Savings Account Campaign 2022 - Safa Bank
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Savings Account Campaign 2022

“Your Chance to Win Great Prizes by Opening a Savings Account”

 

To all our existing and new clients, start saving your money by opening a savings accounts and get a chance to win one of many prizes, which include a total of 1,250,000 NIS in cash prizes and 5 hybrid Hyundai IONIQ 2022 cars. The sooner you open your account, the bigger your chances of winning are.

 

Campaign Prizes:

  • 5000 NIS cash prize (50 prizes): 10 prizes will be drawn for each of the months (3, 4, 5, 7, and 8) of 2022.
  • 50,000 NIS cash prize (5 prizes): draws for these prizes will be made at the end of the months (3, 5, 8, 9, and 10) of 2022.
  • Hyundai IONIQ 2022 car (5 prizes): draws for these prizes will be made at the end of the months (4, 7, 9, 10, and 11) of 2022.
  • 250,000 NIS cash prize: the draw for this prize will be done at the end of June 2022.
  • 500,000 NIS cash prize: the draw for this prize will be done at the end of December 2022.

 

Campaign Benefits and Conditions:

  • A Sharia-compliant bank account.
  • Accounts that are eligible to participate in the campaign are savings accounts only.
  • The campaign starts in March and ends at the end of December 2022.
  • The minimum deposit amount in your account to enter the draw is 100 USD (or its equivalent in other currencies).
  • Every 100 USD added to your account gives you a new chance of winning.
  • Every month that passes since opening the account at the Bank gives you a new chance of winning.
  • Employees and their first-degree relatives (parents, children, and spouses) are excluded from the campaign.
  • The accounts are subject to the profits distribution procedures adopted by the Bank since the accounts are investment accounts that are run on the bases of Mudaraba contracts that are subject to profits and losses.
  • The winner shall pay the income tax.
  • The Bank has the right to announce the winner’s name, photograph and share them on the social media accounts run by the Bank.
  • Draws are not made on official holidays or on the weeks that include long official holidays such as Eid al-Adha and Eid al-Fitr.
  • Both existing and new clients to whom the terms apply can benefit from the campaign.
  • The prize distribution method between branches is amendable at any time after obtaining the approval of the Sharia Committee.
  • The Bank has the right to amend the campaign and its terms as it deems necessary, the changes will not be applied to the old winners, as it will be effective on the date of making the amendment and afterward.
  • The winner loses his/her right to the prize after one year from the date of the draw passes without him/her coming to collect the prize.
  • Winners will be excluded from draws for a full year, this includes previous campaigns..
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