Wealth enhancement service, Nuwealth, introduces a readily accessible saving plan boasting a competitive 5.11% interest rate, linked to its investment account.
Revamped Welcome:Hey there! Nuwealth has dropped a new combo deal - Save & Invest Together! This offer's got the power to boost your investments AND short-term growth. Here's the breakdown.
You'll bag a whopping 5.11% interest rate on savings for a full year, but here's the catch - you gotta invest a grand in their general investment account AND open a Nuwealth savings account by 4th July. Existing customers can still hop on board by opening that general investment account with the required deposit.
So, why's this offer so appealing? Well, NuWealth is part of Quilter, so you're not just growing your money now, but also setting it up for long-term growth.
The 5.11% rate? It includes a juicy 1.25% bonus for the 12-month period. This sweetener is available on deposits up to £5k. To receive this bonus, keep at least a grand in your general investment account for a full year.
Kane Harrison, Nuwealth's CEO, shared, "Investing might seem daunting, but our Save & Invest Together offer makes it easy. It enhances your savings returns while building long-term wealth." He continues, "Investing is the key to financial security. Plus, savers crave cash flexibility. This offer nails it!"
Add-ons:
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Our Two Cents
This offer has the potential to deliver strong interest returns on your cash savings while growing your investments over the long haul.
Remember, markets can be volatile, but investments, when held for an extended period, like 3-5 years or more, can beat inflation and increase wealth. Harrison advises, "While investments can go up and down, history shows that long-term investors are likely to come out ahead."
The UK government is also pushing for growth by encouraging investing in UK equities, so now seems like the perfect time to take that first step into the investment world. Harrison adds, "Encouraging broader participation in investing is essential for long-term financial resilience, and initiatives like ours make that journey easier and more rewarding."
Deep dive:
Considerations1. Risk Tolerance: Align your investments with your risk tolerance. More return means more risk.2. Market Conditions: Markets can be unpredictable, so adapting to changing conditions is vital for long-term growth.3. User Engagement: Keep tabs on your investments and be prepared to adjust your portfolio as needed.
Taking these factors into account, Nuwealth's offer opens the door to long-term growth with its flexibility, diverse investment options, and low fees. But like any investment, success depends on your strategy and market conditions. Happy saving and investing!
This offer presents an opportunity to enhance your savings returns while establishing long-term wealth through Nuwealth's Save & Invest Together package, which combines a high-interest savings account with an investment account. By investing £1,000 and opening a Nuwealth savings account by 4th July, you can benefit from a 5.11% interest rate on savings for a year, with a 1.25% bonus for the 12-month period. This offer aligns with the UK government's drive for growth by encouraging investing in UK equities, potentially making now the ideal moment to venture into the investment world.
