Get an Investment Boost of up to £3,000 or 300,000 Avios when you transfer*

The choice of reward is yours. Choose from an Investment Boost of up to £3,000 or 300,000 Avios. See full details in the table below. Terms and conditions apply.

With investment, your capital is at risk.

How does it work?

Enter your email address into the box below to register for this offer. Enter your British Airways Executive Club Membership number to receive Avios. Alternatively, leave blank if you prefer the Investment Boost. If you are an existing Nutmeg client, tick the box in the form, then once you have registered, you will be taken to your dashboard from which you can initiate your transfers. If you are new to Nutmeg leave the box unticked, then once you have registered and created your account, you can also initiate your transfers from your dashboard. Offer ends 31st July 2022.

This offer is valid for the transfer of ISAs, pensions, Junior ISAs and Child Trust Funds (CTFs) initiated during the offer period. The reward you will receive will be based on the total value of all completed transfers. You will receive either the Investment Boost or the Avios and not both. These rewards are not interchangeable, nor cumulative in nature. Terms and conditions apply.

Tax treatment depends on your individual circumstances and may change in future.

*What reward could I receive?

The size of your reward depends on the value of your transfer. If you make more than one transfer your reward will be based on the combined amount. Use the table below to see what you could receive. In order to qualify for this offer the total combined value of all transfers must be at least £5,000.

Transfer ValueInvestment Boost RewardAvios Reward

£300,000+

£3,000

300,000

£200,000 - £299,999

£2,000

200,000

£150,000 - £199,999

£1,500

150,000

£100,000 - £149,999

£1,000

100,000

£50,000 - £99,999

£500

50,000

£30,000 - £49,999

£200

20,000

£25,000 - £29,999

£150

15,000

£10,000 - £24,999

£50

5,000

£5,000 - £9,999

£25

2,500

Need more information?

If you're considering moving your investments to Nutmeg to take advantage of our offer and want a chat first, you can book a free call with one of our experts. Our Wealth Services team are on hand to help you understand the process and what reward you could get.

Book a free call

Consolidate your pensions

It's easy to consolidate your existing pensions with us. Your reward will be determined by the total value of your transfers. Ensure you first register for the offer using the form at the top of this page, sign into your dashboard, click the Transfers dropdown on the left hand menu and select Transfer a pension. If you are a new client you will first need create an account, before you can initiate pension transfers.

Please note that during any transfer, your investment will be out of the market.

Transfer ISAs, Junior ISAs and CTFs

Whether you are moving from a stocks and shares ISA with another provider or moving from a cash ISA to stocks and shares, it's easy to transfer to Nutmeg. Junior ISA and Child Trust Fund transfers are now included within this offer. Ensure you first register for the offer using the form at the top of this page, sign into your dashboard and you'll see a link for Transfer a ISA or Transfer a JISA or CTF on the left hand side. If you are a new client, you will need create an account before you can sign into your dashboard and initiate an ISA, JISA or CTF transfer.

Transfer a combination of pensions and ISAs

You may be able to reach a higher reward tier by transferring a mix of pensions, ISAs, Junior ISAs and Child Trust Funds to Nutmeg. Any transfer initiated during the promotional period can count towards your reward. Your rewards will be paid out within 6 months of all transfers being initiated.

In cases where transfer require more than 6 months to be completed, the reward will be paid into your account upon the transfer completion.

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

The Offer
1. The following terms and conditions apply to this Transfer Offer Promotion (the “Promotion”).

2. As part of this Promotion, if you transfer an ISA and/or a Pension and/or a JISA or Child Trust Fund to Nutmeg Saving & Investment Limited (“Nutmeg”) you will receive:
(a) cashback into your portfolio as “un-allocated cash” (also see clause 15 below), up to a maximum cashback of £3,000 as set out in Table 1 below (the “Investment Boost Reward”); OR
(b) an Avios reward, up to a maximum of 300,000 Avios points as set out in Table 1 below (the “Avios Reward”).

3. For the avoidance of doubt, the Investment Boost Reward and Avios Reward are not interchangeable in nature, nor cumulative, they cannot be combined.  You must opt for either the Investment Boost Reward or the Avios Reward.

4. The main agreement between you and Nutmeg is set out in the Nutmeg Standard T&Cs, which are available here. The terms set out below are the “Promotional Offer T&Cs”. The Promotional Offer T&Cs set out additional terms, including some terms which amend the Nutmeg Standard T&Cs. You should read both sets of T&Cs before redeeming the Investment Boost Reward or Avios Reward.

5. The capitalised words in these Promotional Offer T&Cs have the same meaning as in the Nutmeg Standard T&Cs, unless they are expressly given a different meaning here.

6. If there is an inconsistency between (a) the Promotional Offer T&Cs; and (b) the Nutmeg Standard T&Cs, these Promotional Offer T&Cs will apply.

7. By completing the product transfer request in accordance with paragraph 11(b) or 12(b) below, you are agreeing to be bound by these Promotional Offer T&Cs and the Nutmeg Standard T&Cs.

Availability
8. The Promotion will run from 00:01 on 15th June 2022 to 23:59 on 31st July 2022 (the “Promotion Period”).

9. This Promotion is open to new and existing customers who wish to transfer an existing ISA, JISA/Child Trust Fund or pension from another provider to Nutmeg. 
(a). Existing customers are individuals who are Nutmeg customers that have opened an account before the 15th June 2022.
(b). New customers are individuals who:
(i). Have not invested with, or used the services of Nutmeg before; and
(ii). Meet the eligibility requirements in Sections 1.1 and 1.2 of the Nutmeg Standard T&Cs, at the date of opening a Nutmeg account; and
(iii). Will be transferring an existing ISA, JISA/Child Trust Fund or Pension into a Nutmeg Stocks and Shares ISA, JISA or Pension. 

10. This offer cannot be claimed:
(a). in conjunction with any other Nutmeg offer, or promotion; or
(b). to transfer an existing ISA or Lifetime ISA into a Nutmeg Lifetime ISA; or
(c). to transfer a defined benefit pension scheme into a Nutmeg Pension; or 
(d). to transfer any eligible product into a Nutmeg 100%-cash pot.

Accepting the Offer - Investment Boost Reward
11. To accept Nutmeg’s offer, and receive the Investment Boost Reward (into “un-allocated cash”) as set out in Table 1a below, you must do each of the following things during the Promotion Period:
(a). Ensure the transfer(s) you wish to initiate meets the minimum threshold of £5,000. If you complete multiple transfers, the cumulative value of the transfers will count towards the minimum threshold; and

(b). complete the product transfer request via the relevant link:
(i). For both new and existing customers the relevant link is: www.nutmeg.com/promo/transfer-offer
(c). fill out your email address, using the field provided.

Accepting the offer – Avios Reward 
12. To accept Nutmeg’s offer, and receive the Avios Rewardas set out in Table 1b below, you must do each of the following things during the Promotion Period:
(a). Ensure the transfer(s) you wish to initiate meets the minimum threshold of £5,000. If you complete multiple transfers, the cumulative value of the transfers will count towards the minimum threshold; 
(b). complete the product transfer request via the relevant link:
(i). For both new and existing customers the relevant link is: www.nutmeg.com/promo/transfer-offer
(c). fill out your email address, using the field provided; and
(d). provide a valid British Airways Executive Club membership number.

13. If you fail to provide to Nutmeg a valid British Airways Executive Club membership number, Nutmeg reserves the right to allocate to you the relevant Investment Boost reward. 

Table 1a

  • Transferred Value: £5,000 - £9,999 = Investment Boost Reward: £25
  • Transferred Value: £10,000 - £24,999 = Investment Boost Reward: £50
  • Transferred Value: £25,000 - £29,999 = Investment Boost Reward: £150
  • Transferred Value: £30,000 - £49,999 = Investment Boost Reward: £200
  • Transferred Value: £50,000 - £99,999 = Investment Boost Reward: £500
  • Transferred Value: £100,000 - £149,999 = Investment Boost Reward: £1,000
  • Transferred Value: £150,000 - £199,999 = Investment Boost Reward: £1,500
  • Transferred Value: £200,000 - £299,999 = Investment Boost Reward: £2,000
  • Transferred Value: £300,000+ = Investment Boost Reward: £3,000

Table 1b

  • Transferred Value: £5,000 - £9,999 = Avios Reward 2,500
  • Transferred Value: £10,000 - £24,999 = Avios Reward 5,000
  • Transferred Value: £25,000 - £29,999 = Avios Reward 15,000
  • Transferred Value: £30,000 - £49,999 = Avios Reward 20,000
  • Transferred Value: £50,000 - £99,999 = Avios Reward 50,000
  • Transferred Value: £100,000 - £149,999 = Avios Reward 100,000
  • Transferred Value: £150,000 - £199,999 = Avios Reward 150,000
  • Transferred Value: £200,000 - £299,999 = Avios Reward 200,000
  • Transferred Value: £300,000+ = Avios Reward 300,000

For the avoidance of doubt, rewards are not cumulative in nature and cannot be combined.

When and how the Investment Boost Reward will be paid?
14. The Investment Boost Reward will be paid to your account within six (6) months of initiating your product transfer request. If the product transfer requires more than six (6) months to be completed, the Investment Boost Reward will be paid to your account upon the transfer completion.

15. In every case:

(a). The Investment Boost Reward will be left in 'un-allocated cash' and you will be notified that you have cash waiting for allocation. You can then choose which fund to allocate this cash to, or submit a request to withdraw the ‘un-allocated cash’.

(b). The “un-allocated cash” is not part of an ISA, JISA or pension tax wrapper.  If you wish to add this to your ISA, JISA or pension you will need to transfer the cash into the relevant wrapper.  This will be treated as a contribution into the tax wrapper and is subject to contribution limits under the relevant tax rules of each tax product.   Clients are responsible for making any contribution into a tax wrapper and should check they do not exceed allowable contribution limits.

When and how the Avios Reward will be paid?
16. The Avios Reward will be awarded to your British Airways Executive Club account within six (6) months of initiating your product transfer request. Please note it may to 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 Avios Reward will be awarded to your British Airways Executive Club account upon the transfer completion.

General

17. Nutmeg cannot be held responsible for any issue or delays in transferring your ISA, JISA/Child Trust Fund or Pension caused by the ceding provider. 

18. In addition to its rights in the Nutmeg Standard T&Cs, Nutmeg reserves the right to change, terminate or withdraw the Promotion at any time without prior notice to you in cases of:

(a). suspected abuse, fraud or violation of its rules; or

(b). your failure to comply with any obligations under these Promotional Offer T&Cs ; or

(c). unexpected operational constraints. 

Where this Promotion is changed, terminated or withdrawn in accordance with this paragraph 18, these Promotional Offer T&Cs will no longer apply.

19. These terms and conditions shall be governed by English law, and the parties submit to the non-exclusive jurisdiction of the courts of England and Wales.