We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Platform/broker transfer cashback offers?
Comments
-
masonic said:Albermarle said:Could also be just related to increasing/maintaining market share/AUM at the expense of profitability.
I net around 700-800 quid for these offers every time I transfer. I do not increase my trading (which is very infrequent anyway) and hold ETFs which allows me to cap my fees.
Why do they that? As said earlier, I presume it's to hit some targets in terms of market shares or AUM. Works fine for me.0 -
fire_in_progress said:
Why do they that? As said earlier, I presume it's to hit some targets in terms of market shares or AUM. Works fine for me.
It's very hard to run an offer that only appeals to profitable customers without reducing it's impact to those customers so they have to cast the net wide and they end up picking up us MSE pro-carpetbaggers who are part of their cost of attracting business.0
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 351.7K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.7K Work, Benefits & Business
- 600.2K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards