Each Pie has its own internal cash storage, called Pie Cash. Normally, the balance is close to 0, but it can increase for several reasons.
When can my pie cash increase?
Your Pie Cash may grow in these cases:
- New deposits: Funds were added but not yet invested.
- Dividends: Income from dividends has been received but not reinvested.
- Rebalancing in progress: Some stocks were sold, and the money is waiting to be reinvested.
- Remaining free cash: After rebalancing or investing, a small leftover amount can remain.
- Below minimum threshold: If an investment (manual or AutoInvest) is below the minimum order size, the funds stay in Pie Cash until enough is collected.
- Cancelled Pie action: if a pending manual or autoinvestment in the Pie is cancelled before completion, the amount reserved for the order will be moved to the Pie’s cash.
- Spare change or cashback (if enabled): Cashback or card round-ups are stored in Pie Cash. If the amount is below the minimum, it will wait there until reinvested.
How does my pie cash work?
When investing new funds (manual or automatic), the Pie will combine your existing Pie Cash with the new deposit.
💡 Example
If you have £0.34 Pie Cash and invest £100, the total investment will be £100.34.
When withdrawing funds, cash is always used first, before selling stocks.
💡 Example
If you have £0.34 Pie Cash and want to withdraw £100, the Pie will use £0.34 from cash and £99.66 from selling shares.