You could say goodbye to fees with Moneyfarm – Here’s how

Imagine being able to reduce your Moneyfarm management fees, or not pay them at all. Sounds too good to be true? In reality, it’s simple and convenient thanks to our referral program. If you’re already a Moneyfarm client, you have the opportunity to invite friends and family to invest with us too, and we’ll reward you all with some great perks.

How does it work?

You’ve discovered the value of simpler, more accessible investing with Moneyfarm. Why not help your friends and family do the same? For a limited time only, we’ve doubled our usual referral bonus from 0.1% to 0.2% discount. 

Every time someone signs up to Moneyfarm using your invitation code, you will both receive a 0.20% discount on management fees for six months. If you’re already a Moneyfarm client you will have received a link to your referral code via email.

From now until 31 December, when you refer a friend to Moneyfarm, you’ll enjoy:

• 0.2% discount on management fees for six months. 
• For each successful referral, an additional 0.2% discount for six months. (Please note that this discount will not allow for fees to be less than 0%.)
• Potential for significant savings on your investments.

Let’s walk through a quick practical example to better understand the potential benefits.

How much could I save?

Suppose you currently pay 0.50% in fees on your Moneyfarm account. For each person who signs up thanks to your referral, you’ll save 40% on your fees for six months. If you invite more people, the savings increase, allowing you to progressively reduce your fee costs until there are none to pay.

How much those you invite can save 

Friends and family who sign up through your referral will not only benefit from our expert guidance but will also enjoy a 0.20% discount on their fees too. For example, if a friend invests £20,000 and would normally pay 0.75% in fees, thanks to your referral, they can save 27% on fees for the first six months.

Let’s look at a real-life example: 

Currently, you pay 0.50% in fees on your Moneyfarm account.

• Referral savings: For each person who signs up through your referral, you save 40% on your fees for six months.

Let’s calculate the savings:

• Current fee rate: 0.50%

If you refer someone, your fee savings for six months would be:

• Savings rate: 40% of 0.50% = 0.40% (savings rate per referral)
• Savings amount: If your account balance is £10,000, your savings would be £10,000 * 0.40% = £40 for six months per referral.

Don’t miss out on this fantastic opportunity

The great thing about this bonus is that the discounts are cumulative. The more people you invite, the greater the savings for both you and them. This means that with a little word of mouth, you could potentially eliminate your fees entirely. 

Already have someone in mind? Maybe a friend who is considering investing or a family member who wants to better manage their savings. But don’t wait. You only have until the end of the year to take advantage of this great opportunity.

Don’t miss the chance to save with the people you care about. Share your referral code and start enjoying the benefits of investing with Moneyfarm together.

As with all investing, your capital is at risk. The value of your Moneyfarm portfolio can go down as well as up, and you may get back less than you invest.

*Read the full terms in the Terms & Conditions of the promotion. Offer valid until December 31, 2024.