New advertising of Bank Millennium Cash Loan

- First there is MY declaration. And then WE set off on a new road. And when “MY" changes into "WE," a lot around us also changes. Then the cash loan of Bank Millennium (APR 12.83%) comes to the rescue. With it you can easily carry out even the biggest plans – says the bank in the commercial

Bank Millennium’s new television commercial will be shown on national channels, selected thematic channels and on Bank Millennium’s channel on YouTube. The spot will also be promoted online. The spot was created by Change Serviceplan and media were bought by Starcom.

As part of the “Promocja na start" and “Promocja na start z ubezpieczeniem", customers receive a favourable interest rate of 8.31% for loans with insurance and 12.13% for loans without insurance and no commission for granting. In addition, they receive a guarantee of a fixed instalment during the entire loan period and a quick disbursement of funds. A customer using the promotion variant without insurance will pay 100 PLN per month for every 5,000 PLN borrowed for 70 instalments. In the case of the loan variant with insurance, such an instalment will amount to 109.99 PLN. The loan can be taken in the amount of from 5,000 PLN to 40,000 PLN; repayment period is from 6 up to 70 months. The commission for granting the loan is 0% in both variants.

You can apply for a loan online, in Millenet and mobile application, as well as in branches and on the hotline, sign the agreement online and get the money on the same day. The promotional offering is available to customers who have not had a cash or consolidation loan at Bank Millennium in the last 12 months.

Details of the offering, including the Regulations, are available on the bank’s website at: www.bankmillennium.pl/klienci-indywidualni/pozyczki/pozyczka-gotowkowa

Legal note

“Promocja na start” loan without insurance

Representative example for “Promocja na start ” Cash Loan: Annual Percentage Rate (APR) is 12.83%, total loan amount (net of debt-financed costs): 22 901,79 PLN, total amount due: 32,062.78 PLN, fixed interest rate 12.13%, total cost of the loan: 9 160.99 PLN (including: 0% fee (0 PLN); interest 9 160.99 PLN; 70 equal monthly payments of 458.04; first payment due after 30 days from disbursement of loan proceeds. The calculation was made as of 15.10.2022 on a representative example.

The “Promocja na start” promotion is valid till 20.01.2023 and applies to cash loans granted for a selected period from 6 to 70 months with amount to be disbursed under the agreement from 5 000 PLN to 40 000 PLN.

The Promotion is available to Customers who during the last 12 months counting from the day of application did not have a cash or consolidation loan in the Bank, declare transfer of income in an amount defined in the loan agreement during the entire period of its repayment, of at least 1000 PLN net to their current account in the Bank and also agree to receive commercial information via electronic channels and agree to processing by the Bank of contact data for the purpose of sending by the Bank of information regarding products and services of companies cooperating with the Bank. The Promotion may not be combined with other promotions concerning cash loans. Detailed terms and conditions of the Promotion are stipulated in “Promocja na start” Regulations. Details concerning granting of loans are stipulated in the Regulations on Loans Granted to Individuals by Bank Millennium S.A. Standard fees, commissions and interest rate are charged in accordance with the Cash Loan Price List. The above-mentioned documents are available in the Bank’s branches and on the www.bankmillennium.pl website. Before granting a loan the Bank evaluates the applicant’s credit capacity and worthiness on a case-by-case basis. In justified cases it may refuse to grant the loan.

Representative example for: “Promocja na start z ubezpieczeniem” Cash Loan: Annual Percentage Rate (APR) is 17.09%, total loan amount (net of debt-financed costs): 21 294,25 PLN, total amount due: 32,789.66 PLN, fixed interest rate 8.31%, total cost of the loan: 11,495.41 PLN (including: fee 0% (0.00 PLN), interest 6,874.56 PLN, value-added services, insurance: 4 620.85 PLN), 70 equal monthly payments of 468.42 PLN; first payment due after 30 days from disbursement of loan proceeds. The calculation was made as of 15.10.2022 on a representative example.

“Promocja na start z ubezpieczeniem” loan with insurance

The “Promocja na start z ubezpieczeniem” promotion is valid till 20.01.2023 and applies to cash loans granted for a selected period from 6 to 70 months with amount to be disbursed under the agreement from 5 000 PLN to 40 000 PLN. The Promotion is available to Customers, who at the same time conclude via the Bank a Bezpieczna Pożyczka Variant I insurance agreement (granted by Towarzystwo Ubezpieczeń Europa S.A. as well as Towarzystwo Ubezpieczeń na Życie Europa S.A., available to persons who on the date of concluding the insurance agreement did not turn 66), who during the last 12 months counting from the day of application did not have a cash or consolidation loan in the Bank, declare transfer of income in an amount defined in the loan agreement during the entire period of its repayment, of at least 1000 PLN net to their current account in the Bank and also agree to receive commercial information via electronic channels and agree to processing by the Bank of contact data for the purpose of sending by the Bank of information regarding products and services of companies cooperating with the Bank.

The Promotion may not be combined with other promotions concerning cash loans. Detailed terms and conditions of the Promotion are stipulated in “Promocja na start z ubezpieczeniem” Regulations. Details concerning granting of loans are stipulated in the Regulations on Loans Granted to Individuals by Bank Millennium S.A. Standard fees, commissions and interest rate are charged in accordance with the Cash Loan Price List.

Details concerning principles of granting insurance cover are contained in Terms and Conditions of Bezpieczna Pożyczka Insurance and in the Product Card – Bezpieczna Pożyczka insurance. The above-mentioned documents are available in the Bank’s branches and on the www.bankmillennium.pl website. Before granting a loan the Bank evaluates the applicant’s credit capacity and worthiness on a case-by-case basis. In justified cases it may refuse to grant the loan.