Press news


06.07.2004

New corporate card from Bank Millennium

Bank Millennium has extended its corporate banking offer to include the new MasterCard Corporate charge card.

The card is available to corporate customers of Bank Millennium. MasterCard Corporate is a charge card, with deferred payment term and a spending limit independent of the available balance on the account, to which it is linked.
The Customer has a choice of three billing periods:
  • weekly
  • biweekly
  • or monthly
Depending on the billing period the Customer may choose one of several payment date options. Payment of the bill is done by automatically charging it against the Customer's current account. Foreign transactions are settled in Euro.
 
The comprehensive system of informing the Customer and Card User about transactions done and the payment dates provides full information about the cards in line with the billing cycle as well as individual billing per card.
The billing statements can be mailed as a combined statement of account or separately to addresses chosen by the Customer. Information about the card and the transactions done is also available online in the Millenet® Internet banking system.
 
The Card User enjoys insurance cover:
  • Fraudulent card use in case of card loss or theft: the Bank covers the costs connected with fraudulent use of the card above the equivalent of EUR 150 and the Card User is covered up to EUR 150 for as long as 72 hours before stop-listing the card,
  • Cash robbery: the User is covered in case of robbery of cash withdrawn from a cash machine or a forced withdrawal.
  • Travel, providing i.a. following cover:
  • Casualty insurance
  • Covering of costs of post-accident treatment and sudden illness
  • Travel inconvenience insurance.
The MasterCard Corporate card can be used to pay for goods and services to over 115 000 merchants in Poland and more than 33 million merchants worldwide.
The MasterCard Corporate card also permits getting a cash advance round the clock in the local currency in over 7 000 cash machines bearing the MasterCard logo in Poland and more than 930 000 worldwide.