10 lucky customers will win a cash prize worth twice the value of money they save in an Interest Pocket* (up to a max of £2,000) before June 5th 2023.
Here’s how invited customers can take part in the promotion and gain additional entries to increase their chances of winning.
*Interest Pockets are provided by Investec Bank Plc.
1. Deposit at least £100 into an Interest Pocket
To qualify for entry into this promotion, an invited customer must deposit a total of £100 or more into an Interest Pocket before 5th June 2023. Customers using the Basic (free) version of Plum can open a Pocket with a 2.20% AER, with 2.45% AER available for Pro and Ultra subscribers (priced at £2.99 and £4.99 per month, respectively) and our best rate of 2.90% AER given as a special reward to those on our Premium tier (£9.99 p/m).
2. Make extra deposits (1 entry per £100)
Once an invited customer has saved £100 or more in an Interest Pocket and qualified for entry into this promotion, they can earn extra entries by depositing more money into Plum. The money doesn't need to be deposited in 1 lump, but for each additional £100 total deposited, eligible customers will earn an extra chance to win 1 of the 10 cash prizes of up to £2,000.
3. Turn on automated deposit Rules
Our app offers up to 8 deposit Rules that can be enabled individually and fine tuned to keep you in control of how much money Plum deposits. There are simple options like Round Ups, gamified Rules including Rainy Days, or more advanced tools such as our Automatic algorithm. Each Rule that invited customers have enabled at the end of the promotion counts for 1 extra entry.
4. Open a Stocks & Shares ISA
A Plum Stocks & Shares ISA is a way to invest in our range of managed funds and avoid paying Capital Gains Tax on any earnings (in accordance with ISA rules). If an invited customer successfully opens a Stocks & Shares ISA with us before the promotion end date, they’ll receive 5 additional entries.
To finish opening your Stocks & Shares ISA with us, we may need to perform a KYC (Know Your Customer) check. Please note that all outstanding checks must be completed before the promotion end date for your entry to be included.There is no purchase necessary. As with all investments, capital is at risk. The value of investments can go down as well as up.
5. Refer friends to download Plum
Finally, and in addition to our regular scheme, we’re offering invited customers a special referral reward! For each referee who successfully downloads Plum with their link and starts using the app (the definition of a “successful” referral will be outlined in the referral invite) before the promotion end date, we’ll give the referrer 1 additional entry and an extra chance to win.
5 easy ways to enter, and 10 prizes of up to £2,000 to be won.
Capital at risk. The value of your investments can go down as well as up.