EasyEquities Blog

Thrive On Your Financial Journey With EasyEquities! πŸš€

Written by Cay-Low Mbedzi | Nov 1, 2023 10:00:00 PM

One of the best things about EasyEquities is our community – hundreds of thousands of passionate, smart and engaged South Africans who continue to positively change the investment landscape. And with the additions to our loyalty programme, Thrive, that progress is set to accelerate.

On 31 October, the EasyEquities community got information on the enhancements to Thrive – which has been part of EasyEquities for many years. Thrive enhancements were announced after months of research, engagement with many users and partners, debates and use of the rich data of the EasyEquities community.

The feedback on the announcement has been appreciated and will continue to inform future developments. Yep, at EasyEquities, we love designing products based on user needs and input. The quickest way to get your views heard is to log a ticket

Thrive highlights include:

  • Users 21 and under and 65 and over are exempted from any fee
  • Any user who achieves an easily achieved level 3 or higher Thrive status, pays no fee

Activities that get users to level 3 include:

  • Depositing more than you withdraw each month. For example, deposit R1, withdraw nothing – level three and no fee – or deposit R1000 and withdraw R200 – level three and no fee
  • Successfully referring using your unique referral link

Other Thrive activities include:

New activities will be added based on user feedback – all with the aim of helping users be better financial investors.
  1. Each level gives users a discount on brokerage – from 10% for level 1 to 100% for level 10. Yes, you get major discounts and save money on trading just by exhibiting good financial behaviours
  2. If you choose not to Thrive, or achieve lower than a level three, you will be charged a fee of R25 per month
  3. Your balance will never go below R0 – in other words, if you don’t have NAV in your account, no charge

Carel Nolte, Chief Enablement Officer at EasyEquities, said: β€œOur hope is that no member of the EasyEquities community ever gets charged a Thrive fee. We want all our users to join the many thousands who already Thrive via great, sustainable financial habits.”

Further adding that: β€œIt is a proven fact that people who display the behaviours Thrive promotes, are more likely to achieve financial freedom. As a company, investors and society, we can’t simply pay lip service to growing financial literacy and opportunities – it requires a little effort. Users who pitch up and engage will pay no fee, get discounts and other benefits and continue to have safe, free, easy and fun access to a variety of investment options – South African, USA, Australian, European and British equities; unit trusts and EFTs from a variety of product providers like Satrix, Allan Gray, PSG, Sanlam (which owns 30% of EasyEquities) M&G, Coronation and Sygnia to name a few. Not to mention crypto bundles and coins, property and features such as quick and easy FX transfer, EasyCredit, EasyProtect, educational blogs and research.”