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Post by df on Dec 4, 2017 13:03:56 GMT
I've received this one on 1st Dec. Don't understand why others didn't get it? 1% is very little, but I don't see it as a commitment. You can still withdraw before 15th Dec 2018, all you will loose is that little bonus. I went for it. Funds were invested next day after deposit. I'll wait until May (anniversary for receiving my sign-up bonus). After that, if rates fall below RS rolling I will withdraw. What address was the bonus email from? The rates etc one was from greg@gs and I've had others from support@gs and freddie. Wondering if the bonus one came from a different sender? contact@growthstreet.co Never noticed this before, but checked now, GS e-mails arrive from a number of different addresses.
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treeman
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Post by treeman on Dec 4, 2017 13:17:36 GMT
What address was the bonus email from? The rates etc one was from greg@gs and I've had others from support@gs and freddie. Wondering if the bonus one came from a different sender? contact@growthstreet.co Never noticed this before, but checked now, GS e-mails arrive from a number of different addresses. Ah, maybe some weirdness at work - I'll drop them a line
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alender
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Post by alender on Dec 5, 2017 9:23:18 GMT
If you increase you investment by more than 20% there seems to be a contradiction on the amount available for the bonus when looking at the bonus offer on the web page.
1. Increase your total investment by 20%
Increase your investment by at least 20% by 7th December 2017 (see our example below).
3. Receive bonus
By 15th December 2018, we will credit your account with a bonus payment equal to 1% of the total balance you committed.
This implies to me that if you increase you investment by more than 20% you would receive the Bonus on the full amount of the original investment and the increase (which is the committed amount in to the example).
But in the terms and conditions it states
If you qualify for the bonus, on or before 15th December 2018, we will credit your account with an amount equal to 1% of the total amount you committed (i.e. your Current Investment + the extra 20% you deposited).
This seems to imply that you will only get the bonus on the original amount + a maximum of 20% deposited.
I have checked with GS and the Bonus is set to original amount + a maximum of 20% deposited so any additional deposit will not qualify for the Bonus.
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r00lish67
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Post by r00lish67 on Dec 5, 2017 9:41:08 GMT
<snip> I have checked with GS and the Bonus is set to original amount + a maximum of 20% deposited so any additional deposit will not qualify for the Bonus. Really? That's dramatically misleading if so. The first 3 points about the promotion in big and bold up front are: Increase your investment by at least 20% by 7th December 2017 (see our example below). Invest for 12 months Maintain that level of investment until 1st December 2018. By 15th December 2018, we will credit your account with a bonus payment equal to 1% of the total balance you committed. If they're really using the last line of the small print to clarify that there's a cap on the bonus, then that's really poor form. Online casino bonus terms territory. I'll double check with them too. Edit: Confirmed that's the case  I've filed a complaint to them. Link here should anyone else wish to use it. I'm really surprised, and hope they can resolve this. help.growthstreet.co.uk/lending-via-the-investor-marketplace/how-do-i-make-a-complaintEdit2: I've had a 'undeliverable' message in trying to send an e-mail to their complaints inbox, saying it doesn't exist. So you may need to copy in their usual customer service address, unless I've done something silly.
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pom
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Post by pom on Dec 5, 2017 10:51:17 GMT
<snip> I have checked with GS and the Bonus is set to original amount + a maximum of 20% deposited so any additional deposit will not qualify for the Bonus. Really? That's dramatically misleading if so. The first 3 points about the promotion in big and bold up front are: Increase your investment by at least 20% by 7th December 2017 (see our example below). Invest for 12 months Maintain that level of investment until 1st December 2018. By 15th December 2018, we will credit your account with a bonus payment equal to 1% of the total balance you committed. If they're really using the last line of the small print to clarify that there's a cap on the bonus, then that's really poor form. Online casino bonus terms territory. I'll double check with them too. Edit: Confirmed that's the case I've filed a complaint to them. Link here should anyone else wish to use it. I'm really surprised, and hope they can resolve this. help.growthstreet.co.uk/lending-via-the-investor-marketplace/how-do-i-make-a-complaintEdit2: I've had a 'undeliverable' message in trying to send an e-mail to their complaints inbox, saying it doesn't exist. So you may need to copy in their usual customer service address, unless I've done something silly. Perhaps they assume nobody's likely to be that keen to top-up by more than the minimum anyway?  Was in two minds but as one of my regular saver accounts matures today I figure it can't hurt to stick a bit more in and wait and see what happens with rates and whether I can still be bothered when the original offer matures
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m2btj
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Post by m2btj on Dec 6, 2017 15:31:44 GMT
I've got £3500 sitting on the market at 5.2% priority rate since Monday afternoon. I'm inclined to now give this offer a miss before investing another £3000 in GS. There's no point in tying up funds which sit on the market for days not earning interest.
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Post by nesako on Dec 8, 2017 9:16:41 GMT
I've got £3500 sitting on the market at 5.2% priority rate since Monday afternoon. I'm inclined to now give this offer a miss before investing another £3000 in GS. There's no point in tying up funds which sit on the market for days not earning interest. Took 2 days to lend my £500... PS. If you have £3500, you would only need to add another £700 (20%) to get the offer.
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m2btj
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Post by m2btj on Dec 8, 2017 9:40:10 GMT
I've got £3500 sitting on the market at 5.2% priority rate since Monday afternoon. I'm inclined to now give this offer a miss before investing another £3000 in GS. There's no point in tying up funds which sit on the market for days not earning interest. Took 2 days to lend my £500... PS. If you have £3500, you would only need to add another £700 (20%) to get the offer. I have just under £15k with GS & decided to give the offer a miss. My £3.5k is still on the market this morning & I'll probably start reducing my holding in GS. Falling rates & increased cash drag is the decider.
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treeman
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Post by treeman on Dec 8, 2017 11:56:39 GMT
What address was the bonus email from? The rates etc one was from greg@gs and I've had others from support@gs and freddie. Wondering if the bonus one came from a different sender? contact@growthstreet.co Never noticed this before, but checked now, GS e-mails arrive from a number of different addresses. It appears I may have opted out of marketing emails at some point .......... no recollection of so doing but that doesn't mean much I asked to be opted back in .............
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Post by nesako on Dec 14, 2018 16:39:05 GMT
Seems like it will be dead on 15th as today is 14th and still waiting  |
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pom
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Post by pom on Dec 15, 2018 13:52:09 GMT
Bonus received and larger offer of 2% if you repeat...which if you took part in the recent +2.5k I think means a double bonus on that money....
My only concern is I'm starting to lose track of all the bonuses.. have never been one to track XIRR and I certainly have no clue what my actual returns have been given how much each bonus offer has overlapped.
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Post by df on Dec 15, 2018 17:17:54 GMT
Bonus received and larger offer of 2% if you repeat...which if you took part in the recent +2.5k I think means a double bonus on that money.... My only concern is I'm starting to lose track of all the bonuses.. have never been one to track XIRR and I certainly have no clue what my actual returns have been given how much each bonus offer has overlapped. I had it in my diary and very pleased that the bonus was received on the exact day. With LW I had to chase my bonus a month after it was due and probably wouldn't get it if I didn't call. 2% is a good offer on 20% increase, I'll probably go for it, but concerned that I'm already overexposed to GS. There is a danger to fall into a trap as so many bonuses are offered by various platforms. I got too high on AC, will have to start withdrawing some funds next week and won't go for any more offers there. I stayed away from all bonus offers on LC and don't regret it as my total p2p exposure is already over a limit I've set for myself.
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Greenwood2
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Post by Greenwood2 on Dec 15, 2018 20:49:23 GMT
I have exited GS not for any bad reason but just a new platform with basically an invoice discounting model. I'm a bit off new and particularly invoice discounting, I may be back after Brexit.
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IFISAcava
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Post by IFISAcava on Dec 15, 2018 21:24:58 GMT
I have exited GS not for any bad reason but just a new platform with basically an invoice discounting model. I'm a bit off new and particularly invoice discounting, I may be back after Brexit. you might be waiting quite a while then...
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Greenwood2
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Post by Greenwood2 on Dec 16, 2018 8:02:39 GMT
I have exited GS not for any bad reason but just a new platform with basically an invoice discounting model. I'm a bit off new and particularly invoice discounting, I may be back after Brexit. you might be waiting quite a while then... Very true!
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I've filed a complaint to them. Link here should anyone else wish to use it. I'm really surprised, and hope they can resolve this. 
