Gulf Bank launches red plus, first Mastercard prepaid cashback card for the youth segment

Gulf Bank launches red plus, first Mastercard prepaid cashback card for the youth segment

KUWAIT: 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 Bank’s 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 bank’s younger clients in high school and university, Gulf Bank’s 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.

“That’s 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 percent 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.”

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