Monthly savers prize draw – unlock your chance to win £250
When you set up monthly savings at Bestinvest, not only will you get on track to achieve your financial goals, you’ll also be automatically entered in our monthly savers prize draw!
With investment, your capital is at risk.
Upcoming monthly prize draws:
May's prize draw: enter by setting up monthly savings from 12 April - 12 May
June's prize draw: enter by setting up monthly savings from 12 May - 12 June
July's prize draw (final draw): enter by setting up monthly savings from 12 June - 12 July
The monthly savers prize draw will close on 12 July 2024.
Monthly savers prize draw
Set up monthly savings from just £50 before the 12th of the month and you are automatically entered into our monthly savers prize draw with a chance to win £250!
How our monthly savers prize draw works
- One monthly saver will be selected at random on 12th of each month and given £250, paid out within 30 days.
- Monthly savings must be set up before 12th of the month to qualify for that month’s draw.
- You can only win once in the 12 month period. If you win, you will be withdrawn from future draws.
- If you save monthly by direct debit or standing order, you’re also automatically included.
- You must be 18 years or older to enter the prize draw.
- The draw will run for 12 months. You can opt out of the draw if you wish.
- Winners will receive an email from us.
It’s easy to set up monthly savings at Bestinvest
Step 1
Have a Bestinvest account? Log in and follow Step 2 and 3
Want a Bestinvest account? You can choose from ISA, SIPP or an Investment Account. Open your account and follow steps 2 and 3.
Step 2
Select your account and click the ‘Monthly savings’ tab at the top of your screen
Or you can call us on 020 7189 9999
Step 3
Choose how much to save each month and select either a fund or cash deposit
Don’t forget to check if our monthly savers’ prize draw is right for you and take some time to read the terms and conditions.
Why set up monthly savings?
Start small, build big
Small amounts saved monthly can grow substantially over time through compounding – the snowballing effect of your returns generating more returns.
Stay focused
Regular investments aren’t affected by short-term market noise, panic selling or the latest news headlines. Monthly savings can help you stay focused on your financial goals.
Effortless saving
Liberate yourself from finding the time or motivation to make deposits every four weeks. Monthly saving is an effective – and effortless – way to get into the savings habit.
Efficient investing
With monthly saving you buy more when prices are low and less when they rise (known as pound cost averaging). This doesn’t create bigger profits (or losses) but it helps smooth out returns and reduce volatility.
Monthly savers prize draw FAQs
Check out our FAQs or contact one of our experts on 02071899999
Who can be in the prize draw?
Bestinvest clients aged 18 and older with monthly savings set up before 12th of the month are automatically entered. You can only win the cash prize once during the 12 month offer period.
How do I enter the prize draw?
Set up monthly savings to enter the cash prize draw. Accounts with monthly savings set up before 12th of the month qualify for that month’s draw. Otherwise, you will be entered into the following month’s draw.
What if I cancel my monthly saving ?
You can cancel your monthly saving at any time.
If you cancel your monthly saving before the 12th of the month then your account will be removed from that month's draw.
How will I know if I’ve won?
We will send you an email to confirm your account has been selected and explain how the £250 will be paid to you.
How will the prize be paid?
If you have a general investment account with us, it will be paid into this account directly. If you don’t have a Bestinvest general investment account, the money will be paid into your nominated bank account.
Is there a minimum amount for the monthly saving to qualify?
The minimum monthly saving is £50.
Does it matter whether the monthly saving is in cash or directly into an investment?
No. As long as you have a monthly saving set up on at least one account you will qualify for the offer.
How will prize appear on my account if I win?
The payment reference is BestinvestMS250.
Regardless of the choices you make you should always remember that investments go down as well as up and you may get back less than the amount originally invested. If you are in doubt as to a course of action, you should seek professional advice.