The youth segment in the banking sector is usually overlooked because there is no real defining aspect to what banking should look like between those ages. Between the ages of 15-25 many people are at completely different stages of their lives. Some are planning their weddings, while others are just graduating from high school. So, it’s safe to say that there is no one-size-fits all approach when it comes to financial advice, especially banking.

Thankfully, Burgan Bank has made this easier by incorporating different types of accounts to help people from all walks of life. Burgan Bank offers a dedicated youth account which happens to be the highest earning account in the market, in terms of benefits. It is an interest paying savings account targeted towards the youth in Kuwait (ages 15 –25) which offers a branded ATM card with an array of discounted benefits at partnering outlets. It can also be used for the purpose of transferring government allowance, parental funds or part-time job salaries. To make it easier for anybody to start, the account has no opening fee.

There are several incentives of transferring to the Youth account at Burgan Bank and one of them is the 50KD instant cash reward upon transferring student allowance to the account, as well as receiving a FREE Burgan Bank prepaid card!

Along with the instant cash benefit, the Youth customers receive exclusive discounts from many trendy outlets that meet the segment’s shopping needs, including but not limited to free movie screenings at Grand Cinema and more!

With certain merchants in Kuwait, Burgan Bank offers a wide range of deals exclusive to their customers within dining, gaming, fashion and more! The account also provides ongoing hit offers and campaigns tailored to the customers wants and needs.

If you feel like your needs are specific and would like to discuss this with a banker, Burgan Bank also has that option! Since each account is tailored to specific needs of the customer, bankers are able to recommend the very best option that is suitable for each individual lifestyle.

Preparing for the future can be a hefty task, however having a savings plan in order to maximize financial growth is a very good start. Taking advantage of the opportunity to begin a Youth account with no opening fee, interest earning and no minimum balance charges is a smart move. Recently, bazaar had the pleasure of speaking with the products and segments manager at Burgan Bank, Dana AlNesef where she shared some important tips for the youth:

Please introduce yourself to our readers.

My name is Dana AlNesef and I’m a Kuwait University Business graduate, I first began my career in 2012 where I started working in the banking sector – sales division, during my time working in sales, I grew passionate about understanding what the market needs and how to create better products and services, which led me to the position I’m in today to pursue what I was truly passionate about.

What is your job title and your roles?

I am the products and segments manager at Burgan Bank, a few of my main roles include managing and overseeing the development of products, segments and social media, as well as developing marketing strategies, marketing performance reports and monitoring market trends.

How long have you been in banking?

I have been in banking for over 5 years.

What would you say is the biggest misconception about your profession?

I believe the biggest misconception of banking is that some believe creativity is not welcomed nor needed in banking which is quite the opposite, at Burgan bank we are always encouraged by management to be creative and to think outside the box, the sky’s the limit!

What makes banking with you and your bank different?

What makes Burgan Bank stand out from the rest is that banking with Burgan Bank is truly a one of a kind experience, we treat our customers like family and because we know our customers best, their satisfaction is always our top priority.

What do you like the most about your job?

What I love about my job is that I feel that I’m always encouraged and supported, Not only that, but I believe Burgan truly believes in their employees. I have been guided to work on projects that I thought were beyond my abilities for both my age and knowledge. Working at Burgan has also a family environment where everybody is there for each other, There is an amazing spirit of cooperation where everyone works together and supports each other, I really have not found this kind of environment at any organization.

If someone is interested in becoming a banker, how would they go about it?

I believe the best way to become a banker is to start working at a division where you are in direct contact with customers. The best way to truly understand banking and to understand market needs is to understand it from the market itself.

What are some common banking tips you would give our readers?

An important tip is to always keep your banking credentials safe, and not to share them with anyone else through any channel. Also, make sure your contact details with your bank are up to date so you can always get instant updates on your account.

For more information on opening a Youth account, visit your nearest Burgan Bank branch, call the bank’s Call Center at 1804080 or apply on burgan.com