Happy New (ISA) Year - Invest £100, get FREE £100 top up at Orbis
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Happy New (ISA) Year - Invest £100, get FREE £100 top up at Orbis

33
Found 6th Apr
Invest £100 into a new Stocks and Shares ISA before 30 April, and they give you £100 top up for free.

&/or

Invest £100 into a new JUNIOR Stocks and Shares ISA before 15th May, and they give you £100 top up for free.

You need to keep the money invested for a minimum of 12 months
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Note this is a "fund" you are buying ie not a plain stocks and shares isa which you buy and sell. Funds charge recurring fees and they don't specify what these fees are or what the fund is invested in eg could be buying worthless penny stocks and when you try to sell out the fund is worthless...
33 Comments
Never heard of this company but seems like a decent deal
WHat is the due diligence on the Kompany (sorry too much celebs)
Those are the type of rates I like
Hmmm where’s the catch?
lucas20 m ago

Hmmm where’s the catch?


Just have to hold it for 1 year and, not open/pay in to any other stocks & shares ISA (unless LISA)....no catch as you could still open various alternative ISAs
Original Poster
No catch.

I opened JISAs for my daughters with them in 2016 and they paid the bonus without any problems, so I don't foresee any problems with this new deal.

Signed up for their ISA for myself this morning.
Gives 2 options of investment..gilts and other one..which need choose?
Original Poster
You can choose to invest in either of their funds.
Note this is a "fund" you are buying ie not a plain stocks and shares isa which you buy and sell. Funds charge recurring fees and they don't specify what these fees are or what the fund is invested in eg could be buying worthless penny stocks and when you try to sell out the fund is worthless...
Think twice and do your research before investing in any ISA because once you invest in an ISA fund with one provider, you cannot invest in any other provider for that tax year. In this case, you are stuck with Orbit for the next year and will have to invest any remaining allowance with Orbit.
gungesh7 m ago

Think twice and do your research before investing in any ISA because once …Think twice and do your research before investing in any ISA because once you invest in an ISA fund with one provider, you cannot invest in any other provider for that tax year. In this case, you are stuck with Orbit for the next year and will have to invest any remaining allowance with Orbit.


most of us dont invest in any isas over years ..so this is good opportunity to get some free cash
Edited by: "ricardasgudkovas" 6th Apr
zchari519 m ago

Note this is a "fund" you are buying ie not a plain stocks and shares isa …Note this is a "fund" you are buying ie not a plain stocks and shares isa which you buy and sell. Funds charge recurring fees and they don't specify what these fees are or what the fund is invested in eg could be buying worthless penny stocks and when you try to sell out the fund is worthless...

Not sure what you mean by a 'plain stocks and shares ISA'. Do you mean a self investing Stocks and Shares ISA where you pick the stocks yourself?

Most Stocks and Shares ISAs I've seen have been fund based. Orbis lists their top 10 holdings, fees, past performance, etc, on the fund info pages.

Orbis OEIC Global Equity Fund
Orbis OEIC Global Balanced Fund
Edited by: "PhoenixRising" 6th Apr
Original Poster
gungesh36 m ago

Think twice and do your research before investing in any ISA because once …Think twice and do your research before investing in any ISA because once you invest in an ISA fund with one provider, you cannot invest in any other provider for that tax year. In this case, you are stuck with Orbit for the next year and will have to invest any remaining allowance with Orbit.



Think twice and do your research before investing in any ISA = Good Idea

once you invest in an ISA fund with one provider, you cannot invest in any other provider for that tax year. = Don't think that's strictly true as I believe you could open another ISA with a different provider and transfer your funds away from Orbis to them if you felt the need. Although the idea of this offer is to stay invested for 12 months to receive the bonus.

you are stuck with Orbit for the next year = yes that's the idea.

If you have a big ISA pot of savings already, then this offer may or may not be for you, however if you have little or no current ISA savings then for a single one off investment of £100 you are being offered a £100 matched bonus.
Edited by: "mrke" 6th Apr
Hot from me, can't go wrong with a £100 of free money.
As a finance student, we use orbis database for every assignment.
If you don't mind tying up £100 for a year it's a guaranteed £100 treat. Great deal.
Sigh. The free £100 got my attention. But unfortunately I am a noob when it comes to investments.
i looked at this last year and decided that it would not be worth the effort.

you don't get £100 exactly as their fees are higher than hargreaves lansdown where i invest my isa so i would probably get £40 to £50 at most from the £100 bonus promised.
Cold. It would be much easier to go for an ISA based on cashback, ties you down for less and cashback is usually more than 100.
would the cashback be via quidco etc
Seems they only charge a fee if they out perform the benchmark (and take 50% of the difference). If the under perform benchmark no fee.. note - if the fund goes down but not as much as benchmark they still charge fee

examples here

orbis.com/uk/…ees
I usually go to Monevator to compare charges across brokers. Ended up opening a S&S ISA at iWeb a few years ago.
m1kehunt11 h, 18 m ago

Seems they only charge a fee if they out perform the benchmark (and take …Seems they only charge a fee if they out perform the benchmark (and take 50% of the difference). If the under perform benchmark no fee.. note - if the fund goes down but not as much as benchmark they still charge feeexamples herehttps://www.orbis.com/uk/individual/fees



Anyone know how often are fees charged - once a month, once a year?

I'm tempted to sign up and invest a £100 just to see what happens!
John.Latter4 h, 2 m ago

Anyone know how often are fees charged - once a month, once a year?I'm …Anyone know how often are fees charged - once a month, once a year?I'm tempted to sign up and invest a £100 just to see what happens!


They will be calculated daily and applied periodically or when you surrender your policy


Anyone know if there's an exit charge?
Global balanced or Global equity??
Great deal! No brainer if you invest £100 and they match with £100. I highly doubt the entire fund will go kaput.
gungesh6th Apr

Think twice and do your research before investing in any ISA because once …Think twice and do your research before investing in any ISA because once you invest in an ISA fund with one provider, you cannot invest in any other provider for that tax year. In this case, you are stuck with Orbit for the next year and will have to invest any remaining allowance with Orbit.


Not true - Cretin
thanks for this brilliant deal..signed with them..got 100.. now from 100 i had 209:) funds rising
Edited by: "ricardasgudkovas" 12th May
EdenWiz11th Apr

Not true - Cretin


It is true in some aspects (and definitely so in terms of a Orbis stocks and shares ISA kept for 12 months for the bonus) - so just responding to it with "not true" is rather more cretinous.
Edited by: "Ashe" 12th May
Ashe12th May

It is true in some aspects (and definitely so in terms of a Orbis stocks …It is true in some aspects (and definitely so in terms of a Orbis stocks and shares ISA kept for 12 months for the bonus) - so just responding to it with "not true" is rather more cretinous.


Truth is binary. The terms used are wrong and cretinous so, jog it on.
EdenWiz2 h, 39 m ago

Truth is binary. The terms used are wrong and cretinous so, jog it on.


"Jog it on" - definitely not the words of a cretin*

* - sarcasm.
Edited by: "Ashe" 14th May
Ashe17 h, 56 m ago

"Jog it on" - definitely not the words of a cretin** - sarcasm.


haha really lad? Realised you're defending a false argument so, going for the sarcasm route...solid!
EdenWiz1 h, 27 m ago

haha really lad? Realised you're defending a false argument so, going for …haha really lad? Realised you're defending a false argument so, going for the sarcasm route...solid!


Right. Perhaps you could behave like an adult and explain the rules for opening multiple ISA"s sensibly, rather than just posting "cretin" as a response.
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