New promotion of consolidation loan in Bank Millennium

The “Pożyczka z wygodną ratą” (Loan with easy instalment) promotion is available to all clients who declare monthly salary or net income inflow to their current account in Bank Millennium and conclude the “Bezpieczna Pożyczka” (Safe Loan) insurance agreement via the bank. Promotional fixed interest rate on the loan is 5,75% per annum on the part of the loan for external consolidation. It is important to note that transferring a loan to Bank Millennium you will not pay a fee on the transferred amount.

“Bezpieczna Pożyczka” insurance offers cover in the event of:

• loss of permanent source of income or hospitalisation in result of an accident,
• temporary inability to work or accidental death,
• complete inability to work or disability in result of an accident,
• serious illness,
• death.

The promotion continues till 10 May 2019. It will not be combined with other promotions relating to Cash or Consolidation Loans. Detailed information as well as regulations are available on www.bankmillennium.pl/klienci-indywidualni/pozyczki and in Bank Millennium branches.

DISCLAIMER

Representative example for Consolidation Loan with “Pożyczka z wygodną ratą” Promotion: Annual Percentage Rate (APR) is 14,57%, total loan amount (net of debt-financed costs): 34 867,59 PLN (including 25 477,49 PLN as the amount for consolidation of non-Bank Millennium credit products), total amount due: 49 544,02 PLN; fixed interest rate 6,.2%; total cost of the loan: 14 686,43 PLN (including: 0,8% fee (278,94 PLN); interest 7 553,92 PLN; additional services 6 853,57 PLN in the form of insurance 6 853,57 PLN, fee for Konto 360° 0 PLN provided that there is minimum 1000 PLN externally-sourced turnover booked on the account and at least 1 payment with the debit card/BLIK is made in the month; otherwise the monthly fee for the payment account shall be 8 PLN); 65 equal monthly payments of 762,37 PLN. The calculation was made as of 26.02.2019 on a representative example.

“Pożyczka z wygodną ratą” promotion applies to consolidation loans i.e. loans, where part or all of the granted amount is assigned for repayment of credit products (loans, credit card debt and authorised overdrafts) from outside the Bank. One of the conditions of getting the Promotion is to conclude a Bezpieczna Pożyczka insurance agreement. The Promotion may not be combined with other promotions concerning cash loans and it may be applied only once during its validity. The Promotion is valid from 2 March 2019 to 10 May 2019.

Detailed terms and conditions of the Promotion are stipulated in “Pożyczka z wygodną ratą” Promotion Regulations. Fees, commissions and interest rate are charged in accordance with the Cash Loan Price List. Details concerning principles of granting loans are contained in Regulations on Loans Granted to Individuals by Bank Bank Millennium S.A. 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 contained in Terms and Conditions of Bezpieczna Pożyczka Insurance and in the Product Card – Bezpieczna Pożyczka insurance. The above-mentioned documents are available in the Bank’s branches and on the www.bankmillennium.pl website. Before granting a loan the Bank evaluates the Applicant’s credit capacity and worthiness on a case-by-case basis; in justified cases it may refuse to grant the loan.