Mintos Invest & Access Review 2021 – 12% Return

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Do you want to fully automate your passive income investments with Mintos? Mintos Invest & Access does exactly that for you!

Today I will share with you the new product of Mintos: Invest and Access.

Mintos is one of the Peer-to-Peer lending platforms I’m investing in, and I’m loving it! If you’re not familiar with Mintos or you want to know more about them, you can read my full review here!

Let’s dive into the new product of Mintos and see what it is exactly and how you can use it for your portfolio.

What Is Mintos Invest & Access?

Mintos Invest and Access is the most recent feature of Mintos. It should make it super easy to invest and it will automatically diversify your loans. It is for new investors that don’t want to spend much time thinking about the investment and optimizing interest rates.

Mintos Invest & Access is ideal if you’re thinking about starting in Peer-to-Peer lending and you want to get started easily. 

It will invest in loans that have:

  • Buyback guarantee
  • With loan originators that are at least 6 months old
  • From many different loan originators

When investing with Mintos, over 85% of Mintos investors are using the auto invest feature. I am also a heavy user of the auto invest feature, which makes investing so easy!

The Invest & Access is the next step for Mintos, to make an investment product that is fully automated and diversified. 

The current average interest rate is 12% at the moment of writing. The figure will change and interest rates are not guaranteed as stated on the FAQ page. This means that the returns can be bigger or smaller than the stated 12%, depending on the availability of the loans.

Invest and Access is a fully automated way of investing in Peer-to-Peer lending platform Mintos. Let’s dive into all the details you want to know about this new feature on Mintos!

Mintos Invest and Access

Why Is Invest And Access So Innovative?

As with all investment opportunities, a lot of investors value liquidity in their portfolio. When things change in your personal situation and you need to money sooner, you don’t want to wait 24 months until the cash finally becomes available. 

With Invest and Access you don’t lock your money away for a long time. If you need your money sooner, you can click ‘Cash out’ and sell your investment at any time. Mintos sells your investments to another investor looking to invest via Invest & Access, meaning that there is no extra cost to you. 

What About The Interest Rate?

The interest rate currently advertised on Mintos Invest & Access at the moment of writing is 12%. This depends heavily on what is in your portfolio and what is available on the market. 

Your Invest & Access portfolio is optimized from €500 and above. You can create a portfolio for less than €500, as I did below, however diversification is not guaranteed. For optimal performance, I would recommend a portfolio over €500. 

Mintos Invest And Access Is Easy To Use

Mintos Invest and Access, the easy way to invest in Peer-to-Peer lending. Earn high returns and get your money when you need it.  

Mintos Invest and Access

To start, you simply select the amount you want to invest. The minimum amount start with Invest and Access is €500, in less than a minute your portfolio is completely set up. 

Mintos Invest and Access

Easily Sell Your Loans

To guarantee high liquidity, you can sell your investments back to Mintos at any time. Mintos will buy back your loans without questions asked, at no additional cost for you. They will sell the loans to other investors and add the money of your sold loans to your investment account. If your loans haven’t reached maturity, this is no issue for them. They will still buy it back. 

One side note, when there is not buying side to the loan it might take longer to sell your loans. 

I’ve tried to sell loans myself. I invested over €700 in Mintos Invest and Access and tested how the selling of my loans worked. I put in some random amount of loans I wanted to sell and boy did they sell quickly. Literally within one minute, my loans were sold. As you can see now I only have a little over €300 that is invested with this new feature.

Selling Late Loans

Selling of late loans is not yet available in Invest and Access, meaning that you need to wait until your late loans become current or until the buyback guarantee kicks in to get access to your money again. Of course, you can also sell them on the secondary market, but that means that you need to take action yourself. 

There Are No Fees

Mintos Invest and Access does not have any fees attached to the service, which is great!

Do you know what that means?

Mintos Invest And Access Is Ahead In The Game

They’re leading the market with this invest and access tool that they’ve created. 

One Issue: You Can’t Select Loan Originators

When you’re using the Mintos Invest & Access tool, there is one major drawback. You can’t select the loan originators that you want.

This means that you will invest in all loan originators, with any risk profile.

If you know what are the risks in Peer-to-Peer lending, you know that loan originator default is one of them.

When one loan originator goes bankrupt, there is the risk that you will not get your money back. This is something we want to prevent.

How I normally prevent that is by selecting the loan originators myself. I select the 33 loan originators I feel comfortable with and I use them.

With Invest & Access, that’s not a possibility. You will get the loan originators that are randomly assigned to you by Mintos – of course the risk will be spread. But here is a chance that you get loans from loan originators with a C+ rating, which is very risky.

It is on you what is the risk you’re willing to take and the conventience you will get from Mintos Invest and Access. I have to say that there is no action needed from your side, which makes up for a lot of time.

This is a personal preference!

Invest And Access Conclusion

The options are endless:

  • Buy diversified loans with buyback guarantee on one click
  • Get 12.35% average return
  • Sell your investments within seconds

There are a few side notes:

  • You can only sell your current loans, not your late loans
  • You can run auto-invest as well as invest and access. However, invest and access would use the available cash first
  • It might take longer to sell your loans when market demand is lower
  • You cannot select your own loan originators or risk rating

Mintos Invest and Access

Join Mintos Today And Get 1% Cash Bonus

If you are not one of 140,000 investors investing in Mintos, join the biggest European Peer-to-Peer platform today and get a 1% cashback bonus for everything you invest in the first 90 days if you sign up using my link.

If you haven’t heard enough about Mintos yet, be sure to check out my Mintos review or my Mintos auto invest settings!

Are you investing in Mintos? What are your thoughts on the platform?

Mintos Invest And Access - With One Click 12% Return (2)
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4 thoughts on “Mintos Invest & Access Review 2021 – 12% Return”

  1. Have to try out this new feature!

    I think that the benefit of invest & access is that it gives you safety if the markets dip and you want your positions out quickly.

    Reply
    • Yes it’s super convenient and easy! I will keep it next to auto invest, due to the fact that it’s not an optimal way to diversify – you can’t select loan originators or loan terms manually. With time I’m sure they will tweak it and it will get better!

      Reply

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