Right now, Assets is only available to some UK, Singapore and EEA residents and most businesses that are tax resident in the UK. If you see the option to change your Balance or Jar from Cash to Assets, you're eligible.
We’re working on expanding Assets it to more customers, and we’ll let you know when we’re done.
With Assets, you can decide how you'd like to hold the money in your Balances or Jars Currently, you can choose Cash, Interest or Stocks.
What you choose affects things like:
how much of your money you can instantly access
whether you could grow your money
whether your money is at risk
how much you’ll pay to hold money in your account
How do I switch between Assets?
By default, all of the money in your Balances and Jars is held as Cash. You can switch them back and forth between Stocks, Interest and Cash anytime you want.
To change how we hold your money:
Go to the Balance or Jar you want to change
Select the Cash, Stocks or Interest icon
Select Change Asset
If you change how your money is held in a Balance or Jar, the icon will show as Pending while we make the change. This can take up 2 working days — but it can take an extra working day if you’ve still got transactions in progress, or if we’re still processing a change.
What happens if I select Cash?
Your Balances and Jars are held as Cash, by default.
This means you can’t grow your money, but it isn’t at risk in the market. When you hold your money as Cash, it’s covered by our safeguarding policy.
Learn more about holding money as Cash
What happens if I select Stocks?
This means we’ll invest all of your money in the Jar or Balance in the index tracking fund we’ve chosen.
Learn more about holding money as Stocks
What happens if I select Interest?
This means we’ll invest all of your money in the Jar or Balance in the interest-earning fund we’ve chosen depending on the currency.