Last probability for Isa and Sipp cashback offers: You can earn hundreds however be fast
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It’s your last chance to take up some lucrative cashback deals offered by investment platforms, with several set to close on 5 April.
Offers from the likes of Freetrade, Hargreaves Lansdown and Interactive Investor are among those ending at tax-year end.
You can earn a maximum of £10,000 at Freetrade, while Hargreaves Lansdown is offering up to £8,000. However, this sort of cash is reserved for those with the largest pots to deposit or switch.
But even if you don’t have huge sums of money to transfer or stash, cashback can still be profitable if you’re considering a new provider.
The tax-year ends at midnight on 5 April, and so do some of these deals
It’s important you don’t make any decisions about which platform to use based on deals alone. You need to check that the provider meets all your needs – for example, it’s no good going for a cashback offer only to get stung by high trading fees later down the line.
You can read more in our guide to the best investment platforms.
And before transferring a pension, check that you won’t lose any valuable benefits with your existing provider.
If you’re keen to make the most of your Isa allowance, it’s important that you don’t leave it until the last minute on 5 April. If something were to go wrong, you could end up forfeiting your remaining allowance.
We’ve picked out some of the top offers below, listing them by how soon they’re closing.
Cashback deals closing 5 April
Freetrade – 1% cashback up to £5,000 per account*
Some providers – such as Hargreaves Lansdown and Interactive Investor – pay cashback in tiers, so you only step up to the next level once your deposit reaches a certain threshold.
Generally we prefer cashback deals that pay you as a percentage of your investments, because this scales better if you have more to invest.
Freetrade will pay up to £5,000 for deposits and transfers into each account. This means if you open both a stocks and shares Isa and self-invested personal pension (Sipp), you could earn £10,000 – but you’d need £1million to get this amount.
The minimum amount you need to earn the cashback is £10,000 for each account – this deposit will net you £100.
Keep in mind you can’t put £5,000 in an Isa and £5,000 in a Sipp and still earn cashback, because you must meet the £10,000 minimum value for each account.
You should get your cashback by 5 December. If you withdraw money, Freetrade will work out your earnings on the lower amount.
When we reviewed Freetrade, we liked how straightforward the platform was to use and the fact that it’s now free to open all of its accounts. It also has a wide investment choice, especially when compared with other fee-free platforms.
> Find out more and open an account at Freetrade*
Hargreaves Lansdown – up to £4,000 cashback per account*
New Hargreaves Lansdown customers can get up to £4,000 for opening or transferring an Isa and the same amount for a Sipp, making the total on offer £8,000.
The platform doesn’t apply the cashback automatically – you need to opt-in using the online form or by messaging or calling customer service.
You have to keep the money in the account until 28 February 2027 to get the cashback, which will be paid in March 2027.
You need £10,000 to start earning cashback.
If you’re an existing customer, the maximum potentially increases to £5,000 for each account, but you must be invited to take part.
Hargreaves Lansdown is a popular platform, which has lots of bells and whistles – read more in our review. It recently changed its fee structure, reducing the headline charge from 0.45 to 0.35 per cent, but some customers will see their fees hiked.
> Find out more and open an account at Hargreaves Lansdown*
| Deposit or transfer amount | Cashback |
|---|---|
| £10,000 – £19,999 | £75 |
| £20,000 – £99,999 | £200 |
| £100,000 – £249,999 | £750 |
| £250,000 – £499,999 | £1,500 |
| £500,000 – £999,999 | £2,500 |
| £1,000,000+ | £4,000 |
| Source: Hargreaves Lansdown | |
IG – 1% cashback up to £3,000 when transferring*
The trading platform IG has launched several lucrative offers recently, with this one being solely for transfers.
The good thing about this offer is there’s a low minimum amount of £1,000 required to start earning cashback, but this will only net you £10.
The maximum you can transfer is £300,000, which gets you to the £3,000 level.
You need to submit a transfer request into an Isa, Sipp or general investment account by 11.59pm on 5 April to take part, and the transfer must complete by 31 May.
It’s mainly for new customers – you can’t have held an IG account before 31 January 2026.
IG asks that you hold an open investment position from the transfer completion date until 31 October.
And keep in mind if you’re transferring a cash Isa into an investment Isa, IG requires that you also trade in the same month the transfer is made.
We like that IG recently removed its quarterly platform charge for inactive accounts, making it truly free of account fees.
> Find out more and open an account at IG*
Interactive Investor – up to £3,000 when you add money*
Interactive Investor pays between £100 and £3,000 when you deposit or transfer into a new account, or accounts. The offer’s open to existing customers too, as long as they’re adding money to an account they didn’t already have.
This deal requires a relatively high starting amount of £20,000, which nets £100. To get the £3,000 you must have a cool £2million.
Interactive Investor pays out cashback quickly, within 30 days of you qualifying. But it can reclaim the cashback if you close or transfer out within 12 months.
We like Interactive Investor’s flat fees, because they can work out better for larger portfolios. Like Hargreaves Lansdown, the platform recently updated its charging structure, making them more straightforward to understand. Read more in our Interactive Investor review.
> Find out more and open an account at Interactive Investor*
Cashback deal closing 30 April
InvestEngine – between £25 and £5,000 cashback*
Both new and existing customers can get up to £5,000 cashback from InvestEngine.
For new customers, deposits and transfers to an Isa or Sipp are eligible, while existing customers won’t get cashback on Isa top-ups, just transfers.
Existing customers can still get cashback on Sipp top-ups as well as transfers.
| Total contributions | Cashback |
|---|---|
| £5,000 | £25 |
| £10,000 | £50 |
| £15,000 | £75 |
| £20,000 | £110 |
| £30,000 | £140 |
| £50,000 | £200 |
| £100,000 | £300 |
| £500,000 | £1,000 |
| £1,500,000 | £3,000 |
| £2million | £5,000 |
| Source: InvestEngine | |
You need a relatively low starting deposit of £5,000, but this only qualifies you for £25, so there are better deals elsewhere.
You’ll get cashback within 21 working days of qualifying, but you need to keep the account funded with the original contribution, otherwise InvestEngine could reclaim the cash paid.
InvestEngine is a fee-free platform for investing in exchange-traded funds only, which does simplify the number of choices you need to make when investing. Read more in our InvestEngine review.
> Find out more and open an account at InvestEngine*
Managed options to consider for cashback
If you don’t want to choose your own investments, these platforms will do it for you. Keep in mind that account and management fees are higher than do-it-yourself platforms, but you might feel that these are worth paying for peace of mind.
You can get between £50 and £1,000 cashback in tiers when you open or transfer an Isa to Moneyfarm, registering for the deal by 15 April.
You need to have £5,000 to secure the minimum £50 and at least £100,000 for the top £1,000.
Moneyfarm charges management fees starting at 0.45 per cent, plus a platform fee of 0.25 per cent. There are underlying fund costs, too.
JPMorgan Personal Investing – closing 8 May
This platform was previously known as Nutmeg. The deal’s a bit different because you can choose to earn Avios instead of cashback.
Cashback starts at £50 or 5,000 Avios when transferring £5,000 to one of JPMorgan’s accounts. This steps up to £2,500 cashback or 250,000 Avios when transferring £250,000 or more.
You must register for the offer and then start the transfer by 8 May, keeping your funds invested until 8 May 2027.
Fees depend on the management style you choose. Fully managed starts at 0.75 per cent and there are underlying costs for the investments themselves.
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