Your Qualifying Balance is the amount Moneybase uses to determine your customer tier and any benefits linked to it, such as your cashback rate.
For investment portfolios, your Qualifying Balance is based on:
- The original amount you invested (your purchase cost)
- Any available cash held in your Moneybase wallets
It is not based on the current market value of your investments.
Example
You invest €10,000.
- If the value of your investments increases to €12,000, your Qualifying Balance remains €10,000, plus any available cash in your Moneybase wallets.
- If the value of your investments falls to €8,000, your Qualifying Balance also remains €10,000, plus any available cash in your Moneybase wallets.
Good to know
Your customer tier is calculated using your Qualifying Balance, so day-to-day market movements do not affect your tier. Only changes to the amount you've invested or the cash held in your Moneybase wallets will change your Qualifying Balance.
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