Press news


25.07.2011

Konto Oszczędnościowe Twój Cel savings account in Bank Millennium

Bank Millennium has launched the Konto Oszczędnościowe Twój Cel savings account, which permits effective management of savings and putting money away for a defined purpose. The account also has a Facebook link functionality.

Setting short and medium-term targets makes saving much easier - says Ricardo Campos, Director of the Electronic Banking Department in Bank Millennium. - We are satisfied when by saving regularly we can fulfil our plans concerning e.g. a holiday trip. We want to make it easier for Customers to attain defined targets by launching Konto Oszczędnościowe Twój Cel - Ricardo Campos adds. 
Konto Oszczędnościowe Twój Cel is an account, which Customers can use to save for a defined purpose. The Customer, setting-up the account, will define the saving target as well as the amount, which he/she wants to put away every month. The account comes with several convenient tools, which allow the Customer to plan the schedule of deposits, essential to reach the target, monitoring the target status on an on-going basis, following changes on the account and reacting to its current balance. 
  
Tools available with Konto Oszczędnościowe Twój Cel:

  • Visualisation of target progress (graphs with a history of income, monthly balance, projection of future deposits);
  • A calculator, which helps to calculate exactly how the target is to be attained;
  • Texts informing about target status;
  • Defining target name - every account will have a unique Customer-defined name, shown in the Millenet online banking system. The account owner may also choose the graphics, to illustrate the defined target.

Additionally the account has a Facebook link functionality, which allows the Customer to share with friends and family the information about saving for a defined purpose, to request support in attaining it as well as informing about progress.
The interest rate on Konto Oszczędnościowe Twój Cel is 4% per year. Account maintenance is free of charge. The account owner can make one transfer a month paying no fees whatsoever (the fee for subsequent transfers in the month I PLN 5).
Konto Oszczędnościowe Twój Cel can be set-up only in the Millenet online banking system. Every Customer can have a maximum of five own accounts and additionally five joint accounts.