Avios Offer Terms and Conditions

Avios offer - Terms & Conditions


Privacy policy


  1. This offer is applicable to new customers only. New customers are defined as those who have not previously invested with Nutmeg

  2. This offer cannot be used in conjunction with any other new customer promotion or offer. New customers are eligible to collect further Avios by referring friends to Nutmeg.

  3. In order to validate this offer, the new customer must:

    1. Begin the sign-up process on www.nutmeg.com/avios and provide a valid Avios Travel Reward Programme or British Airways Executive Club membership number.

    2. Create and fund a Nutmeg account with the standard minimum opening deposit of £500 as well as committing to £100 monthly contribution. Should you wish to open a pension, there is a minimum investment of £5,000 specifically for this product.
  4. If a customer withdraws their account balance within 12 months of opening their account Nutmeg reserves the right to withdraw £50 from the closing balance before returning funds.

  5. Avios may take up to 45 days to reach your Avios Travel Rewards or British Airways Executive Club account from when we receive an initial contribution to Nutmeg.

  6. Only one Avios reward per new customer

  7. Terms and Conditions apply to Avios redemptions. Reward flights bookings are subject to availability. Avios are issued and redeemed in accordance with Avios terms and conditions and flights may be subject to availability which may be limited or not available on some routes at certain times especially during peak travel periods. The usual taxes, fees and carrier charges apply to Reward Flights.

  8. Nutmeg is the sole arbiter of these rules and any other issue arising under this promotion.

  9. If gaming of the offer is found, Nutmeg reserves the right to cancel this promotion and remove any other promotions from the customer’s account.

  10. An invitation to participate in this offer does not provide assurance that you will be accepted as a customer of Nutmeg.

  11. Our standard terms relating to your use of Nutmeg and your account apply and are not affected in any way by this offer.

  12. This offer is subject to change and Nutmeg reserves the right to withdraw this offer after 5,000 customers have redeemed, or due to unexpected operational constraints which negatively impact the Nutmeg customer experience.

  13. Avios will be applied so long as one of the following options has been fulfilled:

    A minimum initial investment of £500 per fund and subsequent minimum monthly deposits of £100 are made or,

    An initial investment of over £5,000 per fund has been made.

    Should you wish to open a pension, there is a minimum investment of £5,000 specifically for this product.