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Commercial Bank of Kuwait review

Updated September 28, 2026 · SumCue Editorial Team · Facts checked September 26, 2026

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Our verdict

Commercial Bank of Kuwait is a direct lender in Kuwait offering personal, car and secured loans on a fixed rate, so it suits borrowers who want payments that hold steady. Borrowing runs KWD 1,000 to KWD 25,000 over terms of 12 to 60 months, and early repayment carries no charge.

Key facts

Best for
Fixed rate loans with free early repayment, plus term deposits for savers who can leave money to mature.
APR
6.5%↗
Loan amount
KWD 1,000 to KWD 25,000↗
Term
12 to 60 months↗
Rate type
Fixed↗
Lender type
Direct lender↗
Free early repayment
Yes↗
Eligibility
Ages 21 to 69 for Kuwaitis and 59 for non-Kuwaitis; minimum salary KD 400↗
Loan types
Personal, Car, Secured↗
Use cases
Home-improvement↗
Legal entity
Commercial Bank of Kuwait↗
Headquarters
Kuwait↗
Founded
1960↗
Support channels
Phone, Help-centre↗
Pricing model
Fixed rate
Features
Rewards
Official website
cbk.com

Savings

Headline rate
2.25% to 3.75%↗
Minimum deposit
KWD 5,000↗
Access terms
Interest paid on maturity date only; premature cancellation of a Fixed Deposit relieves the Bank from the obligation to pay interest↗
Account kind
Fixed↗

Credit cards

Rewards type
Points↗
Card kind
Credit↗

Mortgages

Initial rate
6.5%↗
Fixed period
2 to 15 years↗
Purpose
Purchase↗

Debit cards

Card type
Debit↗
Card network
Visa↗

Facts checked September 26, 2026, 9 sources

Apps and profiles

Get the app
App Store
Elsewhere
WikidataWikipedia

Pros and cons

Pros

  • Lends direct as a direct lender across personal, car and secured loans, so no broker sits in the middle.
  • Free early repayment, so clearing a loan ahead of schedule carries no charge.
  • The housing loan holds an initial rate of 6.5% for 2 to 15 years, set for a purchase.
  • Cards cover credit with points rewards, plus a debit card on the visa network.

Cons

  • Support runs on phone and help centre, with no live chat or email channel listed.
  • On a fixed term deposit, interest is paid at maturity only, and premature cancellation relieves the bank of the obligation to pay interest.
  • The stated eligibility rules set a minimum salary and a lower upper age limit for non-Kuwaitis than for Kuwaitis.

Ready to try Commercial Bank of Kuwait?

Scored 9.3 / 10 by SumCue.

See alternatives

Who it suits

  • Kuwaiti residents and expatriates who want a fixed rate and predictable instalments over 12 to 60 months.
  • Borrowers who may settle a loan early, since free early repayment is listed and the rate type is fixed.
  • Savers with KWD 5,000 to place who can leave the money until the fixed term deposit matures.

Who should look elsewhere

  • Borrowers who need a bigger sum, since Creduma ES lends from from €12,000 and the ceiling here is KWD 1,000 to KWD 25,000.
  • Anyone shopping wider rate bands, since Cashspace quotes PHP 12 to PHP 36 and Sofkredit 10.74% to 18.06% against a single fixed rate here.

How Commercial Bank of Kuwait compares

Where Commercial Bank of Kuwait is available

Available
Kuwait

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

What rate do I pay on a personal loan?+

The stated APR is 6.5% and the rate type is fixed, so instalments hold steady across the term. Borrowing runs KWD 1,000 to KWD 25,000 over terms of 12 to 60 months. Home improvement is the use case named for the lending.

Can I repay a loan early without a penalty?+

Yes. Free early repayment is listed for the bank's loans, so settling the balance ahead of schedule carries no charge. The rate type stays fixed either way, and a fixed rate loan can be closed out at any point in the term.

What can I borrow and for how long?+

Personal, car and secured lending is offered, with borrowing sized at KWD 1,000 to KWD 25,000 and terms of 12 to 60 months. The bank describes itself as a direct lender, so applications go straight to it.

Who qualifies to apply?+

Applicants must be adults within the stated age bands, which reach higher for Kuwaitis than for non-Kuwaitis, and a minimum salary applies. Homebuyers can also weigh the housing loan, priced at an initial rate of 6.5% held for 2 to 15 years.

How much do term deposits pay, and can I get the money early?+

Term deposits are fixed accounts paying 2.25% to 3.75% on a KWD 5,000 minimum deposit. Interest is paid on the maturity date only, and cancelling a fixed deposit early relieves the bank of the obligation to pay interest, so plan for the full term.

How do I get help with my account?+

Support runs on phone and help centre, so phone and help centre guidance are the routes offered for loan and deposit queries. There is no listed live chat or email channel, which matters if you prefer a written reply to a call.

What cards does the bank issue?+

The range covers a credit card paying points rewards, alongside a debit card for everyday spending. The current account runs on the visa network, and rewards are the headline rewards on the card offer.

How established is the bank?+

Commercial Bank of Kuwait was founded in 1960 and is headquartered in Kuwait, trading as Commercial Bank of Kuwait. It deals with borrowers directly, so applications, servicing and deposits all sit with the same bank.

Sources

Compiled from 9 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Arrangement fee, Credit check, Funding time, Representative example.

Commercial Bank of Kuwait

Fixed rate loans with free early repayment, plus term deposits for savers who can leave money to mature.

9.3/10See alternatives