Millennium Account + Prestige Start and Family

If you’re a new customer, the minimum amount to open an account is €250.

Account opening subject to customer acceptance policy.

This applies to instant transfers, SEPA credit transfers +, and SEPA standing orders + in Euros (non-urgent) destined for SEPA-member countries or currencies covered by Regulation (EC) No. 924/2009 and Regulation (EU) No. 2021/1230. The transfers must include the NIB or IBAN (depending on the transfer channel) or be made using SPIN (mobile phone number or corporate identification number - NIPC). Transfers must be executed via automatic channels (ATM, Millennium bcp's internal self-banking network machines, the Millennium App, millenniumbcp.pt, and automated telephone service (VRS) by debiting the account. They are unlimited in number, subject to specific channel limits, and capped at a maximum of €100,000.00 per transaction (or the equivalent value in Swedish Krona or Romanian Leu). Each transfer corresponds to an amount of €1.20.

Exemption from payment of MB WAY Transfer fees made on the Millennium App, in the amount of 0.1% of the transfer amount, even for operations over €30 or a total of €150 or 25 transfers per month.

All fees are subject to the applicable Stamp tax.

18.5% TAEG and 13.300% TAN for a credit limit of €1,500 paid in 12 equal monthly installments of principal plus interest and charges.
Annual availability fee of €31.20, charged in advance. First charge in the month of card issuance and, in subsequent years, in the same month.
Stamp duty included. Subject to credit risk assessment.

Prestige Direto-Start:

In both situations only the equipment owned by the 1st holder is insured.

Prestige Direto-Family:

Both situations only the property of the 1st and 2nd account holders are insured, and the limits shown are the aggregate annual limits for each of the insurances.

¹Financial assets
For Financial Assets calculation purposes, the criterion is considered met if it is fulfilled in 2 of the last 3 months, with mandatory compliance in the 2nd month.
For regular income calculation purposes, the following are considered: the sum of salaries/wages, retirement or disability pensions, and the balance of the M Refeição card, duly coded with the ISO code “SALA”, “PENS” or “M REFEIÇÃO CARD BALANCE”, across all current accounts where the Client is the first holder; as well as ATM or branch deposits, POS/TPA credits and incoming domestic and international transfers of €500 or more each, excluding transfers between Millennium bcp accounts with at least one common holder. This criterion is only considered met if, in the 6 months prior to the account package maintenance fee charge, at least 4 credits related to the regular income mentioned above have been made in those current accounts, and in 3 of the last 4 months within that 6-month period.

The information about insurance does not dispense with consulting the legally required pre-contractual and contractual information.