What do I need to do to qualify for the Super Boost?
To qualify for a Super Boost rate, you must have entered the offer code in the Prosper app, funded the cash savings product (Santander International 3 Month Fixed Term Deposit or GB Bank Fixed Term Deposit) and completed all other relevant conditions (opening an ISA, GIA or SIPP account and funded with £15,000) within 30 calendar days from funding the cash savings account.
How long will my money be locked in for?
For your savings account, your funds are locked into the Fixed Term and unavailable for withdrawal until the end of the agreed Fixed Term. At the end of the Fixed Term, your deposited funds plus any interest earned will be returned to your account with Prosper. There are no charges for returning your funds at the end of the Fixed Term.
Can I top up one of my existing investment accounts to qualify?
Yes, you can. If you already have an investment account with Prosper, you can add funds to it. As long as your account balance reaches at least £15,000 within 30 days of entering your offer code – and you meet the other qualifying criteria – your Super Boost will be applied.
Can I take money out of my investment account for the duration of the Fixed Term?
In order to qualify, the value of the deposit in your investment account should be at least £15,000 for the duration of the Fixed Term on your cash savings account.
How will I know whether I’ve met all the criteria?
You won’t be able to track your Super Boost progress in the Prosper app for now, but don’t worry, we’ll notify you directly via email once all the qualifying criteria have been met and your Super Boost has been applied.