11.10.2011
Morze Zysków (Sea of Profits) in Bank Millennium
Up to 7% per year available on the new Morze Zysków (Sea of Profits) Deposit in Bank Millennium. The offer is targeted at customers who seek traditional savings products with guaranteed yield.
We see that the deposit is quite popular. The interest rate is far beyond the rate of inflation, which has been offsetting yield on term deposits by growing in recent months. It seems that the interest rate on bank deposits will not grow any further, because it is very high as it is - says Marek Ubysz, Head of the Savings Products Sub-unit.
Why the Morze Zysków Deposit?
- Exceptionally good interest rate, even 5.67% per year, which corresponds to 7% on a traditional deposit
- The yield is multiplied every day thanks to daily capitalisation
- Convenient deposit periods: 2,3 and 4 months
- Low minimum amount - PLN 1000, maximum investment - PLN 15,000, a total of PLN 45,000 can be invested in 3 term deposits
The interest rate on the Morze Zysków Deposit is fixed as follows:
| Term | Interest Rate on Morze Zysków Deposit | Equivalent interest rate on a traditionalterm deposit |
|---|---|---|
| 2 months | 5,06% | 6,25% |
| 3 months | 5,27% | 6,50% |
| 4 months | 5,67% | 7,00% |
Interest rate per annum. Equivalent interest rate based on tax regulations valid on 19.09.2011. The deposit is offered only and exclusively for new money.
The Morze Zysków deposit can be set-up in any Bank Millennium branch.