As we continue to grow, so does the amount of funds we hold for investors in our bank accounts. Mintos is not a bank and we can’t service this money on our own. To cover some of the costs of holding uninvested funds on behalf of investors, we charge a monthly fee exclusively for inactive investors. The fee amounts to €2.90 per month, and is charged only to investors who haven’t invested or sold investments for 6 consecutive months or more. It is calculated and charged on the 1st day of each month. The fee will be waived if at least one of the following conditions are met:
- Your uninvested euro funds (Available Funds) are less than €100.
- Your uninvested funds (Available Funds) represent 30% or less of your total account balance. Total account balance is the sum of your available funds, invested funds, pending payments, and overdue payments, converted to euros.
- You don’t have any funds on your account, or all your funds are invested and/or overdue.
- Your account is limited, locked, or in the process of being closed.