Go & Grow Unlimited is Bondora’s easiest way to grow your money online. It’s a hands-off online investment, meaning you simply add money to your account, and it does all the work for you! The best part? You don’t need any investment experience. Go & Grow Unlimited has been carefully designed to be super user-friendly for everyone, regardless of age or financial expertise. Simply add money to your account and watch it grow every day.
Please note: The Go & Grow tier that earns up to 6.75% p.a.* is temporarily exclusive to investors who joined Bondora before 24 August 2022. Read more here.
In essence, you are becoming the bank for other people’s loans. The money that your investment is used to fund their loans with Bondora. In turn, the loan repayments that they make to Bondora fund the returns that you earn on your investment.
The entire Go & Grow portfolio consists of hundreds of thousands of these individual loan pieces and is spread across different credit ratings. This means it’s a highly diversified portfolio. More diversification means less risk, which indicates more stability and higher possible rewards.
You will earn a daily return rate of up to 4.0% p.a. Although this return isn’t guaranteed, it has in the history of Go & Grow, always remained steady. You can use the forecast tool to get a glimpse into the earning possibilities with Go & Grow.
There are no management fees! So to invest with Go & Grow Unlimited is free.
The only fee you have to pay is the €1 withdrawal fee. The good news is, it’s a flat rate. So whether you withdraw €50 or €500—you’ll only pay a €1 withdrawal fee. This helps us continue to operate the Bondora platform. You only pay tax when you withdraw more than what you invested. You can read more about paying taxes here.
You can withdraw your money at any time! There are no penalties and you only have to pay the flat €1 withdrawal fee. Of course, the longer you keep your money in your Go & Grow Unlimited account, the higher returns you’ll earn. In extraordinary cases, you might not be able to take out all your money immediately, as there’s a built-in feature that protects your net return and investment called partial payouts. Read more about partial payouts here.
Take a look at our dedicated page on bondora.com