Press news


11.12.2013

Bank Millennium Cash Loan available in the Mobile Application

Bank Millennium is launching a new solution, unique on the Polish market – it is now possible to get a Cash Loan and to increase the credit card spending limit with the Mobile Application.

Thanks to the new service Customers of Bank Millennium can get a Cash Loan and raise their credit card spending limit through the Mobile Application without presenting any documents. The loan proceeds will be disbursed on the account or the credit card spending limit will be raised in a matter of minutes.

Our Customers can now take out a cash loan using their smartphone or tablet anywhere in the world. They will get access to the extra money almost instantly – says Ricardo Campos, Director of the Electronic Banking Department in Bank Millennium.

Using the Mobile Application Customers can themselves choose the Cash Loan amount and the period of its repayment. Additionally they can benefit from attractive insurance, decide about the method of payment of the fee and reduce the loan interest rate if their salary gets transferred to the account in Bank Millennium. When raising the credit card spending limit Customers can indicate the specific card, which is to have its limit raised and then defined its new higher limit.

Customers can benefit from the offer several times, until the limit allocated to them is exhausted or validity of the offer has expired. 
Additionally the Mobile Application is used to inform Customers about other products available to them from the special offer, such as a new credit card, current account overdraft or its increase. These functions are available in the Mobile Application for iOS and Android platforms and will soon be developed to also include versions for Windows Phone 8 and BlackBerry 10.

The new offer is available to selected regular Customers of the Bank who have had a Millennium current account for at least six months and have their salary transferred to it regularly.