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Campaign Period

July 2017- Dec 2017

  • 250 winners every 3 months.
  • 2 Campaigns from July to September and October to December.
  • 10 grams of Gold to be credited to winning customer's Gold account for campaign period Jul  - Dec 2017   
  • 1 Grand Draw at the end of the promotion with 25 winners
  • 100 grams of gold to be credited to customer's Gold account for customers who win the Grand Draw 
Campaign Period Winners Gold Prize / customer Total Gold Prize
Jul – Sep 250 10 grams 2,500 grams
Oct – Dec 250 10 grams 2,500 grams
Jul – Dec 25 100 grams 2,500 grams

1st Draw and 2nd Draw

  • Average Balances have been taken across all accounts (except Gold account) held by individual customers as off 30th June 2017 for the 1st draw and will be taken on 30th September 2017 for the second draw.
  • At the end of the first draw period (30th September) we will check how much the customers average balances has increased as compared to their average balance in June 2017.
  • For every AED 1,000/- of monthly average balance increase customer will receive one chance in the draw.

Example- 1st Draw

  • 1st July 2017 customer's combined monthly average balance across all his accounts was AED 100,000/-
  • 31st July 2017 customer's combined monthly average balance across all his accounts went up to AED 120,000/-
  • 31st August customer's combined monthly average balance across all his accounts went up to AED 150,000/-
  • 30th September customer's combined monthly average balance across all his accounts dropped to AED 80,000/-
  • Total average balance across all 3 months will be (120,000+150,000+80,000)/3 = AED 116,666/-. 
  • Number of chances in the first draw will be (AED 116,666 – AED 100,000)/1000 = 16.67
  • Customer will receive 16 chances in the 1st draw. 
  • For every AED 1,000 growth in average balance from 1st July – 30th September and from 1st Oct– 30th Dec, customers will be rewarded one chance to enter the draw.
  • A Grand Draw will be held at the end of the promotion and all customers who have brought in fresh funds from period of 1st July – 30th December will get a chance to enter the draw, one chance for every AED 1,000 growth in average balance.
  • Valid for all individual customers

So go ahead and increase your account balance to Win gold.

If you do not have a RAKBANK account or deposit. Please click here to apply.