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The Pensions cashback and incentives discussion thread
Comments
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Freetrade SIPP cashback dropped into mine and my Wife's Freetrade GIA today :)
From people who have done this before - any issues with an insta withdrawl of the cashback if we leave the SIPP money invested?1 -
Not received mine yet.
I don't think there are any issues with withdrawing the cashback but I would check the exact terms and conditions
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interesting, not got mine yet, says it should pay on the 15th but I recall the last one getting staggered over a few days.
Will keep my eyes peeled…
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Nothing here yet either. I transferred 3 separate SIPPs in Jan, March and April, and an S&S ISA in Jan.
Both the SIPP and ISA cahsbacks still show as "Pending, Reward being calculated" with a reward date of the 5th of December.
• The rich buy assets.
• The poor only have expenses.
• The middle class buy liabilities they think are assets.0 -
That is for their most recent "year end" offer, and yes that's due to pay on the 5th December. The one being referenced above was the previous offer of 2% (to a max of £1000 cashback) on SIPP xfrs, and had a payment date of the 15th October.
"Reward being calculated" seems to be the norm across their offers, and is logical given they can adjust down if you transfer out again ahead of it being paid. Bit pointless really having it there in the first place. At least the year end offer is more explicit with the contribution amounts so I can be confident about what I 'should' get in December.
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Cheers @artyboy. I'll go back to sleep until december then! 😊
Got a bit jealous about missing the 2% offer, but the £1,000 cap makes it a bit more palatable!
• The rich buy assets.
• The poor only have expenses.
• The middle class buy liabilities they think are assets.0
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