You can withdraw your investments, or "cash out" as we call it, by typing 'cash out' in Messenger. You can also tap the 'Cash-out' command in the Messenger menu.
When you cash out, your investments will first be sold and, after confirmation, the cash will be sent back to your Plum savings. This process can take up to 4-5 working days. Please note that you can only have one active cash-out at any point in time.
If you are doing a partial cash-out you need to leave at least £10 invested. If this is a problem, you can cash out all of your investments instead. The minimum cash-out is £10.
If you cash out all your investments, you will notice that the final amount is larger than what you requested. Congratulations! You've earned some interest 😁 On cash out, all the interest due, but not paid yet, will be included in the cash-out and transferred back to your Plum savings.
Very important thing that you need to read
Your invested money is not locked for any period of time and you can access it freely as long as there are funds to replace the amount being withdrawn. Investing your money at RateSetter is not the same as putting your money in a savings account, so you should not expect the same liquidity. To date, no customer has ever had to wait for their money although it's not a guarantee.