6 ISA transfer offers available now to boost your portfolio
Here are the best pension and ISA transfer offers, with some providers giving away as much as £5,000 in cashback for transferring an account
Marc Shoffman
You could give your ISA and pension portfolios a financial boost this summer with a range of cashback deals and incentives.
Investment platforms are trying to attract business by offering cashback to new and current customers who open or transfer an ISA or self-invested personal pension (Sipp) to their platform.
Others are giving out cash or vouchers for referring a friend, money to cover exit fees when switching from a competitor, or free trades.
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A juicy cashback bonus could give your ISA or Sipp a big boost.
Here are some of the best ISA and Sipp cashback deals on offer.
The best Sipp and ISA transfer offers
Charles Stanley Direct
Earn up to £1,500 cashback when you transfer ISAs and pensions to Charles Stanley Direct.
You can get up to £1,500 cashback if you transfer your cash and/or investments held with another provider to the Charles Stanley Direct Online Investing platform.
The amount of cashback you earn increases the more you transfer, and applies to general investment accounts, stocks and shares ISAs, Junior ISAs and Sipps.
This is an ongoing offer with no end date. You need to transfer at least £20,000 to qualify for any cashback. If you move over £200,000 or more, you'll get the maximum £1,500 bonus plus a six-month fee waiver.
The money must be held with Charles Stanley Direct for at least a year; the cashback payment will then be made within 30 days of the end of the 12-month period.
Transfer-in value | Cashback payable |
Less than £20,000 | Not eligible for cashback |
£20,000 - £49,999 | £300 |
£50,000 - £99,999 | £600 |
£100,000 - £199,999 | £1,000 |
£200,000 or more | £1,500 plus six-month fee waiver |
You can get a bonus if you refer a friend or family member to the Charles Stanley Direct platform, depending on how much money they transfer.
The firm offers £250 if you refer a friend or family member and they transfer more than £20,000 into their new Charles Stanley Direct account.
The person you refer will then get the transfer bonus as detailed above, earning between £300 and £1,500 depending on the amount of money they transfer.
They will need to transfer at least £20,000 within three months of registration and hold their cash or investments there for at least nine months to be eligible.
To be able to refer friends to Charles Stanley Direct, you need to hold at least £1,000 of cash or investments with the platform.
AJ Bell
Get up to £500 towards transfer costs when switching to AJ Bell.
AJ Bell will cover the costs when transferring a Sipp, ISA or dealing account. It will pay up to £35 per investment moved and up to £100 for general exit fees, up to an overall maximum of £500 per person.
To be eligible, the account being transferred must be valued at £20,000 or more.
Once you make the transfer, you need to write to the platform with documentation. You’ll receive the money back within 28 working days.
You must keep the transferred funds in your account for at least 12 months or the money could be reclaimed.
Interactive Investor
You can £200 cashback when you switch to interactive investor’s (ii) Sipp.
A minimum of £20,000 has to be transferred or deposited by the end of June 2026 to qualify and you will also need to add an ii Trading Account.
Once a minimum of £20,000 has been transferred to ii, you will get your cashback within 30 days.
InvestEngine
InvestEngine’s customers can get up to £200 cashback when they recommend a friend to its ISA, Sipp or general investment accounts and the friend invests at least £100. The friend will also receive the bonus.
If you refer someone to a Business Account, the bonus is increased to up to £400.
Referral bonuses for both normal and business accounts are randomly generated. The probability tables can be seen below.
Referral Funding | Business Referral Funding | Probability |
£20–£24 | £100–£120 | 75% |
£28–£34 | £130–£160 | 15% |
£42–£56 | £170–£220 | 5% |
£75–£100 | £250–£320 | 3% |
£150–£200 | £350–£400 | 2% |
Source: InvestEngine
Customers can refer up to 25 friends. You must keep your bonus invested for at least 12 months before you can withdraw it.
Lloyds
Lloyds will pay new and existing customers up to £5,000 for transferring and combining old pensions into its Lloyds Ready-Made Pension (RMP) and Lloyds Self-Invested Personal Pension (SIPP) between 1st June and 30 November 2026.
To get this cashback, a Lloyds, Halifax or Bank of Scotland current account must be held or opened during the offer period and must be open by 31 May 2027.
Customers must transfer across at least £20,000 from one or more pensions using the online transfer application.
Cashback will be paid into the customers’ personal bank account by 30 June 2027.
The cashback figure will depend on the amount transferred and starts at £250 for transfers between £20,000 and £49,999. You will need to transfer £2 million or more for the full £5,000 cashback.
Transfer amount | Cashback earned |
£20,000 - £49,999 | £250 |
£50,000 - £99,999 | £500 |
£100,000 - £249,999 | £1,000 |
£250,000 - £499,999 | £1,500 |
£500,000 - £999,999 | £3,000 |
£1,000,000 - £1,999,999 | £4,000 |
£2,000,000 or more | £5,000 |
Fidelity
Fidelity will reimburse any exit or redemption fees charged to a customer by their former provider when moving ISAs, pensions, investment accounts, or junior accounts to the platform, up to a maximum amount of £500 per customer. The minimum transfer is £100.
Where a re-registration or transfer is not possible and the customer chooses to sell their investments held through another provider and subsequently make new investments through Fidelity, the platform will also cover up to £500 of fees. This is based on a minimum £10,000 investment.
Claims must be made within six months from the date of transfer.
The platform will also give current users a £100 Amazon.co.uk Gift Card if they recommend a friend and they open an ISA or pension account.
Things to consider when transferring an ISA
You can transfer your ISA from one provider to another at any time, either to a different type of ISA or the same type of ISA.
Under the current multiple ISA rules, you also have the flexibility to choose to move some or all of the funds.
To transfer your ISA, simply contact your provider and fill out the transfer form to move your account.
If you withdraw the money without doing this, it will lose its tax-free status, so make sure you’re following the correct process. Transfers typically take anywhere between 15 to 30 days.
Check there is no charge to transfer your current ISA, as well as your new provider’s fees, to make sure it makes sense to move your money. If the new provider’s fees are higher, then it might be worth sticking with your current provider.
Equally, if the transfer fee would eat into your savings (and you can't reclaim this from the new platform), it might not be worth it.
