What is a Mustaqbaly Savings Account?
Mustaqbaly account is designed for all our individual customers below 18 years old so that they can save for their future and participate in the draw for the special prizes of Mustaqbaly accounts and savings accounts.
Mustaqbaly Account Prizes for 2023
15 winners, 250 JODs for each one
10 winners, PlayStation 5 for each one
10 winners, scholarship up to 2,500 JODs for each one
General Terms and Conditions for Mustaqbaly Savings Account Prizes :
- All customers who have Mustaqbaly accounts shall participate in the weekly Mustaqbaly account prizes, provided that their balances are at least 100 JODs.
- All customers with Mustaqbaly accounts shall participate in monthly and end-of-year Mustaqbaly account prizes, provided their balances are at least 500
- Only account holders who wish to participate in the prizes shall participate in the Mustaqbaly account prize draws.
- The winner shall bear the value of the taxes imposed on the prizes, according to the instructions of the Income Tax Department.
- The draw takes place on official working days.
- Mustaqbaly accounts in Jordanian dinar currency only participate in the draw.
- Any winner who does not claim the prize after six months of the announcement will lose the right to redeem the prize.
- In the event that the winning customer wishes to give up the prize and not receive it for any reason, the bank has the right to cancel this prize and/or the draw and/or take the action that the bank deems appropriate, according to its sole will with this regard.
- Campaign ends on 31/12/2023.
Additional Features for Mustaqbaly Savings Account:
Open a Mustaqbaly savings account or feed your current balance to increase your chances of winning.
- Account holders can open more than one Mustaqbaly savings account.
- The higher the account balance and the longer it is kept, the greater the chances of winning.
- The account holder can win more than one prize.
- Flexibility to withdraw and deposit money at any time.
- Getting a free debit card to access your accounts.
- Periodic interest to be added to the Mustaqbaly savings account.
- Benefiting from electronic services (Iskan Online, Iskan 24/7, Iskan Mobile, and SMS).
Mustaqbali Savings Account Winners
Prize Exceptions :
The following are excluded from the prize draw:
- Mustaqbaly savings account with balances less than 100 JODs and accounts whose owners do not wish to participate in the draw.
- Mustaqbaly savings account for deceased customers.
- Mustaqbaly savings account in foreign currencies.
- Customers who win weekly prizes are excluded from participating for 3 months in the same prize category, with the possibility of participating in other prizes.
- Customers who win monthly prizes are excluded from participation for 6 months in the same prize category, with the possibility of participating in other prizes.
- Customers who win grand prizes are excluded from participation for 12 months in the same prize category, with the possibility of participating in other prizes.
- All cash insurance accounts of all types.
Mechanism of Calculating the Chances
Chance Calculation Details
Minimum account balance of 100 JODs.
For every increase of 25 JODs in the balance referred to above.
Additional 100 chances are given to customers who meet the below criteria combined.
At least one year of clientship with the bank.
The minimum account balance should be at least 1,000 JODs throughout the year.
The customer should not have won any announced prizes throughout the year.
Additional chances are given based on account deposits and retention of balances.
For each deposit with a value of 500 JODs or more, the customer will get 10 chances from the depositing date and up to the draw date. Moreover, the customer will earn 3 extra chances for each month after the depositing month if they maintain the initial balance without any withdrawals. If the customer withdraws any amount from the initially deposited amount, they will not be entitled to get the additional chances, and the process of calculating the chances starts again with the new balance.
Maximum Number of Chances
* Terms and Conditions apply.