2026 Tax year end offer

FAQs

How does this promotion work?

1. Open your Freetrade account if you don’t have one yet.
2. Contribute at least £10,000 (net) to your ISA and/or SIPP by 5 April 2026. You can either top up your account or transfer in from another provider. Transfers must be initiated by 5 April 2026 in order to qualify, although they may be completed at a later date.
3. Depending on which account you are contributing to, join the relevant campaign in your Rewards Hub. 
4. We’ll pay your 1% cashback by 5 December 2026.

Cashback is capped at £5,000 per account. Any amount you withdraw or transfer out of your SIPP and/or ISA and before receiving cashback will be deducted from the amount you contributed in. This will reduce the amount of cashback you receive respectively.

What is the minimum amount I should contribute to qualify for cashback?

You need to add at least £10,000 to be eligible for the cashback.

If you make multiple smaller contributions into one account that together total £10,000 or more, you'll also qualify. For example, if you add £3,000 and then £7,000 into your ISA, you will qualify.

However, the contributions are aggregated per account not per customer, so for example, if you add £5,000 into ISA and £5,000 into SIPP, you won’t qualify.

What is the maximum cashback I can receive?

The maximum cashback amount you can receive per account is £5,000. 

But if, for example, you make two maximum qualifying contributions: £500,000 into your ISA and £500,000 into your SIPP, you will get £10,000 in total.

How do you calculate “net” funding and determine the cashback value I will receive?

We will sum up the total inflows to your ISA and/or SIPP between the campaign period (7 January 2026 - 5 April 2026 at 11:59 PM). Net inflows include:

• Top-ups
• Cash moves from your GIA to either your ISA and/or SIPP
• Transfers in from other providers

We will deduct any outflows from your ISA and/or SIPP between the campaign start, 7 January 2026, and the day before the cashback is awarded, 4 December 2026, at 11:59 PM. Net outflows include:

• Withdrawals
• Cash moves from your ISA and/or SIPP to your GIA
• Transfers out to other providers

This will give us your net funding for the campaign, and will determine the value of cashback you will be awarded.

If you withdraw or transfer any amounts out of your relevant Freetrade account which causes its net funding to fall before we award the cashback, then this lower value will be used to determine your 1% cashback.

What is a “top-up”?

A top-up in the context of this campaign is when you add cash to your account.

You can put up to £20,000 per year into an ISA or combination of ISAs (e.g. a cash ISA, stocks and shares ISA, a Lifetime ISA, etc.).

Typically you can put up to £60,000 or 100% of your annual earnings, whichever is lower, into your pensions each year tax-free. This may differ depending on your circumstances, such as if you are a high income earner. For more information check HMRC’s page on annual pension allowances.

What is a “transfer”?

A transfer in the context of this campaign is the transfer of an ISA or SIPP from an existing provider.

You can transfer other stocks and shares ISAs or cash ISAs to your Freetrade ISA.

You can combine and transfer other pensions to your Freetrade SIPP.

How do I initiate a transfer?

1. Make sure you have the correct account open (e.g. ISA or SIPP). You can open one in minutes from your Freetrade account.
2. Initiate a transfer:

Via app: Tap Profile 👤 > Transfer account > Self-invested personal pension or Stocks & shares ISA > Get started.

Via web: Go to the Transfer tab and follow the prompts.

Once you've completed these steps, we'll begin the transfer process and keep you updated.

What types of ISA can I transfer?

You can transfer:

• Cash ISAs
• Stocks and shares ISAs
• Innovative finance ISAs‍

Transferring an ISA won’t impact your annual ISA allowance.

If we offer the stocks you’re looking to transfer, you can transfer them without selling. If not, you can either sell the stocks and transfer as cash, or leave them with your current provider, assuming your current provider allows this. We will reach out to discuss your options if one of your stocks cannot be transferred.

What types of pension can I transfer?

You can transfer the below types of pensions to a Freetrade SIPP:

• Self-invested personal pensions (SIPPs)
• Individual Personal Pension (IPP)
• Stakeholder Pension Plan (SHP)
• Free Standing Additional Voluntary Contributions (FSAVC)
• Trust-Based Workplace Pension Plan*

*Subject to current plan rules. Some workplace pension plans cannot be transferred whilst still active.

Currently, we are unable to accept Final Salary Personal Pension, Defined Benefit Pension Plan or any pensions that contain Safeguarded Benefits including Protected Tax-Free Cash (PTFC), Protected Retirement Ages (PRA), Guaranteed Annuity Rates (GARs) or Guaranteed Minimum Pensions (GMP).

There is no limit on how many pensions someone can have (e.g. NHS pension and a Freetrade SIPP), but customers should be aware of their own circumstances.

‍How long do transfers take?

Transfer times can vary depending on a number of factors, such as whether or not your current provider processes transfers electronically (manual transfers can take longer), and turnaround on due diligence checks.

We will work hard to complete your transfer as quickly as possible, and will provide you with updates as the transfer progresses.

In general:

• Cash ISAs can take up to four weeks
• Stocks and shares ISAs can take up to six weeks
• Pension transfers can take up to twelve weeks, but we aim to complete within eight weeks

What happens if my transfer is delayed?

To take part in this campaign, you need to initiate your transfer before 5 April 2026 at 11:59 PM.

This means you need to fill in the relevant transfer form by this date.

If your transfer is delayed for reasons outside of your control, we’ll still honour the offer and award you your cashback.

What happens if I make transfers and/or top-ups to both my ISA and my SIPP?

Cashback is awarded per account, and transfers and top-ups will be summed up per account.

Example 1

You top up your ISA with £10,000 and transfer £40,000 worth of pensions to your SIPP.

You will receive £100 cashback for your ISA top-ups, and £400 cashback for your SIPP transfers.

Example 2

You transfer two pensions to your Freetrade SIPP: one worth £30,000, and another worth £20,000.

The total transfer value to your SIPP is £50,000, and you will get £500 cashback.

Example 3

You transfer an ISA worth £10,000 and top up your ISA with £5,000.

Your total ISA contribution is £15,000, so you will get £150 cashback.

Example 4

You transfer an ISA worth £500,000 and SIPP worth £600,000 

You will receive £5,000 cashback for your ISA transfer, and £5,000 cashback for your SIPP transfer. This is because the cashback is capped at £5,000 per account.

Remember, if you withdraw or transfer any amounts out of the relevant Freetrade account before we award your cashback, this could result in your cashback decreasing.

Can you pay my cashback in my ISA or SIPP?

Your cashback will be paid to your General Investment Account (GIA). This is to ensure your ISA and/or SIPP is not oversubscribed for the tax year.

When will I get my cashback?

We will be awarding cashback for this campaign by 5 December 2026.

What if I want to close or withdraw from my account?

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 cashback, then this will affect whether you get cashback or the value of it.

We ask you keep the relevant account (i.e. ISA and/or SIPP) open, and do not transfer out for 365 days from when the cashback  is awarded as per the terms of the offer.

When does this offer end?

This offer runs from 7 January 2026 to 5 April 2026 at 11:59 PM.

I haven’t received my cashback. What should I do?

We will be paying cashback for this campaign by 5 December 2026.

If you haven’t received your cashback after this date, make sure you have met the qualifying criteria:

1. Did you contribute at least £10,000 (net) between the campaign dates? 
2. Did you withdraw or transfer out from the relevant account? If your total contributions (inflows) minus your outflows net out at less than £10,000 per account, you won’t qualify for cashback.

If you answered yes to all the above, send us a message via your in-app or web chat and we’ll look into it for you.

‍

‍

2026 ISA and SIPP Transfer and Top-up Campaign Terms and Conditions 

Validity of offer 

7 January 2026 - 5 April 2026 at 11:59 PM 

Introduction

1. Freetrade Limited’s (“Freetrade”, “we”, “us” or “our”) 2026 ISA and SIPP Transfer and Top-up Campaign (“Transfer and Top-up Campaign”) is offered subject to these 2026 ISA and SIPP Transfer and Top-up Campaign Terms & Conditions (“Transfer and Top-up Campaign Terms & Conditions”). By taking any actions under the Transfer and Top-up Campaign, you agree to be bound by these Transfer and Top-up Campaign Terms & Conditions. These Transfer and Top-up Campaign Terms & Conditions are governed by English law.

2. Under the Transfer and Top-up Campaign, one (1) per cent cashback will be awarded to a relevant Freetrade account holder (“Account Holder”) who meets the criteria set out in these Transfer and Top-up Campaign Terms & Conditions. In these Transfer and Top-up Campaign Terms & Conditions, the award of the cashback is referred to as the “Award”. 

3. The Transfer and Top-up Campaign will be valid for the Validity Period, unless we extend that period. We may withdraw or amend these Transfer and Top-up Campaign Terms & Conditions to the extent that the withdrawal or amendment is not to your detriment, by updating them on our website. 

4. “Relevant Freetrade Account” means a Freetrade SIPP and/or Freetrade ISA which is opened by you before or during the Validity Period. Freetrade Accounts are subject to Freetrade’s Terms and Conditions (which can be found here) and, if applicable, the Freetrade ISA Terms and Conditions or the Freetrade SIPP Terms and Conditions. 

How you qualify for an Award 

5. In order to qualify for an Award, you must, by the end of the Validity Period:

(a) be the Account Holder of a Relevant Freetrade Account;

(b) have passed all of our onboarding checks;

(c) be a UK tax resident;

(d) have joined the Transfer and Top-up Campaign from the Freetrade Campaign Hub; and 

(e) have initiated one or more Qualifying Transfers into a Relevant Freetrade Account during the Validity Period stated above. 

6. A “Qualifying Transfer” means a payment of at least £10,000 (GBP) net at the date the transfer/payment is received by us (“Minimum Net Funding Amount”) by means of either or both of: 

(a) transfers of cash and/or investments which are made into a Freetrade ISA or Freetrade SIPP from an investment account you hold with another provider using the transfer links provided by Freetrade or by using the Freetrade App which are initiated by you during the Validity Period; or 

(b) a cash subscription into your Freetrade ISA or top-up of cash into your Freetrade SIPP. 

7. You will only remain eligible for an Award after you have met the criteria in 5 and 6 above if you:

(a) keep the Relevant Freetrade Account open until the Award is made; 

(b) do not make a withdrawal or transfer which causes the value of the Relevant Freetrade Account to fall below the amount of your Qualifying Transfer(s) at any time before we make the Award;

(c) are not in breach of Freetrade’s Terms and Conditions (or the Freetrade ISA Terms and Conditions, or the Freetrade SIPP Terms and Conditions, if applicable); and

(d) do not have any outstanding liability to Freetrade, or have not behaved in a way that we reasonably consider to be abusive, in bad faith, or fraudulent.

Value of the Award

8. The maximum value making up the Award is capped at £5,000, per each Relevant Freetrade Account. Under this Transfer and Top-up Campaign, the maximum Qualifying Transfer amount is £500,000 in order to receive the maximum value of the Award.

9. The “Transfer Value” is the total value of all Qualifying Transfer(s) into your Relevant Freetrade Account at the time it is received by us, unless you make one or more withdrawal(s) or transfer(s) from your Freetrade Account before the Award is made, in which case the “Relevant Value” will be reduced by the total amount of those withdrawals and transfers.

10. If you have more than one Relevant Freetrade Account, we look at each Relevant Freetrade Account individually to assess whether you qualify for an Award and the value of that Award. If you qualify for an Award in relation to multiple Relevant Freetrade Accounts, you will receive an Award in respect of each of those Relevant Freetrade Accounts. 

Making the Award

11. We will make an Award under the Transfer and Top-up Campaign by placing it into your Freetrade GIA. 

12. Freetrade will use its best endeavours to make any Award to which you are entitled to under the Transfer and Top-up Campaign: 

(a) by 5 December 2026; and  

(b) if the Award has not been made within this timeframe, you should email hello@freetrade.io. 

13. Employees and contractors of Freetrade may make a Qualifying Transfer in accordance with these Transfer and Top-up Campaign Terms and Conditions, and they will be eligible for an Award in connection with our Transfer and Top-up Campaign. 

14. We may refuse to make an Award if we reasonably consider that you have engaged in activity we deem to be abusive, fraudulent or in violation of these Transfer and Top-up Campaign Terms & Conditions. 

15. We reserve the right to not make an Award under this Transfer and Top-up Campaign if you have breached the terms and conditions of any Freetrade campaign you have previously participated in. 

16. After the Award is made, if you seek to:

(a) close your Relevant Freetrade Account; or 

(b) make a transfer or withdrawal from your Relevant Freetrade Account which causes the value of your Relevant Freetrade Account to fall below the Relevant Value; and 

(c) within 365 days of your transfer completing, we reserve the right to clawback the Award, to the extent permitted by applicable law. 

Tax implications

17. Freetrade does not give tax advice or take account of your individual tax position. You are responsible for understanding your own tax position in relation to your Freetrade account(s) and the Award.

No advice

18.  Neither the making of an Award nor any of our communications in connection with the Transfer and Top-up Campaign constitute a recommendation by us to buy, sell, exercise any rights in or hold any financial instrument. Under no circumstances does Freetrade provide investment advice and individual investors should make their own decisions on what investments are right for them or seek independent advice.

Complaints

19. If you have a complaint in respect of the Transfer and Top-up Campaign, you should contact our Customer Service team at hello@freetrade.io, where your complaint will be handled in accordance with our complaints order handling procedure.