Do I have to invest my £1,000 to qualify for the reward bonus?

No, you just need to deposit and maintain at least £1,000 in your NuWealth General Investment Account (GIA) until 5th July 2026.

You can choose to invest the money, but it's not required to unlock the savings reward  bonus. If you do invest, please remember that your capital is at risk and the value may go up or down.

If you leave the money in cash, it will earn interest (currently 3.5% AER (variable)), paid monthly and calculated daily. This interest is paid gross by Seccl’s nominated banking partner, Lloyds.

Whether you keep it in cash or invest, you’ll still qualify for the reward bonus — as long as the £1,000 remains in your GIA.

Maintaining £1,000 net deposit amount in your GIA:

Example 1: You deposit one lump sum of £1,000 in your GIA, which you do not invest. A few months later, you sell and withdraw £10 from an investment. As your total net deposits and withdrawals now equate to £990, which is under the £1,000 threshold, you are immediately no longer eligible for the reward bonus (even if you deposit more later).

Example 2: You deposit one lump sum of £1,500 in your GIA, which you do not invest. A few months later, you sell and withdraw £10 from an investment. As your total net deposits and withdrawals now equate to £1,490, which is above the £1,000 threshold, you are still eligible for the reward bonus.