You are here: Home - Investing - Getting Started - News -

Chase customers to get 10% boost when investing with Nutmeg

Written by:
Chase customers who are new to investing with Nutmeg will be able to bag £100 when depositing £1,000 with the digital wealth manager before the end of the tax year.

It’s all part of Nutmeg products and services integrating with digital challenger Chase, following JP Morgan Chase’s acquisition of the robo-adviser in 2021.

Over the next few weeks, Chase and Nutmeg customers will be able to link their accounts and see their investments, current accounts and savings within the Chase app.

For those who have yet to open an account and invest with Nutmeg, they can gain a £100 boost when signing up via the Chase app and investing £1,000 with Nutmeg before 5 April 2023. This can be in a Nutmeg ISA, Lifetime ISA, Junior ISA, general investment account or pension.

To do this, customers need to:

  1. Log in to the Chase app and go to the ‘Save & Invest’ tab, then scroll down to ‘Investments’ and tap ‘Take a look’
  2. Choose ‘I’m new to Nutmeg’ and follow the on-screen steps to ‘Get started’
  3. Confirm or edit their details, before reading and accepting the T&Cs
  4. Install or open the Nutmeg app, create an account and contribute at least £1,000.

The money needs to remain invested until 30 June 2023.

The firms said “bringing Chase and Nutmeg together in one place gives customers greater control, transparency and oversight of their finances, while also providing Chase’s one million banking customers with easy access to award-winning investment products and financial planning services.”

Nutmeg won the Best Investment Platform for User Experience at the Investment Awards 2023.

Sanjiv Somani, UK CEO of Chase and Nutmeg, said: “We set out to offer customers a more rewarding banking experience, with good value products and services that meet their needs. We know investing is of interest to many Chase customers and Nutmeg has spent a decade democratising wealth management and making investing more accessible to more people.

“Providing our customers with a single view of their wealth – be it their everyday spending, cash savings or their long-term investments – helps them to better understand their own financial position at a time when it has arguably never been more critical.”

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

Your right to a refund if travel is affected by train strikes

There have been a wave of train strikes in the past six months, and for anyone travelling today Friday 3 Febru...

Could you save money with a social broadband tariff?

Two-thirds of low-income households are unaware they could be saving on broadband, according to Uswitch.

How to help others and donate to food banks this winter

This winter is expected to be the most challenging yet for the food bank network as soaring costs push more pe...

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

DIY investors: 10 common mistakes to avoid

For those without the help and experience of an adviser, here are 10 common DIY investor mistakes to avoid.

Mortgage down-valuations: Tips to avoid pulling out of a house sale

Down-valuations are on the rise. So, what does it mean for home buyers, and what can you do?

Five tips for surviving a bear market mauling

The S&P 500 has slipped into bear market territory and for UK investors, the FTSE 250 is also on the edge. Her...

Money Tips of the Week