New cashback offers and interest rates available

kuflink
Representative of Kuflink

We are authorised and regulated by the FCA

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New cashback offers and interest rates available Nov 9, 2018 16:49:48 GMT

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Post by kuflink on Nov 9, 2018 16:49:48 GMT

Hi everyone,

We’ve been listening to your feedback throughout the year and wanted to share some good news – from today, we’re increasing our interest rates and the amount of cashback you can earn.

Kuflink’s IF-ISA and Auto-Invest

You’ll now earn more interest than ever before with our IF-ISA and Auto-Invest options, which have a minimum investment of just £100. Our rates have been increased to:

1 Year Fixed Term – 5% interest pa (was 3.99%)

3 Year Fixed Term – 6.1% interest pa (was 5%)

5 Year Fixed Term - 7% interest pa (was 5.35%)

Refer a Friend and New Investor Cashbacks

We’re also increasing the amount you could earn when you refer friends to Kuflink, and the cashback available for new investors. The new tiered bonus structure is:

£50 cashback for a £500 investment

£100 cashback for a £1,000 investment

£250 cashback for a £5,000 investment

We hope you’ll enjoy earning more with us and consider trying Auto-Invest and our IF-ISA if you haven’t invested in them before!

Feel free to get in touch with any questions,

The Kuflink Team

P.S – as with any peer to peer investment, please remember your capital is at risk. Terms and conditions apply for cashback offers, please visit the website, www.kuflink.co.uk for more details.

jnm21

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New cashback offers and interest rates available Nov 9, 2018 17:31:36 GMT

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Post by jnm21 on Nov 9, 2018 17:31:36 GMT

This seems like another attempt to sell a bitter lemon as a sweet strawberry - the RAF was £200 for £200 then £200 for £500, so IMHO, this is not exactly an unconditional increase! The very same reason I have not referred anyone recently!

EDIT: Also seems a little unfair that the lower levels are 10% where the top one is only 5% - surely the 'big hitters' (which I wouldn't be by far) are the ones you want to attract?

Last Edit: Nov 9, 2018 17:58:10 GMT by jnm21

puddleduck
Member of DD Central

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New cashback offers and interest rates available Nov 12, 2018 12:46:41 GMT

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Post by puddleduck on Nov 12, 2018 12:46:41 GMT

Nov 9, 2018 16:49:48 GMT kuflink said:

Hi everyone,

We’ve been listening to your feedback throughout the year

Hello kuflink

Have you listened to the feedback regarding new signups needing to do selfies / videos?

Reason I ask is that I have a large auto-invest maturing soon, and I'm somewhat tempted by another year at 5%.

But I need reassurance that you do not plan to roll this out retrospectively to existing investors. Your rates are not that competitive, and I can do better on many other sites - and they are not asking me to faff about with webcams etc!

kuflink
Representative of Kuflink

We are authorised and regulated by the FCA

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New cashback offers and interest rates available Nov 13, 2018 16:48:54 GMT sussexlender and puddleduck like this

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Post by kuflink on Nov 13, 2018 16:48:54 GMT

Hi puddleduck

We have indeed – we read all of your comments on the forum and where appropriate, our senior management discuss how we can adapt in line with your feedback.

Our existing investors will not be asked to complete another AML check, this is purely for new sign ups. We recognise that the selfie approach isn’t for everyone and are looking at adding a manual option (i.e. providing a document number) so that investors can choose.

Kuflink’s compliance and investor relations teams are working together to achieve an accessible, secure process so please watch this space.

Mucho P2P
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New cashback offers and interest rates available Nov 26, 2018 18:52:20 GMT

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Post by Mucho P2P on Nov 26, 2018 18:52:20 GMT

Nov 13, 2018 16:48:54 GMT kuflink said:

Hi puddleduck

We have indeed – we read all of your comments on the forum and where appropriate, our senior management discuss how we can adapt in line with your feedback.

Our existing investors will not be asked to complete another AML check, this is purely for new sign ups. We recognise that the selfie approach isn’t for everyone and are looking at adding a manual option (i.e. providing a document number) so that investors can choose.

Kuflink’s compliance and investor relations teams are working together to achieve an accessible, secure process so please watch this space.

Please let us know when a non-selfie option is up and running and I will then complete my application.

"providing a document number ", you already have my passport number before I realised that you also needed the selfie, what other document numbers are you considering?

Thx for your attention to the above.