entertainment health beauty and lifestyle segments as part of Gulf Banks Gulf Promotions program. The card is equipped with fraud protection with Gulf Banks 3D secure feature for a safer online shopping experience.Digital DevelopmentMr. Ahmad Al Amir Deputy General Manager for Corporate Communications at Gulf Bank stated Getting a red plus card has also never been easier with the application process taking place entirely online through Gulf Banks Mobile App or Online Banking and customers will receive their card from any branch of their choice or through a dedicated courier within 2-3 working days. Customers can then activate and load their cards online anytime anywhere through Gulf Banks Online and Mobile Banking services.Al Amir also added Gulf Bank is undergoing rapid digital transformation as part of our new strategy for 2025 which aims to provide a seamless and quick experience for all Gulf Bank customers by offering innovative products and services that meet the expectations of the new generation.Nadia Ghissassi Country Manager for Qatar Oman Kuwait and Iraq Mastercard said The introduction of the Mastercard Prepaid red plus card offers huge potential to transform the way payments are made by students and young adults in Kuwait. We are pleased to launch the first-of-its-kind prepaid card in partnership with Gulf Bank to further build the domestic payment ecosystem with safe and secure electronic payments. In addition to delivering a fast intuitive reliable and seamless payment process The Mastercard prepaid red plus card empowers the Kuwaiti youth to try new and exciting offerings making it an ideal card to enjoy all the features and benefits the country has to offer.red AccountEarlier this year Gulf Bank launched a series of updates and improvements to its red account complete with a new and innovative design that was designed by the youth for the youth. Gulf Banks red card and red plus card have a simple and distinctive card design that protects the users privacy going so far as to include the cardholders name on the back of the card in addition to other features and characteristics that constitute the ideal banking experience. To further encourage Gulf Banks youth community the bank also launched an exclusive Instagram account for its youth segment making it easier to keep up with everything Gulf Bank has to offer them.Gulf Banks vision is to be the leading Kuwaiti Bank of the Future. The bank is constantly engaging and empowering its employees as part of an inclusive and diversified workplace in recognition of every employees role in delivering customer excellence and serving the community at large. With its extensive network of branches and innovative digital services Gulf Bank gives its customers the choice of how and where to conduct their banking transactions all while ensuring a simple and seamless banking experience.Gulf Bank is committed to maintaining a robust sustainability program at the community economic and environmental levels through sustainability initiatives that are strategically selected to benefit both the country and the Bank. Gulf Bank supports Kuwait Vision 2035 New Kuwait and works with the different relevant parties to achieve it.

πŸ” Key Information

πŸ“„
Tender Reference No.
468409117
πŸ“…
Publication Date
16 Dec 2021
🌐
Sector
Banking, Finance, Insurance and Securities (BFIS)
πŸ“
Notice Type
News
πŸ“
Location
Kuwait

πŸ“ Documents & Downloads

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🏷️ CPV

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πŸ•’ Submission deadline
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days remaining Β· 16 Dec 2021
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🧭 Quick Facts

Authority N/A
Country Kuwait
State / UT N/A
Tender Type Procurement News
Currency N/A
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