Avios Terms and Conditions


  1. This offer is open to new customers only. New customers are individuals who:
    1. have not invested with, or used the services of, Nutmeg Saving and Investment Limited (Nutmeg) before; and
    2. in Nutmeg’s reasonable opinion, are capable of being accepted as a customer of Nutmeg, in accordance with the requirements of Nutmeg’s Standard Terms and Conditions, and all applicable law.
  2. This offer cannot be used:
    1. in conjunction with any other Nutmeg offer, or promotion; or
    2. to invest in a Nutmeg Lifetime ISA;
    3. multiple times for an individual new customer.

Accepting the offer

  1. To accept Nutmeg’s offer, and receive up to 2,500 Avios (the Reward) you must do each of the following things:
    1. sign-up via the link www.nutmeg.com/avios
    2. give us your email address, using the field provided; and
    3. provide a valid British Airways Executive Club membership number; and
    4. fund your new Nutmeg product by making a minimum investment of £500.

When and how the Reward will be issued

  1. Your 2,500 Avios may take up to 45 days to reach your British Airways Executive Club account from when Nutmeg receives the initial contribution.
  2. 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.

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

  1. 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.
  2. Terms and Conditions apply to Avios redemptions. Reward flights bookings are subject to availability which may be limited or not available on some routes at certain times especially during peak travel periods. Taxes, fees and carrier charges apply to Reward Flights. Avios are issued and redeemed in accordance with Avios terms and conditions. For full details see www.britishairways.com/avios
  3. Nutmeg is the sole arbiter of these rules, excluding the redemption of Avios rewards which are liable to Avios T & Cs.
  4. This offer, the ISA, GIA and Nutmeg Pension, and 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.
  5. Nutmeg charges management and other fees. The details are available here.
  6. This offer is subject to change, and Nutmeg reserves the right to withdraw this offer after 5,000 customers have signed up, or due to unexpected operational constraints.

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