New account with daily capitalisation of interest in Bank Millennium

Konto Oszczędnościowe Codziennie Więcej is an interest-bearing savings account in PLN with daily capitalisation of interest. In case of this account interest is accrued every day, not in monthly cycles. The account owner can select one of two ways of managing interest: it can either be capitalised daily on the account or transferred daily to a linked Current Account, whereas capitalisation of interest on the account is better, because the interest rate is accrued every day on a higher amount (invested capital and capitalised interest). Additionally in result of daily capitalisation and an account balance above PLN 25,000 the customer can get a nominal interest rate of as much as 4.5% per annum (in accordance with the tax rounding rule).
Key product information:

• Attractive interest rate of 3.65% per year, which corresponds to 4.5% on a traditional account with tax (provided that the account balance is kept below PLN 25,000),
• Daily capitalisation of interest on the account or daily transfer of interest to the linked Current Account,
• Access to money on the account at any time,
• The investment can be increased at any time and money can be withdrawn without losing interest,
• Free-of-charge account opening and maintenance,
• No minimum fee for accrual of interest - every single zloty earns interest.

Additional information:

A condition to open the Konto Oszczędnościowe Codziennie Więcej account is to have a current account. The account can be opened in Bank Millennium branches throughout Poland as well as by calling the Call Center or online through the Millenet online banking system.