Boost your earnings by 0.5% until 2019 when you lend new funds via the Assetz Capital Platform.
- New investors need to deposit and lend a minimum of £1 via any of our investment accounts available on the Standard and/or IFISA Dashboards (excluding the Cash Accounts) between the qualifying times and dates. Interest will only be paid on the lent funds. Funds awaiting investment are not included in this promotion.
- Existing investors need to increase lent funds, over and above a snapshot taken of their existing lent funds at the start of the qualifying period of this promotion. New funds can be lent via any of our investment accounts available on the Standard and/or IFISA Dashboards (excluding the Cash Accounts) between the qualifying times and dates. Interest will only be paid on lent funds. Funds awaiting investment are not included in this promotion.
- The promotion eligibility period will run from 2th July 2018 until 31st August 2018. The Summer 0.5% rate boost will be applied to all eligible lent funds until 4th January 2019, providing qualifying funds remain lent . Other Terms and Conditions apply (see below).
Terms and Conditions
- The Summer 0.5% rate booster available to all investors, both existing and new.
- The promotion only applies to newly lent funds established between 11:59:59 pm 1st July 2018 and 11:59:59pm 31st August 2018. If this eligibility period is missed for whatever reason we cannot make manual adjustments or exceptions to individual accounts. Un-lent funds retained as cash or awaiting investment will not be included.
- Two snapshots of the lent funds on your account will be taken to ascertain eligibility. The first snapshot happened at 11:59:59pm 1st July 2018 and the second will occur at 11:59:59pm 31st August 2018. The difference between these two snapshots in lent funds will be the maximum the Summer 0.5% rate boost will be applied to.
- Example: If a lender has £10k 'total lent funds' on the first snapshot and then lends an additional £5k, during the qualifying time period, then they are eligible for the 0.5% rate boost on the £5k additional newly lent funds, providing they were still lent at the time of the second snapshot and remain lent.
- At 11:59:59pm on the 31st August 2018 the total lent funds above your initial snapshot figure (taken at 11.59:59pm on 1st July 2018) will be the maximum amount eligible for the Summer 0.5% rate boost until 4th January 2019.
- Promotional interest will be calculated daily so if the investor removes some of the qualifying lent funds from the platform or they cease to be lent for any reason then they will no longer qualify for the days where they are not lent.
- Remember that you can invest your idle funds and benefit from this promotion: If you activate the 'invest idle funds' feature on the dashboard (in the Quick Access Account section) all swept funds will also be eligible for the Summer 0.5% rate boost until 2019. You have the option to invest any idle funds you have in your other accounts in the Quick Access Account until you need them. If you have funds awaiting investment in any of the other accounts on your dashboard they will be released from the Quick Access Account automatically, in normal market conditions, to permit investment when the opportunity arises in the relevant accounts. There is currently a maximum limit of £100,000 allowed for these swept funds per person. This is in addition to any direct investment in the Quick Access Account.
- If an Investment Account series is closed to new investment during the promotion you will no longer have the choice to reinvest repayments of capital and interest within it. Funds already allocated to these accounts ‘awaiting investment’ will not qualify for this promotion unless 'invest idle funds' has been activated per section 6.
- The Summer 0.5% rate boost offered during this special promotion is paid in addition to the normal interest generated in any of the qualifying accounts. Should the normal interest generated in any of the qualifying accounts change (either up or down) the Summer 0.5% rate boost will still be applied to qualifying newly lent funds until 4th January 2019.
- Assetz Capital reserves the right to withdraw this special promotional rate at any time and without prior notice.
- This exclusive rate is available to existing investors and new investors who register on the platform and have been verified by the ID Check System used by Assetz Capital.
- Investors must be aged 18 or over.
- By participating in this promotion, investors agree to be bound by these promotion-specific Terms and Conditions, which are in conjunction with Assetz Capital's full Terms and Conditions
- Assetz Capital is under no obligation to accept any investor.
- Participants, whether individually or in a group, will be found to be in breach of these promotion-specific terms and conditions if Assetz Capital, at its sole discretion, has a reason to believe that the promotion has been abused or manipulated, or that irregular, fraudulent, collusive or illegal activity has occurred.
- The Summer 0.5% boost will be calculated on a daily basis and a bullet payment of the total amount earned will be paid within 30 days of the close of the promotion on 4th January 2019.
- Interest will be paid out of Assetz Capital's monitoring income.
- Please note that payments will be made into your cash account and NOT directly into your bank account.