ISA and SIPP offer - FAQs
To receive a free share worth between £100 and £2,100 as part of this offer, you must either 1) open an account and top up or start an ISA and/or SIPP transfer on or before 5 April 2024 or 2) if already a customer; top up or start an ISA and/or SIPP transfer to your current Freetrade account between 22 February and 5 April 2024.
Step 1: Download the Freetrade app and open either an ISA or SIPP with an annual subscription plan using this link.
Step 2: Top up or start a transfer for at least £10,000 into your Freetrade ISA and/or SIPP on or before 5 April 2024. Other eligibility rules apply, see the terms and conditions.
Step 3: Keep your account open. If you make withdrawals or transfers out that cause your ISA or SIPP account’s net funding to fall before we award the share, the value of your free share will be impacted. If it falls below £10,000, you will not be awarded a free share.
Step 4: We’ll drop the free share into your General Investment Account (GIA) within 90 days of campaign completion whether you have qualified via ISA or SIPP.
Step 1: Ensure you have an open ISA and/or SIPP with an annual subscription plan on or before 5 April 2024.
Step 2: Top up or start a transfer for at least £10,000 into your Freetrade ISA and/or SIPP on or before 5 April 2024. Other eligibility rules apply, see the terms and conditions.
Step 3: Keep your account open. If you make withdrawals or transfers out that cause your ISA or SIPP account’s net funding to fall before we award the share, the value of your free share will be impacted. If it falls below £10,000, you will not be awarded a free share.
Step 4: We’ll drop the free share into your General Investment Account (GIA) within 90 days of campaign completion if you have qualified via ISA or SIPP.
*Annual subscriptions must be active at the time of awarding.
Step 1: Make sure you have the correct account open and ready to receive a transfer.
Step 2: Follow the instructions within the links below:
A transfer in the context of this campaign is the transfer of an ISA or SIPP from an existing provider.
A top up in the context of this campaign is when you add cash to your account.
It is the value of the deposits minus the withdrawals you make during the campaign period.
This offer is open to all Freetrade customers, new and existing who top up or initiate a qualifying transfer prior to 5 April 2024.
No, due to the possibility that transfers will complete at different times depending on whether they are into an ISA and/or SIPP, we will only combine transfer values within each specific investment account.
Free share awarding will be measured at an individual investment account level (ISA and/or SIPP). Multiple transfers into a single investment account will be measured together.
If you transfer funds into both investment accounts you will have two opportunities to receive free shares, depending on transfer value.
Free shares are awarded according to the tier you fall into per account (ISA or SIPP).
The value of the free share you receive will depend only on the net amount you top up or transfer into either your ISA or SIPP accounts (as cash and/or value of investments) between 22 February and 5 April 2024
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Remember: If you withdraw or transfer any amounts out of your relevant Freetrade account which causes its net funding to fall before we award the share, then this lower value will be used to determine whether you get a free share.
This offer is for top ups and transfers of cash or investments which have been contributed into an ISA or SIPP between 22 February and 5 April 2024.
If you are transferring an account, you have to initiate a transfer on or before 5 April 2024.
You could get a single free share or multiple free shares that will total the value of the award you qualify for.
Free shares are selected at random from our stock universe, and could be a share, ETF or investment trust. Free shares are always US or UK instruments.
The type of free shares awarded are not defined until the awarding date to ensure the free share value aligns with the amount you have transferred and appropriate reward banding.
Due to ISA and SIPP rules, your free share(s) can only be awarded to your General Investment Account (GIA).
If you make a withdrawal or transfer out which causes the net funding of the Freetrade account to fall or you close your Freetrade account before we award the free share, then this will affect whether you get a free share or the value of any awarded free share, in line with the table above.
You may receive either one or several free shares equivalent to the total value of the free share you qualify for.
You will get a free share associated with each investment account (ISA or SIPP) which meets the net funding requirements of the campaign awarded to your GIA.
We will award the free share usually within 90 days of the completion of the campaign if your transfer has completed. This is dependent on you keeping your account open, not withdrawing or transferring to below £10,000, and you having an active annual subscription to our Standard or Plus plan.
If you make a withdrawal or transfer which causes the net funding of your ISA and/or SIPP to fall before we award the free share, then it will affect whether you get a free share or how much that free share is worth. If you close your Freetrade account before we award the free share, then you won't be awarded a free share.
Yes, we will review all those transfers who qualified before 5 April each month and award outstanding free shares in a monthly cycle.
Send us an email at freeshare@freetrade.io and we’ll look into it for you.
When you invest, your capital is at risk. The value of your portfolio can go down as well as up and you may get back less than you invest. This is not investment advice.
⚠️ ISA eligibility rules apply. Tax treatment depends on personal circumstances and current rules may change. Check before you transfer that we can accept your investments, you won’t lose any guarantees, and that you know what charges you may incur.
⚠️ SIPP eligibility rules apply. Tax treatment depends on your personal circumstances and current rules may change.
Check before you transfer a pension to us that we can accept your investments, you won’t lose any guarantees, and that you know what charges you may incur. Seek advice if you are unsure about making a transfer.
A SIPP is a pension designed for you to save until your retirement and is for people who want to make their own investment decisions. You can normally only draw your pension from age 55 (57 from 2028), except in special circumstances.
At present, Freetrade only supports Uncrystallised Fund Pension Lump Sums (UFPLS) for customers who wish to withdraw funds from their SIPP after their 55th birthday. We strongly encourage you to seek financial advice before making any withdrawals from your SIPP.
