Summer ISA Top-Up Offer Campaign Terms and Conditions
Validity Period
29 May 2025 - 31 August 2025 at 23:59
Introduction
1. Freetrade Limited’s (“Freetrade”, “we”, “us” or “our”) Summer ISA Top-Up Offer Campaign (“ISA Top-Up Campaign”) is offered subject to these Summer ISA Top-Up Offer Campaign Terms & Conditions (“ISA Top-Up Campaign Terms & Conditions”). By taking any actions under the ISA Top-Up Campaign, you agree to be bound by these ISA Top-Up Campaign Terms & Conditions. These ISA Top-Up Campaign Terms & Conditions are governed by English law.
2. Under the ISA Top-Up Campaign, one (1) percent cashback of Qualifying Top-Ups will be awarded to a relevant Account Holder who meets the criteria set out in these ISA Top-Up Campaign Terms & Conditions. In these ISA Top-Up Campaign Terms & Conditions, the one (1) percent cashback award is referred to as the “Award”.
3. The ISA Top-Up Campaign will be valid for the Validity Period, unless we extend that Validity Period. We may withdraw or amend these ISA 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. “Freetrade ISA Account” means a Freetrade ISA which is opened by you before or during the Validity Period. Freetrade ISA Accounts are subject to Freetrade’s Terms and Conditions (which can be found here) and the Freetrade ISA Terms.
How you qualify for an Award
5. In order to qualify for an Award, you must:
(a) be the Account Holder of a Freetrade Stocks and Shares ISA Account;
(b) have passed all of our onboarding checks;
(c) be a UK tax resident;
(d) have completed a W-8BEN form;
(e) have an annual Freetrade Plus or Standard subscription; and
(f) have initiated one or more Qualifying Top-Ups into a Relevant Freetrade ISA Account during the Validity Period stated above.
6. A “Qualifying Top-up” means one or more top-ups of cash which are made into a Freetrade ISA Account and which are subscriptions to your ISA for the purposes of the 2025/26 ISA allowance (of £20,000) and which:
(a) are initiated by you during the Validity Period before 31 August 2025 at 23:59, and
(b) have a total value of at least £5,000 net.
Transfers from another ISA manager made into your Freetrade ISA Account are not Qualifying Top-Ups.
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 Freetrade ISA Account open until the Award is made;
(b) keep any annual Freetrade subscription in effect until after the Award is made and pay your subscription fee on time; and
(c) do not make a withdrawal or transfer which causes the value of the Freetrade ISA Account to reduce by more than £5,000, at any time before we make the Award; and
(d) are not in breach of Freetrade’s Terms and Conditions (or the Freetrade ISA Terms, as applicable) 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.
8. Employees and contractors of Freetrade are eligible to receive an Award under these ISA Top-Up Campaign Terms and Conditions.
Value of the Award
9. The Award is an amount of cash equal to one (1) percent of the Qualifying Top-Up Value, subject to a maximum Award value of £200 per customer. This is the equivalent to one (1) percent of a £20,000 subscription.
10. The “Qualifying Top-Up Value” is the total value of all Qualifying Top-Up(s) into your Freetrade ISA Account at the time it is received by us and capped at £20,000, unless you make one or more withdrawal(s) or transfer(s) from your Freetrade ISA Account before the Award is made, in which case the “Qualifying Top-Up Value” will be reduced by the total amount of those withdrawals and transfers.
Making the Award
11. We will make an Award under the ISA Top-Up Campaign by paying the Award into your Freetrade GIA. Where multiple Qualifying Top-Ups are made, an Award will be made in respect of each Qualifying Top-Up.
12. Freetrade will use its best endeavours to make any Award to which you are entitled to under the ISA Top-Up Campaign:
- On 28 November 2025;
- If the Award has not been made within this timeframe, you should send a message via your in-app or web chat and we will investigate.
13. If, within three hundred and sixty-five (365) days following the Validity Period, you make a withdrawal or transfer which causes the value of your Freetrade ISA Account to fall below the amount of your Qualifying Top-Ups, you close the Freetrade ISA Account or stop any applicable annual subscription, then Freetrade reserves the right to clawback, sell or cancel any Award or sell any shares held by us for you and/or deduct cash you account of an equivalent value to the Award, as permitted under applicable law.
14. We reserve the right to not make an Award under this ISA Top-Up Campaign if you have breached the terms and conditions of any Freetrade campaign you have previously participated in.
15. We reserve the right to refuse to make an Award if we reasonably consider you to have engaged in activity we deem to be abusive, fraudulent, or in violation of these ISA Top-Up Campaign Terms & Conditions.
Tax implications
16. 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
17. Neither the making of an Award nor any of our communications in connection with the ISA 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
18. If you have a complaint in respect of the ISA 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.
