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Interactive Invester SIPP transfer
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Cashback payment received0
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Yes it certainly looks it. I've already gone ahead with my transfer on the current cashback offer but would have been lovely to have done so last year for up to 5x as much cashback!Somebody said:michaels said:
I wonder if they negotiate bulk discount on the fund charges but can't see how that works with ETFs.Albermarle said:These cash back deals are rife at the moment.
It seems crazy that II can offer £1500 to transfer a £250K pension, when they only charge fees of about £20 a month ( do not know the fees exactly ) .
HL will give me £1000 to transfer a £100K ISA, which I will mainly have in ETF's and the max annual charge is £45 pa+ maybe £30 in trading fees.
It must be about market share rather than profits.Isn't cashback is less generous this year?2024 cashback:Remember the saying: if it looks too good to be true it almost certainly is.0
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