Final opportunity to receive £200 cashback upon opening a pension account with Interactive Investor
Interactive Investor Offers £200 Cashback for Pension Transfers
Interactive Investor, a popular investment platform, is currently offering a cashback deal for investors looking to open or transfer a pension account. The offer, which provides a £200 cashback, is available until 30 September 2025.
This cashback offer is part of several deals introduced by Interactive Investor throughout the year. To qualify for the current offer, at least £15,000 must be opened or transferred before the deadline.
For those with a pension pot between £10,000 and £49,999.99, a more modest £100 cashback was offered in a previous promotion.
Interactive Investor is a good choice for investors with larger pension pots who prefer subscription-based account fees. For a Sipp with Interactive Investor, the monthly fee is £5.99 for investments up to £50,000 and £12.99 for investments above £50,000. For investors with larger pension pots, the fee is £9.99 for investments up to £75,000 and £21.99 for investments above that, for a stocks and shares Isa with a Sipp.
The platform offers a wealth of investment research and educational content, making it straightforward to use. It also boasts good customer service.
However, it's crucial to confirm that you won't lose any valuable benefits from your existing provider when transferring a pension. If transferring, the instruction must be submitted by 30 September and the transfer must complete within two years.
Comparing the best Sipps for different types of investors can be a daunting task. A guide is available to help investors make informed decisions. Other investment platforms, such as Fidelity, are also offering cashback deals. Fidelity is offering a cashback deal until 10 November, with £300 for a £50,000 pension pot and up to £2,000 for a £1 million pension pot.
Cashback offers can boost your pension pot, but it's important to check all terms and conditions, fees, and features before making a decision. For a comprehensive review of Interactive Investor, read more in the Interactive Investor review.
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