Invest Engine £100 with £30 bonus

DiggerDogs

Hi all
I looked at the t&c and it seems that you need to maintain a minimum of £100 nett in the investment.  Now the question I have is if the value of the portfolio drops after you have deposited the £100 but not got the £30 in the 10 days is that term broken??  If it is I doubt anyone putting in £100 will keep the bonus.
TIA

Rudyson

I can't imagine you would lose the bonus purely because the value of the portfolio drops, but the simplest answer is to phone/email them and ask that specific question

sazandy25

DiggerDogs said:

Hi all
I looked at the t&c and it seems that you need to maintain a minimum of £100 nett in the investment.  Now the question I have is if the value of the portfolio drops after you have deposited the £100 but not got the £30 in the 10 days is that term broken??  If it is I doubt anyone putting in £100 will keep the bonus.
TIA

Did you get a reply?

Albermarle

DiggerDogs said:

Hi all
I looked at the t&c and it seems that you need to maintain a minimum of £100 nett in the investment.  Now the question I have is if the value of the portfolio drops after you have deposited the £100 but not got the £30 in the 10 days is that term broken??  If it is I doubt anyone putting in £100 will keep the bonus.
TIA

If the £100 was invested in the last few weeks it will most likely be worth more than £100, not less.

masonic

I raised this in the main InvestEngine thread here: https://forums.moneysavingexpert.com/discussion/comment/79356028/#Comment_79356028
I think it is just a poorly worded term. I put in £100, set it to invest, and only £99.87 was actually invested. I still received the £30 which I've not withdrawn yet. Though I haven't logged in to check, I'm sure my investment is now worth more than £100 given the market rises over the past couple of days. I don't think they'll try to claw back the £30 if markets subsequently fall.