Collect 300,000* Avios with Nutmeg

Invest in a Nutmeg globally diversified portfolio and collect up to 300,000 Avios towards your future adventures.

Where will your investments take you?

New clients only

Terms and conditions apply

With investment, your capital is at risk.

How does it work?

*Invest or transfer between £500 and £19,999 and collect 1 Avios for every £1 invested
*Invest or transfer between £20,000 and £200,000 and collect 1.5 Avios for every £1 of your total investment

Offer ends 23:59 on Friday January 31, 2022. ISA, pension or Junior ISA transfers initiated before the promotion ends will be eligible.

Regulated

We are authorised and regulated by the Financial Conduct Authority

Protected

Your money and assets are held separately with Barclays and State Street

Trusted

We asked for your feedback and you rated us 'Excellent' on TrustPilot

Where will your investments take you?

If your dreams for travel and adventure in 2021 didn't quite turn out how you thought, maybe it's time to think ahead to future possibilities. Invest with Nutmeg and you can turbocharge your plans by collecting up to 300,000 Avios to help you on your way, wherever you want to go.

Whether you're investing for the first time or transferring an existing pension, ISA or Junior ISA from another provider, investing with Nutmeg is easy. Simply enter your email address and British Airways Executive Club Membership Number into the fields above and select 'Get Started'.


Capital at risk. Tax treatment depends on your individual circumstances and may be subject to change in the future.

Why choose Nutmeg?

We were the first and we’re now the largest digital wealth manager in the UK with over 150k clients. We don’t hide behind complex pricing structures or financial jargon. We don’t keep you in the dark when it comes to your investments or how they’re performing. Instead, we give you complete transparency, and want you to feel empowered.

1

Experienced

Our in-house investment team have built a range of intelligent portfolios and can adjust them to your risk appetite and style. Like the idea of investing with a socially responsible focus? You can do just that with Nutmeg.

2

Straightforward

It's easy to open an account or transfer investments to Nutmeg. Log in from any device and start with £500. We charge no exit fees, speak plain English, and give you the flexibility to change your investment style altogether.

3

Transparent

At Nutmeg, we’ll keep you up to date on what exactly you’re invested in and how your investments are performing. Our client services team will be on-hand to answer any questions you have.

Choose your investment style

All four Nutmeg investment styles are built by experts and use exchange traded funds to diversify across stocks, bonds, industries, even countries. Choose the one that works for you. 

Fully Managed

Proactively managed portfolio

These portfolios are proactively managed by our experienced investment team. This means they will regularly make strategic adjustments to try and protect against losses and boost returns.

Annual costs and charges

0.75% up to £100k, 0.35% beyond

+Average investment fund cost: 0.21%

+Average market spread: 0.08%

Smart Alpha

Powered by J.P. Morgan Asset Management

J.P. Morgan Asset Management adapts your portfolio during changing market conditions, while using their in-house research to select securities with the aim of delivering better returns.

Annual costs and charges

0.75% up to £100k, 0.35% beyond

+Average investment fund cost: 0.33%

+Average market spread: 0.08%

Socially Responsible

With a focus on the environment and society

Our socially responsible portfolios (SRI) are tilted towards companies and bond issuers that have high environmental, social and governance (ESG) standards. As with our Fully Managed style, these portfolios are proactively managed by our investment team.

Annual costs and charges

0.75% up to £100k, 0.35% beyond

+Average investment fund cost: 0.33%

+Average market spread: 0.08%

Fixed Allocation

Assets without intervention at a low cost

These portfolios are designed to perform without the intervention of our investment team. Your portfolio will be automatically rebalanced to ensure your investments match your risk level, but the assets will only be reviewed once a year to make sure they're still right for you.

Annual costs and charges

0.45% up to £100k, 0.25% beyond

+Average investment fund cost: 0.18%

+Average market spread: 0.08%

Terms and Conditions

Availability

1. This offer is open to new clients only. New clients are individuals who: 

a. have not invested with, or used the services of, Nutmeg Saving and Investment Limited (Nutmeg) before 4th January 2022, and

b. in Nutmeg’s reasonable opinion, are capable of being accepted as a clients of Nutmeg, in accordance with the requirements of Nutmeg’s Standard Terms and Conditions, and all applicable law; and 

c. Will be opening a Nutmeg Stocks and Shares ISA, Lifetime ISA, Junior ISA, Pension or General Investment Account (“Nutmeg Product”) and funding the Nutmeg Product according to Section 4(d). 


2. This offer will: 

a. open for acceptance from 00:01 on the 4th of January 2022, and 

b. close when it has been accepted by 500 new clients, or at 23:59 on the 31st of January 2022, whichever occurs first. 

The period between 2(a) and (b) is the Offer Period


3. This offer cannot be used: 

a. in conjunction with any other Nutmeg offer, or promotion; or 

b. multiple times for an individual new client; or 

c. to transfer an existing ISA or Lifetime ISA into a Nutmeg Lifetime ISA; or 

d. to transfer any eligible product into, or invest into, a Nutmeg 100%-cash pot. 

Accepting the offer

4. To accept Nutmeg’s offer, and receive up to 300,000 Avios (the Reward) you must do each of the following:

a. sign-up via the link www.nutmeg.com/avios; and

b. fill out your email address, using the field provided; and

c. provide a valid British Airways Executive Club membership number; and

d. fund your new Nutmeg Product (“Initial Contribution”) by:

 i. making a minimum contribution of £500; or

 ii. initiating a transfer of an existing ISA or Pension into a Nutmeg Stocks and Shares ISA or Pension, with a minimum of £500; or

 iii. initiating a transfer of an existing Junior ISA or Child Trust Fund into a new Nutmeg Junior ISA, with a minimum of £500.


5. Failure to provide Nutmeg with a valid British Airways Executive Club membership number may invalidate your acceptance of the offer. Nutmeg accepts no liability in these circumstances.


When and how the Reward will be calculated and issued

6. Subject to Clause 7 below, all transfers initiated and amounts contributed during the Offer Period (“Total Contributed Amount”) will count towards calculating the Reward you receive.

7. The Reward you receive will be based on the Total Amount Contributed to the first Nutmeg Product that you open and contribute to.

8. The Reward will be issued in accordance with the following rates:

a. the Total Contributed Amount is between £500 and £19,999 (inclusive), you will receive 1 Avios per £1 contributed;

b. the Total Contributed Amount is between £20,000 and £200,000 (inclusive) you will receive 1.5 Avios per £1 contributed on the whole amount.

9. If the Total Contributed Amount is above £200,000, the Reward will be capped at the highest Reward of 300,000 Avios.

10. Nutmeg shall calculate and issue your Avios Reward, 30 days after 31st of January 2022, subject to any pending product transfers. Your Avios may take up to 45 days to reach your British Airways Executive Club account from when Nutmeg issues the Reward. Please note it may take up to six (6) months for the product transfer to complete. If the product transfer requires more than six (6) months to be completed, the Reward will be awarded to your British Airways Executive Club account upon the transfer completion.

11. You agree not to withdraw, or transfer, any part of your Total Contributed Amount within twenty-four (24) months (“Lock-In Period”) of the Initial Contribution first being traded (“First Traded Date”).

12. If you make a withdrawal or transfer out within the Lock-In Period and after the First Traded Date, taking your account below your Total Contributed Amount, Nutmeg reserves the right to withdraw the following amounts from your account balance:


  • Total Contributed Amount: Up to £4,999 = Deduction: £50
  • Total Contributed Amount: £5,000 - £9,999 = Deduction: £100
  • Total Contributed Amount: £10,000 - £14,999 = Deduction: £150
  • Total Contributed Amount: £15,000 - £19,999 = Deduction: £200
  • Total Contributed Amount: £20,000 - £24,999 = Deduction: £275
  • Total Contributed Amount: £25,000 - £29,999 = Deduction: £350
  • Total Contributed Amount: £30,000 - £34,999 = Deduction: £425
  • Total Contributed Amount: £35,000 - £39,999 = Deduction: £500
  • Total Contributed Amount: £40,000 - £44,999 = Deduction: £575
  • Total Contributed Amount: £45,000 - £49,999 = Deduction: £650
  • Total Contributed Amount: £50,000 - £54,999 = Deduction: £725
  • Total Contributed Amount: £55,000 - £59,999 = Deduction: £800
  • Total Contributed Amount: £60,000 - £64,999 = Deduction: £875
  • Total Contributed Amount: £65,000 - £69,999 = Deduction: £950
  • Total Contributed Amount: £70,000 - £74,999 = Deduction: £1,025
  • Total Contributed Amount: £75,000 - £79,999 = Deduction: £1,100
  • Total Contributed Amount: £80,000 - £84,999 = Deduction: £1,175
  • Total Contributed Amount: £85,000 - £89,999 = Deduction: £1,250
  • Total Contributed Amount: £90,000 - £94,999 = Deduction: £1,325
  • Total Contributed Amount: £95,000 - £99,999 = Deduction: £1,400
  • Total Contributed Amount: £100,000 - £109,999 = Deduction: £1,550
  • Total Contributed Amount: £110,000 - £119,999 = Deduction: £1,700
  • Total Contributed Amount: £120,000 - £129,999 = Deduction: £1,850
  • Total Contributed Amount: £130,000 - £139,999 = Deduction: £2,000
  • Total Contributed Amount: £140,000 - £149,999 = Deduction: £2,150
  • Total Contributed Amount: £150,000 - £159,999 = Deduction: £2,300
  • Total Contributed Amount: £160,000 - £169,999 = Deduction: £2,450
  • Total Contributed Amount: £170,000 - £179,999 = Deduction: £2,600
  • Total Contributed Amount: £180,000 - £189,999 = Deduction: £2,750
  • Total Contributed Amount: £190,000 - £199,999 = Deduction: £2,900
  • Total Contributed Amount: £200,000+ = Deduction: £3,000


General
13.  Nutmeg reserves the right to withdraw the offer at any time without prior notice in cases of suspected abuse, fraud, or violation of its rules.

14. This offer is subject to change, and Nutmeg reserves the right to withdraw this offer due to unexpected operational constraints.

15. Nutmeg cannot be held responsible for any issue or delays in transferring your ISA, JISA, or Pension caused by the ceding provider.

Nutmeg’s Standard Terms and Conditions, and the additional terms applicable to this offer

16. Terms and Conditions apply to Avios redemptions. Reward flights are subject to availability. Taxes, fees and carrier charges apply. Avios are issued and redeemed in accordance with British Airways Executive Club terms and conditions. For full details see www.britishairways.com/en-gb/executive-club/about-the-club

17. Nutmeg is the sole arbiter of these rules, excluding the redemption of Avios which are subject to British Airways Executive Club Terms and Conditions.

18. This offer, the Nutmeg Stocks and Shares ISA, Junior ISA, Lifetime ISA, Pension and General Investment Account; transfers and withdrawals, are subject to, and governed by, Nutmeg’s Standard Terms and Conditions and the general law. If there is a conflict between (a) the terms of this offer; and (b) Nutmeg’s Standard Terms and Conditions and the general law, the latter will prevail.

19. Nutmeg charges management and other fees. The details are available here.



Nutmeg Saving and Investment Limited is authorised and regulated by the Financial Conduct Authority, whose address is 12 Endeavour Square, London E20 1JN, www.fca.org.uk. Our firm registration number is 552016. Nutmeg is covered by the Financial Services Compensation Scheme. There is more information about this in our Standard Terms and Conditions.