MLP
Inhalt

MLP offers students a new current account with special benefits

Your Contact

Frank Heinemann
(Head of Group Communications)

Corporate and Market Issues

Phone: +49 6222 308 3513
Telefax: +49 6222 308 1131

E-Mail to Frank Heinemann

Heinemann

  • The “MLP CampusGirokonto” offers new clients up to 4 percent interest on credit balances
  • Inexpensive international travel health insurance can be added
  • New account expands MLP’s range of free banking products for students
Wiesloch, 7th September 2011 – With immediate effect, students can take advantage of a new, free current account at MLP with special benefits which also includes a credit card. The “MLP CampusGirokonto” pays interest of 4 percent on credit balances for new clients – the interest rate applies to balances up to a maximum of 1,000 euros. “The account is tailored to the financial circumstances of students as well as being a very competitive product within the market,” comments Carsten Soßna, Head of Accounts and Securities Transactions at MLP. Current accounts do not usually pay any interest at all, and on average, even instant access accounts offer a considerably lower interest rate to savers.

For a fee of €5.88 per year, students can opt to upgrade their “MLP CampusGirokonto” to include international travel health insurance. This insurance provides worldwide protection for holiday travel and covers the costs of treatment when abroad as well as possible necessary repatriation. The new MLP international travel health insurance offer is valid for a travel period of up to six weeks per trip.

The optional international travel health insurance component and the high credit balance interest rate on current accounts represent a further expansion of MLP’s range of fee-free banking products for students. “In this way, we are able to even more closely fulfil the requirements of students with respect to modern banking,” explains Soßna. Up to now, the inclusive “MLP Card” has already provided students with a credit card for their free of charge current account. Additional benefits of the credit card include no fees for cash withdrawals at almost all cash dispensers worldwide, a credit limit of €500 as well as online account access.