More than 300 Commercial Bank customers have already received cash prizes totalling QR1,830,000 with the bank’s ongoing ‘Save & Win’ campaign, it has been announced.
The campaign rewards savers with 365 cash prizes over a year, including a QR1mn grand prize for one lucky customer.
The latest monthly prize distribution ceremony was held recently at Commercial Bank’s Bin Omran branch. The 29 winners selected by electronic draw received varying cash prizes, bringing the running total of winners to 302 out of 365, the bank has said in a statement.
During the remaining two months of the campaign, a further 63 cash prizes will be awarded to lucky Commercial Bank customers, including one grand-prize winner of QR1mn, which will be awarded in the next few months.
Commercial Bank’s EGM for Retail & Consumer Banking, Amit Sah, said: “Commercial Bank’s innovative and original campaign, ‘Save & Win’, provides ongoing encouragement for our customers to develop good saving habits, combined with the opportunity to win cash prizes.
“During the next two months, we look forward to giving away more prizes to our customers. So, keep saving with Commercial Bank - you could become our first ‘Save & Win’ millionaire.”
All Commercial Bank customers with a minimum average balance of QR10,000 each month in their basic current or saving account are automatically entered into the monthly electronic draw.
Each QR1,000 in the account qualifies for an entry coupon into the draw. So, the more money customers succeed in saving, the greater their chance to win one of the cash prizes, the statement notes.
In addition, customers can earn double coupons for every QR1,000 average balance incremental gain on the previous month, thus further improving their chances to win. Customers can qualify for the grand prize draw of QR1mn if they maintain a minimum average account balance of QR10,000 for the last three consecutive months.
All winners are notified following the draw, and there is no restriction on the number of prizes that customers can win.