Post by rscal on Jan 2, 2019 13:17:23 GMT
£75 for the Referrer, tiers of £50 (£1,000) £100 (5,000), £150 (10,000) £250 (£20,000) for the friend PLUS they can pick up a separate £100 from investing £1,000 in an 2019/20 ISA
Pls discuss.
[My initial thoughts: It's probably only worth investing the minimum amounts - or a bit over - to receive either of the two benefits. Of couse with an ISA you are giving up the potential benefits unless you maximize your investment allowance there. None the less you could open an ISA with £1000 ish and add to that thoughout the year (i.e. not a way that is time dependent on this offer) and lock in the C/B and likewise with a regular investment. So my suggestion would be: qualify w/ £1000+ in each account and collect a certain £50+£100 at the conclusion and hope/aim to top up your ISA /other thereafter]
[An additional thought. Since
but
"The Referred must keep at least the additional minimum of £1,000 invested in their 2019/20 Assetz Capital ISA for the remainder of the initial minimum investment period of 12 months to receive the £100 ISA boost on their cashback."
"The Referred may move their funds between investment accounts including ISA wrapped accounts during the 12 month qualification period providing the minimum of £1,000 remains invested, however they must not remain uninvested for any more than a total of two days throughout the minimum investment period."
One could gain £20,0000 ISA-able benefit plus £1,000 non-ISAable and collect £350 by maxi subscribing the first part [£250 for £20k] of the offer in February, Opening an ISA with a further £1,000 [£100] after April and shortly after the initial deposit transferring (wihout incurring any 'break' in the original qualifying investment term) the bulk of the non-ISA investment into the ISA up to the ISA allowance - it would not matter that these funds were qualifying for the non-ISA bonus as indicated by the above quote. The 30DAA seems to be an obvious account to use for this. [£350/21,000 = 1.67%]
[If this is too complicated for some to bother with the simpler - though less tax efficient - option is to top up the ISA from this source after the first qualifying period ends in Feb '20 and before 5 Apr '20 of course]