No, everything else still stays the same. Your money is still just as safe and secure. You can request to withdraw your money at any time. We still offer up to 6.75% p.a.* on Go & Grow investments, etc. It’s the same rocket ship, just with different seats. We’ve only changed one small thing so we could keep everything else the same.
The net limit is per investor per month. So, if you have more than one Go & Grow account, you can only add up to €400 to all your accounts in total.
For example, your payment to all your Go & Grow accounts in one month can look like this:
Go & Grow Holiday: €200
Go & Grow Retirement: €100
Go & Grow Rainy day: €100
If you add more than €400 to your Go & Grow account, and you have either an active Portfolio Manager or Portfolio Pro account, the money exceeding the Go & Grow limit may be added to them. However, if your Portfolio Manager or Portfolio Pro is paused, the money over the limit will remain in Wallet where you can choose to withdraw it, or add it into Go & Grow the following month.
The limit only applies to Go & Grow.
The limit will only temporarily affect the referral program. However, you can still enjoy all the benefits it offers. You’ll get a 5% referral bonus of the total amount your friend invests within their first 30 days of signing up, and they’ll get a bonus for joining Bondora. It’s a win-win situation! The referral bonus will be 5% of their investment, capped at €20 per calendar month due to the €400 monthly cap for Go & Grow payments.
Let's take a real-life example:
16 Sep: You invite your friend John to Bondora. John signs up and adds €2,000
16 Sep: €400 is invested in John’s Go & Grow account
16 Sep: The €1,600 over the limit goes directly to John’s Wallet
01 Oct: €400 is invested automatically from Wallet into John's Go & Grow account
01 Oct: €1,200 remains in John’s Wallet
16 Oct: The 30-day referral period ends
Your 5% bonus is calculated on 16 October based on John’s total investment in the first 30 days, which was €800, Thus, you’ll receive €40 as a thank you for inviting John to Bondora.
Remember, there’s no limit to how many friends you can refer, so invite them today.
The limit is net per investor, per month. So, for example: If you add €400 to your one Go & Grow account, but withdraw €300 later in the month, then you can still add €300 to your account in that same month. So the net amount you can add to your account per month is currently €400.