What is NuWealth?

NuWealth, formerly known as Wombat Invest, enables you to set up savings or investment accounts from your phone in just a couple of minutes.

NuWealth’s investment accounts provide easy access to shares, fractional shares, and Exchange-Traded Funds (ETFs). NuWealth was founded in 2017 with the goal of making investing easy and accessible to everyone. You can start investing with just £10, set up auto invest to deposit and invest money on a monthly basis, or round up your everyday purchases and invest the spare change into hundreds of global companies. Investments can offer higher returns than savings accounts over the long term, typically for at least 5 years or more. All investments carry varying degrees of risk, and you may get back less than you invest.

With NuWealth, you can also manage your savings with our GB Bank Base Rate Tracker, or 30-Day and 95-Day Notice Savings Accounts. Our GB Bank Base Rate Tracker savings account offers a competitive interest rate that moves with the Bank of England base rate (minus up to 0.5%), the very next day. This means if the Bank of England base rate is 5.25%, and your account is the base rate less 0.5%, the interest rate you receive would be 4.75% AER.