07.06.2005
Millokata Progresywna at Bank Millennium
Bank Millennium offers the Millokata Progresywna – a term deposit where the interest rate increases every 3 months. Automatic renewal of the term deposit for every subsequent 3-month period results in higher and higher interest.
The minimum deposit amount is PLN 2000. The deposit is automatically renewed every three months for another three-month period until one year has passed. As opposed to a standard renewable term deposit customers can expect the interest rate to increase after a 3-month period or multiple 3-month periods. An important benefit is the possibility of withdrawing the funds at any time if required, together with interest for each passed three-month period.
Interest rate on Millokata Progresywna (as at 06.06.2005):
| Deposit amount | Deposit period | |||
|---|---|---|---|---|
| in PLN | 0-3 months | 4-6 months | 7-9 months | 10-12 months |
| 2000 - 24 999,99 | 3,50% | 3,70% | 3,80% | 4,00% |
| 25 000 - 49 999,99 | 3,70% | 4,00% | 4,10% | 4,20% |
| 50 000 - 99 999,99 | 4,00% | 4,20% | 4,30% | 4,50% |
| >=100 000,00 | 4,20% | 4,50% | 4,60% | 4,70% |