Reward Shares from this campaign are subject to a 30-day Lock-Up. During this period, the monetary value of the Reward Share cannot be withdrawn.
The campaign terms define the Lock-Up as starting on the day after the Reward Share has been placed or credited into the relevant account you hold with us.
To check whether lock-up information is available in the app:
- Open the Trading 212 app.
- Tap the Account Menu icon.
- Select Manage Funds.
- Tap Withdraw Funds.
- Check whether a reward section with an expiry date is displayed.
If you do not see an expiry date, it may mean that:
- The Reward Share has not been allocated yet.
- The Lock-Up has already ended.
- There is no reward from an active promotion on your account.
- The reward display is not yet available for this campaign.
The campaign terms are the binding source for the Lock-Up duration and conditions.
Can I sell or withdraw the Reward Share during the Lock-Up?
As a customer, you can sell your Reward Share, but the value of your Reward Share may not be withdrawn during the Lock-Up period.
If you sell the Reward Share at a loss during the Lock-Up, only the funds acquired from the sale will remain subject to the Lock-Up.
If you sell the Reward Share at a profit during the Lock-Up, the full proceeds of the sale will remain subject to the Lock-Up, even if reinvested in other shares. Any proceeds attributable to the monetary value of the Reward Share cannot be transferred, withdrawn or altered in any other way.
After the Lock-Up ends, you can sell the Reward Share and withdraw the proceeds without limitations.
What happens if I close my account or withdraw all funds during the Lock-Up?
You may lose your entitlement to the Reward Share. Trading 212 may also reclaim a Reward Share or its monetary value if the campaign terms are breached.