Millennium Bank clients can save their children's allowance in a savings account with 5% annual interest rate

Millennium Bank clients can now save their children's monthly allowance in May You Grow Up savings account in lei, that provides an annual interest rate of 5%. The bank lowered the minimum amount to be saved monthly from 50 to 42 lei, to match the children's allowance amount, and eliminated the minimum amount for the savings account opening. Thus, parents can save money for their children in a more convenient way until the latter turn 18, which is the moment when the savings account reaches maturity.…