Terms and Conditions: Share of Interest Waiver Introductory Offer

Effective Date: 11/09/2025

For each savings account you open through Flagstone, we receive a small share of the interest.

We deduct that share before we feature any savings account in our platform – so the rate you see will always be the rate you receive.

As part of this introductory offer, Flagstone has agreed to waive our share of interest on specific savings account products opened by new clients for a certain period of time, as set out in Sections 2 and 3 below. 

For further details, please see https://www.flagstoneim.com/personal/how-flagstone-makes-money

1. Introduction
   
   

   1. These terms and conditions govern Flagstone’s Share of Interest Waiver Introductory Offer (the "Share of Interest Waiver Introductory Offer"), which is where Flagstone has agreed to waive our share of interest on specific savings account products opened by new clients for a certain period of time as set out in Sections 2 and 3 below.
      
      

   2. Flagstone Group Ltd ("Flagstone," "we," "us," "our"), a cash savings platform, manages the Share of Interest Waiver Introductory Offer. 
      
      

   3. By participating in the Share of Interest Waiver Introductory Offer, you agree to these terms. 
      
      

   4. The introductory offer applies only to specific introductory fixed term savings accounts (minimum term three (3) months) and specific introductory instant access savings accounts as detailed on our platform.
      
      

   5. Your initial deposit amount is determined in accordance with the Deposit Product that you choose. 
      
      

   6. Once you have opened a savings account, Flagstones Terms and Conditions, Engagement Letter and any deposit product terms and conditions shall apply. 
      
      

2. Eligibility criteria - Fixed Term Accounts 
   
   

   1. To qualify for the Share of Interest Waiver Introductory Offer, you must not be a current Flagstone client unless: 
      
      

      1. you are a joint account holder who opens a new joint account with a client that is not a Flagstone client; or  
         
         

      2. you are a joint account holder who opens a new single account. 
         
         

   2. You must apply to open an introductory fixed term savings account, which includes completing the account verification process, including identity verification and compliance checks, within the introductory period set out in the relevant product banner. 
      
      

   3. Once your Flagstone account has been opened, you have three (3) months to take advantage of the Share of Interest Waiver Introductory Offer. You can fund your account after this time period has elapsed, but you will not benefit from this introductory offer.
      
      

   4. The Share of Interest Waiver Introductory Offer for Fixed Term Accounts will apply for a period of three (3) months from the date of opening your Flagstone account. To benefit from the introductory offer as early as possible, you must fund your Flagstone account and place an instruction to open the introductory savings account. The earlier the savings account is opened, the sooner the introductory offer will apply. Once your Fixed Term savings account has been funded within the three (3) months, the introductory offer will apply for the full duration of the fixed term you have selected.

      
      

   5. Flagstone reserves the right to communicate any updates to eligibility criteria for future introductory offers via official communication channels. 
      
      

3. Eligibility criteria - Instant Access Accounts 
   
   

   1. To qualify for the Share of Interest Waiver Introductory Offer, you must not be a current Flagstone client unless: 
      
      

      1. you are a joint account holder who opens a new joint account with a client that is not a Flagstone client; or  
         
         

      2. you are a joint account holder who opens a new single account. 
         
         

   2. You must apply to open an introductory instant access savings account, which includes completing the account verification process, including identity verification and compliance checks, within the introductory period set out in the relevant product banner.
      
      

   3. Once your Flagstone account has been opened, you have six (6) months to take advantage of the Share of Interest Waiver Introductory Offer. You can fund your account after this time period has elapsed, but you will not benefit from this introductory offer.
      
      

   4. 1. The Share of Interest Waiver Introductory Offer for Instant Access Accounts will apply for a period of six (6) months from the date of opening your Flagstone account. To benefit from the introductory offer as early as possible, you must fund your Flagstone account and place an instruction to open the introductory savings account. The earlier the savings account is opened, the sooner the introductory offer will apply.
         
         

      For example, if you have completed the account opening process and your introductory savings account is opened on the 10th day, you will enjoy the introductory offer for a period of five (5) months and twenty (20) days.
      

   5. Instant Access Accounts are subject to rate fluctuation. The interest rate on any of the introductory savings accounts may be reduced at any time. However, during the six (6) month period, the Share of Interest will remain unchanged throughout the introductory period. 
      
      

4. Introductory Offer details
   
   

   1. The Share of Interest Waiver Introductory Offer will be available for the time period specified in the relevant introductory savings account product banner.
      
      

   2. Subject to these terms, any funds placed before or after this period will not be eligible. 
      
      

   3. Flagstone reserves the right to modify, suspend, or terminate the introductory offer at any time.  However, participants who have already qualified for the introductory offer will still receive it.  
      
      

5. Restrictions & exclusions
   
   

   1. The Share of Interest Waiver Introductory Offer is void where prohibited by law and can’t be used in jurisdictions where such introductory offers are restricted. 
      
      

   2. Flagstone reserves the right to remove participants from the introductory offer if we suspect abuse or fraudulent activity. 
      
      

   3. The introductory offer cannot be retroactively applied to previous or existing Flagstone applications. 
      
      
      

   4. This introductory offer may be withdrawn at any time. 
      
      

   5. Participation in this programme is subject to all applicable laws and regulations, including regulatory compliance requirements. Flagstone reserves the right to report any suspected misuse to relevant authorities. 
      
      

6. Data protection & privacy
   
   

   1. Flagstone will process participant data in accordance with our Privacy Notice and applicable data protection laws, including GDPR.  
      
      

   2. Flagstone will not use participant personal data for marketing purposes without first obtaining your consent. 
      
      

7. Tax & Liability
   
   

   1. Flagstone does not provide tax advice. 
      
      

   2. Flagstone accepts no liability for any tax obligations or costs arising from participation in the Share of Interest Waiver Introductory Offer. 
      
      

   3. Flagstone is not responsible for delays, lost introductory rates due to incorrect information, or technical failures. 
      
      

8. General terms
    

   1. Flagstone reserves the right to amend these terms and conditions at any time. 
      
      

   2. The decision of Flagstone regarding all matters related to the Share of Interest Waiver Introductory Offer is final. 
      
      

   3. Any disputes will be governed by English law and subject to the exclusive jurisdiction of English courts. 
      
      

   4. Flagstone reserves the right to withhold or cancel the Share of Interest Waiver Introductory Offer in cases where eligibility criteria has not been met, or fraudulent activity is suspected. 
      
      

9. Closing the account
   
   

   Your statutory cancellation right means you can cancel this agreement within 14 days of entering into it. You don’t have to give a reason. Please contact us at clientservices@flagstoneim.com to close your account. You can also close the account at any time without charge. We'll transfer any funds held in it (including interest) to you.
   
   

10. Referred Clients
    These Terms and Conditions apply equally to clients referred by St James's Place.
    
    

11. Contact information
    
    For any questions, please contact clientservices@flagstoneim.com with “Share of Interest Waiver Introductory Offer” in the subject line. 
    
    

By participating in this Share of Interest Waiver Introductory Offer, you confirm that you have read, understood, and agreed to these terms.   

Frequently asked questions