Banks in Kuwait are very progressive banks with a customer-friendly and economy-friendly outlook. These banks take care of business accounts, salaried persons accounts and even student saving accounts. Their online apps are not only user-friendly and very easy to use, but they also interact with account holders and prompt them to increase their savings and invest their money in good business opportunities. The sites, as well as the apps of the banks, also support shopping and progressive sites such as gyms, spas, adventure and health sites with attractive offers. Bank customers, including students, can get good products and efficient constructive activities for the mind and body and discounts and cashback on purchases of related products such as sports equipment, exercise equipment and clothes.

The Kuwaiti banks understood the need for additional incentives to bring more people into the world of banking and schemes such as offers of tickets for the FIFA world cup Qatar 2022 and the one million miles offer. For both offers, bank customers need to have either a visa credit card or the prepaid card, also known as a debit card. Cardholders need to spend or charge at least 200 KD (Kuwaiti Dinars) to their cards every month to be eligible for draws for winning any of these offers.

The million miles offer 

The first and foremost requirement of new account holders with the leading banks of Kuwait is for the account holders to register themselves on their sites and create a unique login. The next requirement is for the account holders to get themselves a visa credit card or a prepaid card. These banks offer al Shabab cards which can be used with a minimum spend of KD 200 a month to be eligible for the draw, where 70 lucky cardholders will win the opportunity to fly a million miles free to any destination of their choice.   

Each Kuwaiti Dinar (KD) spent using the card for the local transaction within Kuwait gives cardholders a single chance to enter the draw for winning the one million miles offer. Each Kuwaiti Dinar (KD) spent using the card for international transactions gives cardholders two chances to enter the draw for winning the million miles offer. NBK is affiliated with 14 countries, so there is plenty of opportunity for international spending and shopping.

Winners can choose flights to any destination from six airlines: Kuwait Airways, Turkish Airlines, British Airways, Qatar airways, Etihad airways and Emirates airlines.

Frequent fliers normally win the million miles status after flying over a million miles with one airline and its affiliates. Getting this privilege at an early age is indeed a blessing and comes with an elite status that includes

• free airport lounge access,
• extra hand baggage,
• Extra earned miles points from each flight that can be redeemed for discounts on future flights,
• Priority clearance through check-in, security and even boarding,
• Luxury gifts to be chosen from an exclusive list,
• Priority phone lines during flights,
• The biggest benefit is skyline elite status which is a coveted privilege,

The best advantage is that winners of the million miles offer can keep getting bonus miles as they continue flying, and the added miles can be redeemed for even more benefits. The beneficiaries can even accumulate miles and reach the two million miles privilege club.

Incentives that lead to the world of banking

The one million miles offer is a great opportunity for holders of students' savings accounts to see the world. This great incentive drove many students to open student savings accounts with the Bank of Kuwait.

The Student savings account uses the following methods to manage students' savings accounts.

The account facilitates the easy transfer of student allowances from various universities in Kuwait to be transferred to student savings accounts. Students just need to have a civil ID and an endorsement from the University to be submitted to the MOHE (Kuwaiti Ministry of Higher Education). Once the endorsed form for a student allowance or scholarship is submitted, the monthly allowances are credited into the student's savings account.

The student's savings account is designed to inculcate habits of savings and minor investments so that the student not only manages his or her expenses with the monthly student allowance but also saves a little by way of putting a small amount aside as well as prompting the students to invest in various businesses and earn some profits. The students get a safe protective umbrella from the banks as the businesses for investment have the backing and support of the Banks of Kuwait, and risk in investment is largely minimised.

The student savings account app is designed to guide students to shop smart. This basically means shopping online for useful things besides just fashion, junk foods and gadgets that students can do without. The bank and the cards support online stores with products such as educational tools, technical literature, products and centres related to health and career-building guides. Popup menus and toolbars guide students toward stores and purchases that come with promos, discounts and cashback. Students gradually become aware of saving and making money through effective financial management and living on a monthly budget. Once developed, this habit will help people in their adult lives and enable them to manage finances on a monthly basis with received salaries or business income.     

A bank that always has pleasant surprises

The leading banks of Kuwait keep announcing special offers for their account holders and card holders. Its affiliates and partners also announce incentives from time to time. For instance, there is an offer of a 10% discount on all air tickets from November to December for Oasis credit card holders of the Banks of Kuwait.

The bank has promised more incentives in the times to come. So those transferring salaries to their student saving accounts credited into their Kuwaiti bank accounts, there are plenty of surprises to watch out for. And, of course, the best banking services are there 24 x 7.