Your festive bonus
Earn a bonus of up to £5,000 when you increase your investment with us for a year*
Capital at risk. No FSCS protection.
*Terms and conditions apply
Investor risk warning
Your capital is at risk when you invest through Growth Street. Our investment products are not covered by the Financial Services Compensation Scheme. Read about our Loan Loss Provision here.
Earn an additional 2% on your increased investment, when you increase your investment by 16th December 2019.
This bonus is only open to existing investors.
If you don’t have an activated investor account already, you may be able to earn a Welcome Bonus. Find out more here.
Claiming your bonus is easy:
- Increase your investment by 16th December 2019
Increase your investment in your Growth Street Classic Account for one year. The value of the bonus will be equal to 2% of the value of your increased investment. - Receive bonus We will credit your Classic account with the bonus you’ve qualified for after a year. Terms & conditions apply (see below).
Terms and conditions
Capital at risk, no FSCS protection.
- You’ll be eligible for this bonus if:
- You had an activated Growth Street Classic Account on 1st December 2019.
- You increase your ‘Current Investment’ by 23:59:59 on 16th December 2019. Your ‘Current Investment’ is equal to the sum of your money on loan and money on market, in your Classic Account on 23:59:59 on 1st December 2019. This does not include money in your holding account. The sum of your money on loan and money on market at present is defined as your ‘Total Investment’. The increase you make to your Total Investment (i.e. the increase to your money on loan and money on market) between 23:59:59 on 1st December 2019 and 23:59:59 on 16th December 2019 is defined as your ‘Increased Investment’.
- You can request to withdraw your money at any time, but to qualify for the bonus you must always maintain a Total Investment equal to or greater than your Current Investment plus your Increased Investment until at least 1st December 2020. This will require you to have “Reinvest Principal” enabled in your reinvestment settings.
- If you qualify for the bonus, you will be paid a bonus of 2% of the value of your Increased Investment, with a maximum bonus of £5,000 if the value of your Increased Investment is equal to or greater than £250,000.
- Any bonuses payable will be credited to the eligible recipient’s Growth Street Classic Account within 14 working days of qualifying. The bonuses are not transferable and no alternatives will be offered. You will be able to invest your bonus on the platform or withdraw it as you wish. You will only be eligible for a bonus if you still have an activated Growth Street Classic Account when the bonus becomes payable.
- No bonuses will be payable, and any right to any bonus will be lost, on the occurrence of a Resolution Event in accordance with clause 6 of the Investor Terms. In accordance with the Investor Terms, you will be notified as soon as possible and by no later than 5 working days where a Resolution Event is declared.
- Employees of Growth Street Exchange Limited, Growth Street Limited, or any associated companies are not eligible for the bonus.
- Unless stated otherwise in the terms and conditions, each Growth Street bonus operates independently, and you can be eligible for multiple bonuses at any given time. Whether you receive each bonus will depend on your adherence to the terms of each scheme.
If you are unsure about anything relating to this offer or would like to confirm how much you need to deposit in order to be eligible, just give us a call on 0808 123 1231, email us at support@growthstreet.co.uk, or start a live chat.
Examples
- You already have a Growth Street Classic Account with a Current Investment of £15,000 on 1st December 2019. By 23:59:59 on 16th December 2019, you increase your investment by £10,000, so that your Total Investment increases to £25,000, and your Increased Investment is £10,000. If you maintain a Total Investment of at least £25,000 for one year, and meet all other terms of the offer, you will qualify for a bonus of £200 (2% of your Increased Investment, maximum bonus being £5,000), which will be paid into your Growth Street Classic Account by the 16th December 2020.
- You already have a Growth Street Classic Classic Account with a Current Investment of £150,000 on 1st December 2019. By 23:59:59 on 16th December 2019, you increase your investment by £300,000, so that your Total Investment increases to £450,000, and your Increased Investment is £300,000. If you maintain a Total Investment of at least £450,000 for one year, and meet all other terms of the offer, you will qualify for a bonus of £5000 (2% of your Increased Investment, maximum bonus being £5,000), which will be paid into your Growth Street Classic Account by the 16th December 2020.
- You already have a Growth Street Classic Account with a Current Investment of £30,000 on 1st December 2019. By 23:59:59 on 16th December 2019, you increase your investment by £20,000, so that your Total Investment increases to £50,000, and your Increased Investment is £20,000. After six months, you withdraw £10,000, so that your Total Investment decreases to £40,000. In this instance you would not qualify for the bonus, as your Total Investment did not stay at at least the sum of your Current Investment and your Increased Investment for the duration of one year.