Current account limit
Personal account Overdraft Limit - what you have and much more anytime...
BENEFITS
Now you can use a personal account overdraft free from interest - check it now
The personal account Overdraft Limit will increase the funds on your account up to the agreed amount, without the need to declare the purpose of financing. You can use it any way you want and anytime you want - the money is always available on your account and you can use it online, with your debit card or making a cash withdrawal in a Bank Millennium branch.
Personal account Overdraft Limit:
- Flexible form of financing current needs - including unexpected expenses,
- Good fixed interest rate counted on the utilised amount and not on the entire granted Limit,
- No interest when the Limit is used by not more than any 7 days in the month - check it now
- No need to remember to make the monthly payment, because each inflow renews its amount,
- Individually decided Limit amount depends on your income or activity on the account,
- No approval fee,
- Low Limit renewal fee - merely 1% of the granted Limit,
- Automatic Limit renewal every 12 months.
The personal account Overdraft Limit is a product, which permits easy access to additional funding as well as giving a sense of comfort and safety.
If you do not have the personal account Overdraft Limit yet - don't wait!
INTEREST RATE AND FEES
Interest rate
Interest rate on the personal account Overdraft Limit - 10-18% counted on the utilised amount, not on the entire granted Limit
- The standard interest rate is 18%,
- If you are transferring an Overdraft Limit from another bank the interest rate will be individually negotiated within the 10-18% range.
Additionally the personal account Overdraft Limit is free from interest rate for as many as 7 days in each settlement month!
How does it work?
- If you use the personal account Overdraft Limit for not more than any 7 days (not necessarily consecutive) in the settlement month - no interest will be charged this month
- If you use the personal account Overdraft Limit for any 8 or more days in the settlement month, the interest will be collected as standard for the entire period of using the Limit. Remember that the interest will be charged on the used-up amount and not on the entire Limit.
The offer is available to all customers who have a personal account Overdraft Limit in Bank Millennium.
Fees
- Approval fee - 0 PLN
- Limit increase fee (counted on the increase amount) 1%, not less than 50 PLN,
- Limit renewal fee (counted on credit amount) 1%, not less than 50 PLN.
HOW TO GET?
If you have a limit in another Bank
Transfer it to Bank Millennium! We can give you better terms and conditions:
- Attractive interest rate, - check
- No limit approval fee.
- Visit any branch of Bank Millennium branch with last three statements of account from the other bank. Our employee will present the Limit offer and will also inform you of the Limit amount you can get. You will also be given an income confirmation form and told what documents are required.
- Collect the required documents and present them to the branch.
- Our employee will inform you when the documents are ready for signing. Having read the Limit Agreement, Regulations and Price List you will be able to sign the Limit Agreement and enjoy the availability of additional funds.
If you do not have a limit yet
- Visit any branch of Bank Millennium.
Our employee will present the Limit offer and will also inform you of the Limit amount you can get. You will also be given an income confirmation form and told what documents are required. - Collect the required documents and present them to the branch.
- Our employee will inform you when the documents are ready for signing. Having read the Limit Agreement, Regulations and Price List you will be able to sign the Limit Agreement and enjoy the availability of additional funds.