Earn up to 300,000 Avios with a Nutmeg ISA, Pension or Investment Account
This post contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. For an explanation of our Advertising Policy, visit this page.
If you’ve been looking for a way to give your Avios balance a serious boost, Nutmeg is offering new customers its biggest-ever offer of up to 300,000 Avios to invest. If you invest in any of Nutmeg’s products, including ISA, General Investment Account, Pension, Lifetime ISA or Junior ISA, Nutmeg will reward you with Avios for every £1 you invest or transfer.
The bonus Avios will be awarded as follows:
- If you invest or transfer between £500 and £19,999, you will earn 1 Avios for every £1; and
- If you invest between £20,000 and £200,000, you will earn 1.5 Avios for every £1 (so up to 300,000 Avios in total).
Those 300,000 Avios are enough for a peak-time first-class return redemption anywhere British Airways flies with the exception of its very longest route, from London (LHR) to Sydney (SYD). If you have a Companion Voucher, that’s more than enough for two passengers in Club World/Suite or first class (where offered) to places like Thailand, Peru, the Seychelles or Mauritius. You might not be planning any travel right now, but this is a way to give your Avios balance a big boost to save for future travel.
The Avios will be credited to your British Airways Executive Club account within 45 days of making the initial investment into your new Nutmeg account. Do note that Nutmeg reserves the right to charge a fee if you withdraw these funds or close your account within 24 months – these fees are listed in the terms and conditions, which can be found here.
If you haven’t used your 2020/21 ISA allowance or have been thinking about switching providers or opening a new investment account, this is a great offer to collect Avios for your future getaway.
You don’t have to be an investment expert in order to invest your money in Nutmeg – the company can do it for you. You can set up the account online from home – you just tell Nutmeg how much you’d like to invest, what your risk level is and some preferences about how you would like them to manage your money. You can choose between fixed allocation, fully managed or socially responsible investment styles. Nutmeg will give you an idea of the sort of returns you might get for that investment during the sign-up process. All portfolios are diversified across asset classes, countries and industry sectors. Different portfolios come with different fees, which you can review here.
This offer is available for new customers only from 00:01 31 July 2020 until 23:59 21 August 2020 – you can open your Nutmeg account here.
We are obliged to advise you that with investment, your capital is at risk. The value of your portfolio could go down as well as up and you may get back less than you invest. Tax treatments apply. Terms and conditions for the offer can be found here.
Featured image by Gettys Images
Welcome to The Points Guy!