5 min read.
Things you asked

Savers Awards | A Guide to Dozens

26 February 2020

Every month, ten Dozens customers are selected to win £100. No strings, no secrets, just a well deserved reward. Why so generous, you ask? Well, we think it’s time people were rewarded for good saving habits. 

We all want to save, and it’s nice to have something that keeps you motivated. 

Too often, we’re rewarded for spending and consumption. We thought it was time to reward saving. 

This is why we created the Savers Awards. They’re our way of saying “well done!”

  

To be in with a chance of winning all you have to do is use your Dozens account. This will get you nominations for the draw. 

The more nominations you have, the higher your chance of winning – simple as that. 

Here’s the ways you can earn nominations.  

Use your Dozens card

Simple! You’ll get a nomination on the first day you spend with Dozens. 

Then you’ll get corresponding nominations for each consecutive day, so day one is 1 nomination, day two is 2 nominations, day three is 3 nominations etc. 

If you don’t use your Dozens account for a while, that’s okay, you just start again with 1 nomination the next time you do. 

 

Stay within your budget

We’ll give you 10 nominations for every week you stay on budget. 

We’ll increase this by a further 10 for every consecutive week you stay on budget, so for the first week you’ll get 10, second week you’ll get 20 ... you get the idea. 

Don’t worry if you miss a week, you’ll just start again at 10 nominations for the next week you stay on budget. 

 

Buy and hold Bonds

If you’ve successfully applied for Dozens Savings Plc’s listed  5% p.a. Fixed Interest Bonds, you’ll get 100 nominations for each issuance you hold in any given month.

For every additional month you hold your bonds, you’ll get an extra 1,000 nominations compared to the previous month.

Invest with us

In December of every year, 1,000 nominations will be given to customers whose investment goals are on track. These nominations go into the bumper December draw which has a £1000 cash prize.

We’ll do each draw around the 7th of the month for the month before (e.g. the draw for January will be held in February). 

If you’re one of the winners, we’ll let you know by email within 30 days of the draw, with details of when to expect your prize money appearing in your Dozens account. 

Dozens is not a bank. Dozens is a trading name of Project Imagine Limited which is a company authorised by the Financial Conduct Authority (FCA) as an e-money institution (FRN 900894) and also as an investment firm (FRN 814281).

Bonds are not FCA regulated products, and FSCS protection does not cover the bonds. Dozens’ Fixed Interest Bonds bonds are allocated, issued and administered by Dozens Savings Plc. The interest offered by Dozens’ fixed interest bonds will not fluctuate even in different market conditions. All of your money to be invested, plus the full 12-months interest, will be placed in a separate trustee-controlled account on your behalf. This would be used to pay you in the event of any default. The bond programme currently has a maximum limit of £7m, with expected issuance volumes of between £100k-£1m a month.

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About Dozens

Dozens is the new home for your money. It helps you save and grow your money. By bringing together a current account, savings tools and investments – all in one place. Find out more

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