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Standard Account
ISA Account
Margin Account
SIPP Account
Administration
B2B Services
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Bonus Program
Bonus Interest
Clients who carry large cash balances may be eligible for iDealing's Bonus Interest Scheme. Part of our Bonus Program, Bonus Interest is credited to eligible clients in our sole discretion, and past receipt does not create any entitlement to any future entitlement, nor does receipt by one eligible client guarantee receipt by another.
Bonus Interest is in addition to any interest iDealing may pay on credit balances as part of its normal operations.
Details of Bonus Interest for the previous Interest Period may be found below:
| UserAverage |
GBP |
50,000.00 |
STD,ISA,Margin |
0.10% |
Example
Over a given 91 day Interest Period, John Doe holds average cash balances of £10,000 in his Std,
£27,500 in his ISA and £15,000 in his Margin account with iDealing, for a total
average cash balance across all accounts under his UserId of £52,500.
If the Qualifying UserAverage in GBP of £50,000 yields a Bonus
Interest Rate of 0.10%, then if John Doe is granted Bonus Interest then he would receive:
| STD |
£10,000 |
0.0010*£10,000*91/365 = £2.49 |
| ISA |
£27,500 |
0.0010*£27,500*91/365 = £6.85 |
| Margin |
£15,000 |
0.0010*£15,000*91/365 = £3.73 |
Total AvgBalance = £52,500 Total Bonus Interest = £13.07
Bonus Commission Credits
iDealing may in its sole discretion give clients Bonus Commission Credits. Part of our Bonus Program, these commission credits typically are specific to a given account, but may sometimes be applicable to all accounts under a given UserId. In some cases they may be specific to purchases or opening trades.
Commission Credits are applied against commission fees on the day the commissions are incurred by the client (trade day). They are non-transferable, non-refundable, and have specific expiry dates.
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