CGD or Millennium bcp: Which Is Better in Portugal? (2026)
The short answer
Caixa Geral de Depósitos wins 1 of the 5 computed criteria, Millennium BCP wins 0. Caixa Geral de Depósitos leads on monthly fee: Caixa Geral de Depósitos EUR 5.25 vs Millennium BCP EUR 5.41. Choose on the criterion that matters to you.
Row by row
Fees verified August 2026 against each provider's published data
| Criterion | CGD | Millennium bcp |
|---|---|---|
| Monthly feeWhat holding the account costs every month | Caixa Geral de Depósitos EUR 5.25Wins | EUR 5.41 |
| Portuguese ibanSome Portuguese billers still reject foreign IBANs | Caixa Geral de Depósitos PTTie | PTTie |
| English supportApp, contract and helpline language | Caixa Geral de Depósitos noTie | noTie |
| Deposit protectionWho guarantees your money, and up to how much | Caixa Geral de Depósitos EUR 100,000Tie | EUR 100,000Tie |
| Standout featureThe one thing each side does that the other does not | Caixa Geral de Depósitos: Largest branch network, 529 locations nationwideTie | : Second-largest network, 385 branchesTie |
So which one
Pick CGD if
- Monthly fee decides it for you: Caixa Geral de Depósitos EUR 5.25 vs Millennium BCP EUR 5.41.
Pick Millennium bcp if
- This is what decides it: Second-largest network, 385 branches.
Other comparisons
6 more pairsHow we compared these two
The criteria are fixed
Every comparison on this site uses the same 5 rows in the same order, so two pages can be read against each other. We do not add a row because one side happens to win it.
A win is a stated threshold
A row is won on the published number or capability, not on judgement. Ties are declared rather than broken. Figures come from provider price lists and official sources.
How we get paid
Both links earn a commission at the same rate, so the winner of a row is never the higher-paying one. Fees come from each provider's own published price list, not a comparison feed.
Sources: provider price lists and official data, accessed August 2026. Next review: November 2026.
Frequently Asked Questions
Which is better, CGD or Millennium bcp?
Caixa Geral de Depósitos wins 1 of the 5 computed criteria, Millennium BCP wins 0. Caixa Geral de Depósitos leads on monthly fee: Caixa Geral de Depósitos EUR 5.25 vs Millennium BCP EUR 5.41. Choose on the criterion that matters to you.
When should I pick CGD?
Monthly fee decides it for you: Caixa Geral de Depósitos EUR 5.25 vs Millennium BCP EUR 5.41.
When should I pick Millennium bcp?
This is what decides it: Second-largest network, 385 branches.
Community Q&A