Personal account Overdraft Limit

Special offer

Your account is always full. Set up an authorised overdraft for PLN 0 within 90 days of opening the account (APR 10,39%). Offer for new customers, valid till 31st of January 2017.

About the limit

Personal account overdraft limit granted to the Holder of Konto Osobiste Prestige in PLN to finance any consumer goals means:

  • Capacity to use any amount of credit within the personal account overdraft limit and to repay any amount of overdraft at any time.
  • Easy access to credit funds on the account through Millenet, TeleMillennium or Millennium VISA Prestige debit card.
  • Attractive interest rate calculated on the utilised amount and not the total Limit.
  • No interest when the Limit is utilised by not more than 7 days of your choice in the settlement month (APR 1,20%).
  • Automatic debt repayment with every deposit made on the account.
  • Option of automatic renewal on the same conditions (in particular, amount and interest rate) after 12 months.

Your personal account overdraft means:

  • a flexible form of financing your current needs - also unexpected expenses,
  • attractive interest rate calculated on the amount expended, and not on the entire overdraft limit,
  • no interest when the overdraft is used for not longer than any 7 days a month (APR 1,20%),
  • no need to remember to repay your monthly instalment, as every incoming payment to your account repays the used overdraft limit and renews its value,
  • individual Overdraft limit amount, dependent on your income or account turnover.

Annual Percentage Rate (APR) is 11,64%, total loan amount (net of credit-financed costs): 3 338,77 PLN; total amount due: 3 705,16 PLN; variable interest rate 9,99%, total cost of the loan: 366,39 PLN (including: commission 0,98% (32,85 PLN); interest 333,54 PLN; insurance 0 PLN; additional services 0 PLN – monthly fee for Konto 360°, in case of booking on the account of at least 1000 PLN external inflows and at least 1 payment with the debit card / BLIK in a month; otherwise the monthly fee for the account shall be 8 PLN); tenor: 12 months; during the entire period the overdraft is fully used; interest paid monthly, principal in a single payment at the end of the tenor. The calculation was made as of 01.09.2016 on a representative example.

Conditions

Take it to Bank Millennium! We can offer you better terms and conditions - attractive interest rate.

If you have any overdraft facility in another bank:

1. Visit any Bank Millennium Financial Centre and take your last statement from another bank. Our employee will present You an Overdraft offer and inform you what limit You may get. You will also be informed on the required documents.

2. Compile the required documents and submit them at a branch.

3. A Bank employee will inform You when the documents are ready to be signed. Having read the Overdraft Agreement, the Regulations and the table of fees and charges, you will be able to sign the Overdraft Agreement and enjoy access to additional funds.

If you don't have an overdraft facility yet:

1. Visit any Bank Millennium Financial Centre. Our employee will present You an Overdraft offer and inform You what limit You may get. You will also be informed on the required documents.

2. Compile the required documents and submit them at a branch.

3. A Bank employee will inform You when the documents are ready to be signed. Having read the Overdraft Agreement, the Regulations and the table of fees and charges, You will be able to sign the Overdraft Agreement and enjoy access to additional funds.

More details

For detailed information contact your nearest Bank Millennium Financial Centres