Consolidation Loan

Special offer "Przenieś swój kredyt do Banku Millennium" with Safe Loan insurance

Benefit from the special offer and move your loans to Bank Millennium (APR 14.73%)!

Combine all your dues (such as: debt like credit card and overdraft debt and cash loans) and pay one convenient instalment:

  • 5.7% interest rate on consolidated amount
  • 0% commission on consolidated amount
  • with Safe Loan insurance

Special offer is valid from 1 July 2018 till 31 August 2018. You will find details in the Regulation of special offer "Przenieś swój kredyt do Banku Millennium" - in Polish

Credit cost and legal note

Loan

Combine all your loans, pay one instalment and get additional funds thanks to our convenient Consolidation Loan. You can consolidate many kinds of debt like credit card and overdraft debt, cash and car loans.

  • Lowest Instalment Guarantee*
  • 0% fee on the consolidate amount (APR 16.53%)
  • Time saving – you pay just one low instalment

*If within 30 days after signing the loan agreement you find a cheaper offer with the same amount and tenor – we shall reduce your interest rate and will refund the difference on the interest already paid to us.

Information about the loan cost

How to borrow

  • Over the phone

    1. 1

      Prepare account numbers

      We will transfer funds to cover your existing debts

    2. 2

      Contact us

      call Prestige Line
      801 12 7000

    3. 3

      We quickly transfer funds

      Within 1 day from signing the agreement


  • At a branch

    1. 1

      Prepare the document

      Select a document confirming your revenue from the list

    2. 2

      Visit any Bank Millennium branch

      Here you will check the branches closest to you

    3. 3

      We quickly transfer funds

      Within 1 day from signing the agreement


Insurance

Safe Loan

Attractive insurance Safe Loan will ensure comprehensive support for you and your family in numerous unexpected circumstances, such as:

  • total incapacity to work or disability as a result of an accident,
  • temporary incapacity to work or disability as a result of an accident,
  • loss of work or hospitalization as a result of an accident,
  • serious illness,
  • death.
  • See more details on the insurance here

    What is important, you do not have to choose the risks. Insurance package offers coverage in all the above events and changes automatically depending on your professional situation and current pension/disability pension entitlement.

    Should any of the above unexpected circumstances occur, the Insurer will pay for you:

    • up to 12 instalments if you lose work or up to 6 instalments if you are taken to hospital as a result of accident,
    • even 36 instalments if you are temporarily unfit for work or 25% of the outstanding loan amount in case of death due to accident,
    • the entire outstanding amount of the loan if you are fully unfit for work or 25% of the outstanding loan amount in case of disability as a result of accident,
    • the entire outstanding amount of the loan in case of falling ill with one of serious diseases or in case of death.

    Find out more about the insurance


Useful info

See what you need to take a loan

Do you want to take a Consolidation Loan? Select a document according to your source of income.

  • Employment agreement / Contract of mandate / Author’s contract

    In order to take a Consolidation Loan, you need to attach one of these documents:


  • Business activity

    To use the consolidation loan, attach one of the following documents:

    • annual tax return and declaration from the Tax Office/ZUS/KRUS
    • revenue and expense ledger

  • Old-age pension

    To use the consolidation loan, attach one of the following documents:

    • bank account statement confirming payment of the pension for the last month
    • the last old-age pension slip
    • the last decision on old-age pension indexation
    • decision on awarding the old-age pension

  • Disability pension

    To use the consolidation loan, attach one of the following documents:

    • bank account statemen
    • bank account statement confirming payment of the pension for the last month
    • the last disability pension slip
    • the last decision on disability pension indexation
    • decision on awarding the disability pension

  • Pre-pension benefit

    To use the consolidation loan, attach one of the following documents:

    • bank account statement confirming payment of the benefit for the last month
    • the last benefit slip
    • the last decision of the Labour Office/ZUS on benefit indexation
    • decision of the Labour Office/ZUS on awarding the benefit

  • Sailor contract

    To use the consolidation loan, attach one of the following documents:

    • contracts concluded with ship owners for a period of 12 months with confirmation of salary transfers
    • certificate from the Tax Office

Show all documents

Any questions or doubts? Contact us

Fill in the form.
We will call you back!

Fill in the form

If you prefer…
Call us!

801 12 7000

landlines and mobile phones

Additional information

Information about the loan cost

Representative example for Consolidation Loan with “Przenieś swój kredyt do Banku Millennium” Promotion: Annual Percentage Rate (APR) is 14,73%; total loan amount (net of debt-financed costs): PLN 36 195,00; total amount due: PLN 55 857,00; fixed interest rate 6.4%; total cost of the loan: PLN 19 662,00 (including: commission 0,6% (PLN 217,17); interest PLN 10 596,67; additional services PLN 8 848,16, including insurance PLN 8 848,16); 81 monthly equal instalments of PLN 689,59. The calculation was made as of 18.06.2018 on a representative example.

Representative example for Consolidation Loan on standard conditions:Annual Percentage Rate (APR) is 16,53%; total loan amount (net of credit-financed costs): PLN 31 657,14; total amount due: PLN 52 181,83; fixed interest rate 7,44%; total cost of the loan: PLN 20 524,69 (including: commission 1,85% (585,66 zł); interest PLN 11 717,12; additional services PLN 8 221,91, including: insurance PLN 8 221,91; PLN 0 - fee for Konto 360° account, in case of booking minimum PLN 1 000 of external inflows on account and minimum 1 payment made with use of card issued to account/BLIK per month; otherwise monthly account fee amounts to PLN 8); 85 equal monthly instalments of PLN 613,90. The calculation was made as of 23.02.2018 on a representative example.

Promotion “Przenieś swój kredyt do Banku Millennium” applies to consolidation loans. The Consolidation Loan is a loan, part or all of the granted amount of which is assigned for consolidation of credit products (credits, cash loans, credit card and overdraft debt) from outside Bank Millennium. One of the conditions of eligibility for the Promotion is to conclude a Bezpieczna Pożyczka insurance. The Promotion shall not be combined with other promotions concerning cash loans and the Promotion can be had only once during its period. The Promotion is valid from 1 July 2018 to 31 August 2018.

Detailed terms and conditions of the Promotion are stipulated in “Przenieś swój kredyt do Banku Millennium” Promotion Regulations. Fees, commissions and interest are charged as per the Cash Loan Price List. Detailed principles of granting insurance cover under Bezpieczna Pożyczka insurance by Towarzystwo Ubezpieczeń Europa S.A. and Towarzystwo Ubezpieczeń na Życie Europa S.A. are stipulated in Bezpieczna Pożyczka Insurance Terms and Conditions as well as in Product Sheet - Bezpieczna Pożyczka Insurance. The above-mentioned documents are available in the Bank’s branches and on www.bankmillennium.pl. Prior to granting the loan the Bank evaluates the Applicant’s credit capacity and creditworthiness on a case-by-case basis; in justified cases the Bank may refuse to grant the loan

The Promotion may be combined with the “Lowest Interest Rate Guarantee”. To get the Lowest Interest Rate Guarantee the Client must present – within 30 days of concluding a cash loan agreement with Bank Millennium S.A. – a loan agreement concluded with another bank or a European Consumer Credit Information form together with a credit decision for the same loan amount and tenor. Remaining terms and conditions of the offering are contained in the Cash Loan with “Lowest Interest Rate Guarantee” Regulations available in Bank Millennium branches and www.bankmillennium.pl