Millennium Kid . Allow your child to … see even further ahead.
When children dream, we dream with them. At Millennium bank, we know how important it is for these dreams to become true. This is why we have created Millennium Kid. A new Savings Plan exclusively for children, from the time they are born until they reach adulthood, thus providing the opportunity to parents and relatives, with the opening of the specific account, to be active supporters of their children’s dreams.
Preferential Savings Plan.
Millennium Kid provides all the necessary conditions for the creation and increase of your child’s capital, in the most flexible way:
• savings account in the name of the child, with a preferential interest rate
• a surprise welcome gift for the child with the opening of the account
• flexibility in depositing funds in the account through monthly payments, with a standing order.
• option for depositing additional funds
• detailed transactional information through the Statement, so that the child can become familiar with the concept of saving.
Additional privileges for the child.
Having in mind that the present is as important as the future, the immediate needs of a child are of supreme importance. Now, with the Millennium Kid Savings Plan, our little friends become members of a club with unique privileges. By using their membership card, they can enjoy special offers and discounts from a number of companies. Also, new partnerships are constantly developed, so that all of the child’s needs are comprehensively covered.
Millennium Kid embraces the entire family.
Millennium Kid also rewards you for choosing it, by giving you the opportunity to obtain credit products with favourable terms:
• Credit Card with free subscription for a year
• Personal-Consumer Loan with:
a. preferential interest rate with a reduction up to 5% from the current floating interest rate of Millennium bank's personal-consumer loan
b. high financing limits
c. loan duration from 6 to 84 months
ENJOY ADDITIONAL ADVANTAGES
Option to participate in Investment Program
Add value to your child's money, by investing with small monthly deposits in Millennium Mutual Funds, which are among the market's best funds, thus building the proper bases for the coverage of every future need.
Let's dream together about the future of your child!
The interest rate for consumer loan is decreased by 1% from the current floating interest rate of Millennium bank’s personal-consumer loan, for each year of prompt payments to Millennium Kid program. The maximum reduction, according to the current interest's conditions, may reach up to 5% and the bank has the right to modify the reduction for new loans. The reduction on the interest rate is defined on loan approval’s date, according to the total number of prompt payments to Millennium Kid savings program, that have expired and remains fixed for all the duration of loan. The reduction applies only to loan amount up to three times the balance of the savings account on that date. The approval of the loan request is subject to Millennium bank’s criteria.
The administration of Millennium Mutual Funds are performed by MILLENNIUM AEDAK.
MUTUAL FUNDS HAVE NO GUARANTEED YIELD AND PAST PERFORMANCES DO NOT SECURE THE FUTURE RESULTS
