The Pensions cashback and incentives discussion thread

artyboy

granta said:

Altior said:

Freetrade 2026 Tax year end offer

How does this promotion work?

1. Open your Freetrade account if you don’t have one yet.
2. Contribute at least £10,000 (net) to your ISA and/or SIPP by 5 April 2026. You can either top up your account or transfer in from another provider. Transfers must be initiated by 5 April 2026 in order to qualify, although they may be completed at a later date.
3. Depending on which account you are contributing to, join the relevant campaign in your Rewards Hub. 
4. We’ll pay your 1% cashback by 5 December 2026.

Cashback is capped at £5,000 per account. Any amount you withdraw or transfer out of your SIPP and/or ISA and before receiving cashback will be deducted from the amount you contributed in. This will reduce the amount of cashback you receive respectively.

2026 Tax year end offer | Freetrade

Rethinking my planned ISA transfer to Barclays as the 1% works out at around the same but with no fee at freetrade as my subscription is already paid up.

Ditto, I'm cancelling both my pending Fidelity and HL transfers because this makes me 2k more overall, plus no additional fees. The only slight concern at the back of my mind is that I'll end up with about a million with what is still a relatively niche platform.

But not as though it's going to be sitting as cash or anything. So.... kerching! What with this and eToro it's been a good day!

artyboy

Right, 2 transfers in to Freetrade started, should get me £4400 in cashback. And ditching II for now, wasn't worth it with the new fee structure.

Annoying I couldn't max it out, as I have Fidelity and CMC funds still tied up (to be fair, Fidelity hasn't even paid out yet, never mind the 18 month holding period!), but it will be a nice Christmas bonus in December...

granta

artyboy said:

Right, 2 transfers in to Freetrade started, should get me £4400 in cashback. And ditching II for now, wasn't worth it with the new fee structure.

Annoying I couldn't max it out, as I have Fidelity and CMC funds still tied up (to be fair, Fidelity hasn't even paid out yet, never mind the 18 month holding period!), but it will be a nice Christmas bonus in December...

I'm just waiting for my Charles Stanley cashback to come through before I start a big transfer out. 
I too have money stuck in CMC and annoyingly in Freetrade's SIPP that can't be moved out due to their new recycling rules. However, come December 2026, everything will be moved out of Freetrade and the slate wiped clean!

artyboy

granta said:

artyboy said:

Right, 2 transfers in to Freetrade started, should get me £4400 in cashback. And ditching II for now, wasn't worth it with the new fee structure.

Annoying I couldn't max it out, as I have Fidelity and CMC funds still tied up (to be fair, Fidelity hasn't even paid out yet, never mind the 18 month holding period!), but it will be a nice Christmas bonus in December...

I'm just waiting for my Charles Stanley cashback to come through before I start a big transfer out. 
I too have money stuck in CMC and annoyingly in Freetrade's SIPP that can't be moved out due to their new recycling rules. However, come December 2026, everything will be moved out of Freetrade and the slate wiped clean!

Well... that's until Freetrade have their next offer, we all pile in the CMC money and reset the clock on withdrawals. 

vacheron

artyboy said:

Right, 2 transfers in to Freetrade started, should get me £4400 in cashback. And ditching II for now, wasn't worth it with the new fee structure.

I have a SIPP of approximately 250K with II at the moment too. I signed up with freetrade last year, but went with II in the end as they were doing cashback. However, with Freetrade now doing cashback, coupled with II's recent fees jump. This looks like a no-brainer. 

granta

artyboy said:

granta said:

artyboy said:

Right, 2 transfers in to Freetrade started, should get me £4400 in cashback. And ditching II for now, wasn't worth it with the new fee structure.

Annoying I couldn't max it out, as I have Fidelity and CMC funds still tied up (to be fair, Fidelity hasn't even paid out yet, never mind the 18 month holding period!), but it will be a nice Christmas bonus in December...

I'm just waiting for my Charles Stanley cashback to come through before I start a big transfer out. 
I too have money stuck in CMC and annoyingly in Freetrade's SIPP that can't be moved out due to their new recycling rules. However, come December 2026, everything will be moved out of Freetrade and the slate wiped clean!

Well... that's until Freetrade have their next offer, we all pile in the CMC money and reset the clock on withdrawals. 

Yes exactly, will wait for the next freetrade offer from 2027.

However, I'm keen to take everything out once I receive the cashback in December so that I'm not tied in any further with previous rounds of transfers. So hoping that another provider will have a good offer around then so can fully leave freetrade before coming back.

That's assuming Freetrade continue with their promotions! It's possible they are doing this to significantly build up their AUM before a sale or something.

techno12

I think I'll do this with my ii SIPP.

Their new fees are more expensive for me, and I received the £1.5k cashback for transferring my pension from Aviva to ii last year, so I'm free to move.

Another chunky cashback sounds good to me...

NormalNorman

Wife and I moved from HL to ii and TBH not entirely happy. Yes we both got £200 each for switching but immediately after the switch there is a new more expensive fee structure making it similar to HL. We only hold ETFs. Plus the ii app is poor. Why to I need to keep accepting something/fart around just to see the daily g/l? Will be looking to switch again after the lock in period. Cheers!

artyboy

NormalNorman said:

Wife and I moved from HL to ii and TBH not entirely happy. Yes we both got £200 each for switching but immediately after the switch there is a new more expensive fee structure making it similar to HL. We only hold ETFs. Plus the ii app is poor. Why to I need to keep accepting something/fart around just to see the daily g/l? Will be looking to switch again after the lock in period. Cheers!

I actually quite like II, and if I wanted to hold a subtantial amount of trad funds, then it would be my platform of choice. But right now I've just got a fairly small amount, transferred in for a treble dip bonus of cashback, TCB, and to then refer someone else. Lock in has long gone, so it's off to top up my Freetrade coffers.

artyboy

And on a separate note, I see that Fidelity have today paid out cashback from their late 2025 promotion - I suspect it may have hit for everyone, if you got your transfer completed by the deadline, so worth checking your cash management account.