Commercial Bank has announced the first winner of its “I am a Regular Saver” awareness campaign that encourages a smart savings culture by giving customers products that automatically save for them each month.
Timed to coincide with the dividend distribution season, customers who applied for any new deposit account during the campaign period ending February 28 were given the chance to win up to QR10,000 each month.
To be eligible for a prize, deposit account customers were asked to post on Facebook or Twitter using the hashtag #ImSavingFor to share their savings goals. The post with the highest number of likes at the end of each month receives the grand prize of QR10,000.
Yasmin Hamdy was announced as the first “I am a Regular Saver” QR10,000 grand prize winner for the month of December 2015, with her post using the hashtag #imsavingformyson’seducation receiving the most number of likes.
The “I am a Regular Saver” campaign includes a series of video interviews from Commercial Bank customers sharing their advice with other people on the importance of saving for the future and as an added incentive, Commercial Bank is also rewarding the top 20 savers with the highest account balances at the end of each month by giving them QR1,000 each.
Commercial Bank “Regular Saver” deposit accounts can be opened online and are automated, saving customers time and money as they don’t have to visit a branch in person to open their account or to make their
monthly deposits.
Dean Proctor, Commercial Bank EGM, chief consumer and private banking, said: “Commercial Bank’s ‘I am a Regular Saver’ campaign was created to help raise awareness of the importance of a smart savings culture for the wider community, including children, youth and adults, and the need for saving in our daily lives.”
“Commercial Bank encourages everyone to save - regardless of age, background, status and nationality – but we particularly encourage Qatari nationals to open deposit accounts during the dividend distribution season to make the most of this opportunity to make a headstart on their savings goals.”