Interactive Investor account - promos

CompoundQueen25

Does anyone happen to know if their referral links can be used in conjunction with SIPP cashback deal which expires tomorrow? They are closed at weekends otherwise I would call them and ask! Thanks 

Shimrod

CompoundQueen25 said:

Does anyone happen to know if their referral links can be used in conjunction with SIPP cashback deal which expires tomorrow? They are closed at weekends otherwise I would call them and ask! Thanks 

Yes, the referral link and cashback can be used together. I did this earlier in the year when I transferred pensions to ii for both myself and wife.

masonic

Their cashback deal has been ending at the end of each month for a few months now. Don't be surprised if it is still available on Monday.

artyboy

Just a pity it's new customers only as I'd be happy to incrementally shift more of my pension funds towards them...

masonic

artyboy said:

Just a pity it's new customers only as I'd be happy to incrementally shift more of my pension funds towards them...

If they do continue the offer next month then I face a dilemma. InvestEngine has just started offering transfers in from HL where my current SIPP resides. I've never held a SIPP with II, and could make some profit taking up the offer, but in 12 months would need to move again, possibly twice if I want to get to InvestEngine. There was little chance of me moving to Vanguard (the only provider they'd previously accept transfers from), as that would involve selling my current holdings, but it is now looking very easy to find a longer term home for my SIPP and for the sake of passing up £200-300 all in all, I might just do that.

artyboy

masonic said:

artyboy said:

Just a pity it's new customers only as I'd be happy to incrementally shift more of my pension funds towards them...

If they do continue the offer next month then I face a dilemma. InvestEngine has just started offering transfers in from HL where my current SIPP resides. I've never held a SIPP with II, and could make some profit taking up the offer, but in 12 months would need to move again, possibly twice if I want to get to InvestEngine. There was little chance of me moving to Vanguard (the only provider they'd previously accept transfers from), as that would involve selling my current holdings, but it is now looking very easy to find a longer term home for my SIPP and for the sake of passing up £200-300 all in all, I might just do that.

Well that's just marvellous isn't it... I've wanted to utilise InvestEngine's offer for a while but given their limitation of transferring from Vanguard, it's not been possible. And now they will take HL... just as I've already transferred out of HL. Great timing! 

Not quite sure why they are so specific about who they will take transfers from but I can only hope this is the start of them opening up to the rest of the market.