Invest your savings with Moneyfarm, up to 100k Millemiglia points for you
Over the past year, the savings of many of us have unfortunately shrunk, and the need to seek additional income is [...]
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In the past year the savings of many of us have unfortunately reduced And the need to search for an income additional has flashed through the minds of small savers.
At TFC we are used to collecting dots e miles through our loyalty programs and credit cards, Today we will explain what is Moneyfarm and how many miles we can get through the partnership with Alitalia.
What is Moneyfarm
Founded in 2011 by Paolo Galvani and Giovanni Daprà, Moneyfarm is a company that deals with investments, Precisely advising investors. It operates in Italy, Germany and the United Kingdom.
Each investor can choose the package that is right for you, depending on the investment risk you want to take. You can start with a minimum base of €5,000 and/or decide to make a accumulation plan With a monthly contribution.
You have no additional obligations or fees, only a cost of management which varies depending on the plan chosen. The investments are flexible and manageable from any device.
The agreement with Alitalia
As we know the program Alitalia's Millemiglia allows us to earn miles that can be exchanged for award flights or goods or services from the partners Of the company.
Hotels, cabs and car rentals, shopping, insurance and supermarket shopping are just some of the agreements made by Alitalia. Thank you at the entrance of Moneyfarm in the loyalty program, in fact, members also have the opportunity to earn miles depending on their investment.
What are the conditions? The investment plan personalized of Moneyfarm allows you to accumulate in Alitalia's program 1 mile for every €5 invested.
In addition, one can access a "Welcome Bonus," the amount of which varies depending on the initial investment with Moneyfarm, precisely:
- 3,ooo miles if we invest from €5,000 to €14,999
- 10.000 miles if we invest from 15,000 to 24,999
- 15.000 miles if we invest from 25,000 to 39,999
- 20.000 miles if we invest from 40,000 to 69,999
- 30.000 miles if we invest from 70,000 to 99,999
- 50.000 miles if we invest from 100,000 to 199,999
- 80.000 miles if we invest 200,000 to 499,999 €.
- 100.000 miles if we invest 500,000 and up
In this way we can Accumulate miles as we invest for example, to feed into our retirement fund or by choosing ETFs that seem best to us.
Moneyfarm in fact operates mainly with ETFs, viz. mutual funds which replicate the performance of an index, one of the most famous being S&P500 or the Italian FTSE MIB, where the world's largest and most important companies are gathered.
In case we are novices or want to have the confidence to make the right moves, Moneyfarm provides a Dedicated consultant, in order to support you throughout the investment process.
How to take advantage of the welcome bonus
Depending on the investment you decide to make, it will be possible to get up to Two tickets to fly business class from Ney York to Tokyo, worth more than €5,000, without spending anything. In fact, all you have to do is decide to use the platform and you will receive basic miles and the corresponding welcome bonus. This is one of the classic examples behind the reward club, as it allows you to get a reward simply because you decide to use a service.
Do you use Moneyfarm? Leave us your opinion in the comments.
- 6,000 Mile Registration Bonus
- Collect miles WITH EACH PURCHASE
- Your miles with no expiration*
- No fees for ATM withdrawals and foreign purchases
- Without having to change banks
- Autonomous card activation
- Multi-function mobile application
- Free travel insurance
- Free credit for up to 7 weeks
- Contactless Payment
- Mastercard® SecureCode
- 20€ discount directly in your statement by spending €60 in one or more transactions with Carta on Italotreno.it
- Free fee the 1st year. From the 2nd €5.50 per month
- You can choose to pay in full or in installments
- Premium level of the Italo Più program
- 4 Vouchers per year for access to Italo Club Lounges
- Preferential Access to Italo's Fast Track at the station
- For every 5 purchases of Italo ticketing and/or onboard services made with Italo American Express Credit Card you will receive 1 voucher for room upgrade
- Welcome bonus of 100,000 Volare points upon reaching 6 thousand in spending in the first 3 months after card issuance
- Accumulate 1.5 qualifying Volare points for every euro spent, accumulate an additional 3 non-qualifying Volare points ( for a total of 4.5 Volare points) for every euro spent on ticketing purchases and other services offered by ITA Airways
- Access to the Premium Club of ITA Airways' Volare program.
- ITA Airways Lounge Access
- Free excess baggage
- Points Back