Millennium account + Programa Prestige

For Individual Clients, resident or not, in Portugal, aged 18 or more

Minimum deposit amount: €250 or €150 for University Students aged 18-25, or equivalent in the respective currency.

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.

18.8% TAEG and 13.600% 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.

¹Regular income
Regular income credited to the account of at least €2,000 if the first account holder is aged between 18 and 35 (inclusive), or €2,500 if over 35; Financial Assets above €50,000; subscription to the digital statement and regular income of at least €750 qualify for 1% cashback, up to a limit of €6/month, on monthly purchases, up to a maximum total of €600 in purchases made with the credit cards associated with the current account under the Prestige Programme. The cashback amount will be credited to the current account in a movement following the debit of the account package maintenance fee.

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 at least €500 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 relating 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.

Does not dispense with the consultation of legally required pre-contractual and contractual information.