With 2020 almost behind us, many of us are looking towards the future and taking time to plan exciting adventures for the year ahead. Collecting Avios is a fantastic way to turbocharge those future plans, opening up opportunities to travel further afield or to travel in style with an upgrade.
It’s simple: if you open an account with Nutmeg, your investments could get you a maximum 300,000 Avios! That’s because, for a limited time only, new customers will receive one Avios per £1 for investments up to £19,999, or 1.5 Avios per £1 for investments between £20,000 and £200,000 – until midnight on Thursday December 10, 2020. Simply visit the offer page to get started.
As with all investing, your capital is at risk. The value of your portfolio can go down as well as up and you may get back less than you invest. Tax treatments and terms and conditions apply.
How does it work?
The greater your initial deposit with Nutmeg, the larger the Avios reward you will receive when you become a Nutmeg customer, helping to fund your future getaways. You can also transfer ISAs, Pensions, or Junior ISAs from existing providers and be eligible for the offer. Fancy a week in the Big Apple? You can make that a reality as an investment of £30,000 (at 1.5 Avios per £1) means 45,000 Avios in total. That’s enough for a return trip to New York for one person travelling in British Airways’ World Traveller cabin*.
What sorts of investments are available?
Nutmeg offers a range of five investment products. A flexible, transparent and expertly built stocks and shares ISA could be right for you, or it could be a personal pension that offers complete visibility at the touch of a button and allows you to track your progress towards your retirement goals. Alternatively, there’s a general investment account which offers a simple way to invest more money once you’ve used up your ISA limit for the tax year. You may want to invest in a Lifetime ISA which can help if you are putting money away for a first home or retirement, or a Junior ISA to invest on behalf of your child to help them get a financial head start in life.
Nutmeg also offers a number of investment styles, choose the one that suits you best.
- Fully Managed: Nutmeg’s in-house investment team will do the hard work for you. They’ll build a globally diversified portfolio tailored to your investment goals and make strategic adjustments to help mitigate losses in a changing economic environment.
- Socially Responsible: managed by Nutmeg’s investment team and placing an emphasis on governance, social and environmental considerations. This way you can align your investments with your personal values without sacrificing performance.
- Fixed allocation: An investment product designed to perform without intervention. Think low cost, diversified portfolios with automated rebalancing.
In addition, Nutmeg recently launched a brand-new investment style to sit alongside its current offerings. Smart Alpha portfolios, powered by J.P. Morgan Asset Management, are a set of investment portfolios which sit at the intersection of passive and active management. They bring the power J.P. Morgan Asset Management’s market insights and deep research expertise, while maintaining the same level of transparency and control seen across all Nutmeg investment styles.
Smart Alpha portfolios are now available for ISA, General Investment Accounts, Lifetime ISA and Junior ISA products.
How do I get started?
It’s simple to set up a new Nutmeg account. You can set up a new account or even transfer an existing pension, ISA or Junior ISA online quickly and easily with Nutmeg’s award-winning service. Simply visit the offer page enter your email address and British Airways Executive Club Membership Number to register for the offer and click Get Started. Once you’ve invested you can keep track of exactly how your investment is progressing by tracking it online, 24/7 via Nutmeg’s website or mobile app.
Nutmeg has an eight-year performance track record in the UK that has been recognised by the Your Money awards, which has voted it the Best Online Stocks & Shares ISA Provider for five successive years from 2015 to 2019. There are no hidden fees, and it uses technology and high-quality exchange-traded funds (ETFs) to provide value for money and help keep costs down.
Anything else I need to know?
If you decide to invest you will be in good company, as over 100,000 customers have already invested and Nutmeg manage over £2 billion on their behalf. As with similar offers, there are terms and conditions: this is for new Nutmeg customers only, and if you withdraw within 24 months of the investment date Nutmeg reserves the right to withdraw an amount from the closing funds. If you’re unsure then see the terms and conditions for details.
As with all investing, your capital is at risk. The value of your portfolio with Nutmeg can go down as well as up and you may get back less than you invest. Past performance is not a reliable indicator of future performance. Tax treatments and terms and conditions apply. To see the full T&Cs, click here
*Reward flights are subject to availability. Taxes, fees and carrier charges apply. Avios are collected and redeemed in accordance to the British Airways Executive Club terms and conditions which can be viewed online here