6% and much more on deposits in Millennium

MilleGwarancja is a fund ensuring 100% security thanks to a guarantee on principal after the investment period. A customer who takes one of the products can expect a 6% interest rate on a three-month deposit. The new Millennium offer has been designed for customers who wish to attain a very high yield on the investment, placing savings in a safe way.
 
Millokata SuperZysk is a deposit, which enables attractive investment of capital even up to 24 months, maintaining financial liquidity. The unique structure of the deposit guarantees a high rate for 2 consecutive years with simultaneous access to the invested funds by having the possibility of withdrawing the principal together with full interest after every passed 3 months.
 
In fact the 24-month term deposit is made up of 8 three-month periods with a fixed and predetermined interest rate in each of them – 6% in the first quarter, 4% in the three following quarters and 3% in all quarters of the second year of the investment.
This attractive offer is available to customers who transfer their salary to the Millennium account every month in the amount declared earlier.
 
Millokata SuperZysk – an attractive and guaranteed interest rate for the entire 2-year duration of the deposit, even with low amounts – the minimum investment amount is PLN 500 and the maximum one is 10-times the declared monthly inflow amount. 
 
The MilleGwarancja fund with insurance is offered in conjunction with a 3-month deposit with a 6% interest rate. The customer invests part of the funds in the term deposit (up to 25% of the entire invested amount) and the remaining part in the  MilleGwarancja fund, selecting the most convenient duration of the investment in the fund – 3, 4 or 5 years. MilleGwarancja funds invest in selected funds of Millennium TFI and guarantees 100% of principal, which means that the customer will at least receive the invested amount even if the market goes down. The several-year fund investment horizon gives the chance for yield well above that on a traditional bank deposit.
 
Additionally during the investment period there is mandatory life insurance, thanks to which in the event of death of the investor the beneficiary designated by him will receive not less than the invested principal, without inheritance tax or income tax. MilleGwarancja is a new product prepared in co-operation with PZU Życie SA.
The minimum investment amount is PLN 5000.
 
MilleGwarancja funds are offered now in the subscription period, which continues currently from 17 October until 13 November 2005.
 
Millennium does not charge any fees or commissions connected with the new products, including a commission for purchasing MilleGwarancja. Moreover customers who choose the new offer of Millennium can expect additional benefits – investing up to PLN 10000 in deposit products they will get a free Visa Electron card; in the case of an investment over PLN 10000 for at least 3 months the Bank additionally proposes a free credit card with a spending limit at 10% of the deposit amount.