Pension switching incentives

granta

CRAIGSVILLE1 said:

granta said:

CMC Invest - transfer bonus

To anyone who has done this transfer in, how long was it before the bonus was paid? The T and Cs state 10 September as the last possible date, but wondering if they do it sooner? My transfer has completed in less than 2 weeks.

My last one took 4 months after transfer in, and I was close to the cut off to start the transfer, so I would  probably expect it to be closer to the September 10th date. 

Thanks for the heads up. I was hoping it would be sooner as the 12 month tie in starts from the date you receive the bonus!

Albermarle

CRAIGSVILLE1 said:

granta said:

CMC Invest - transfer bonus

To anyone who has done this transfer in, how long was it before the bonus was paid? The T and Cs state 10 September as the last possible date, but wondering if they do it sooner? My transfer has completed in less than 2 weeks.

My last one took 4 months after transfer in, and I was close to the cut off to start the transfer, so I would  probably expect it to be closer to the September 10th date. 

Until I saw it mentioned in this thread, I did not know CMC offered a SIPP.
How are you getting along with them? Good website? etc 

granta

Albermarle said:

CRAIGSVILLE1 said:

granta said:

CMC Invest - transfer bonus

To anyone who has done this transfer in, how long was it before the bonus was paid? The T and Cs state 10 September as the last possible date, but wondering if they do it sooner? My transfer has completed in less than 2 weeks.

My last one took 4 months after transfer in, and I was close to the cut off to start the transfer, so I would  probably expect it to be closer to the September 10th date. 

Until I saw it mentioned in this thread, I did not know CMC offered a SIPP.
How are you getting along with them? Good website? etc 

So far so good. It's an app only account. Transfers in have completed in a matter of days/maximum 2 weeks. They answer the phone quickly and have responded to any queries promptly. 

No fee to pay in the first year.

michaels

I have a small account with freetrade from a previous switch offer - they now have a new offer, 3% up to £1500 fro transfers in, including for existing customers, which sound very generous

granta

michaels said:

I have a small account with freetrade from a previous switch offer - they now have a new offer, 3% up to £1500 fro transfers in, including for existing customers, which sound very generous

They sent me an email about this too, and I'm considering transferring £50k over to make use of the promotion. Probably the most generous offer I've seen for a £50k transfer

artyboy

michaels said:

I have a small account with freetrade from a previous switch offer - they now have a new offer, 3% up to £1500 fro transfers in, including for existing customers, which sound very generous

Ooooooh goody, I've got £150k I need to shift out of CS Direct in the next month. Tempted to do a partial there and see if there is another offer for the remaining £100k.

Makes the £345 I got from a £30k move into II sound like chicken feed now. Nevertheless, this looks to be another decent year for transfer cashback, albeit with a new set of players.