Stocks & Shares ISA investing cashback: Fidelity, Hargreaves Lansdown, Santander and more

Take a look at the top cashback incentives for new 2017/18 ISA allowances and transfers.

If you’re going to open a Stocks and Shares ISA in these early days of the new financial year then rest assured, the investment companies want your money.

In fact, they are so keen to get your custom they’re willing to pay for it with several companies offering juicy cashback deals for new subscriptions and transfers.

Here’s a roundup of the top incentives on offer.

Santander

Santander is offering up to £100 cashback when investing into its Stocks and Shares ISAs.

New and existing customers can benefit from 0.5% cashback on investments of up to £20,000 made before 16 June.

Existing customers are being encouraged to consolidate their investments by transferring ISA holdings from other investment firms into their Santander account.

Fidelity International

Transfer existing ISAs, pensions or funds to Fidelity Stocks and Shares ISA before 9 June and you could grab up to £1,000 cashback.

The cashback is tiered depending on how much money you pay in, but you’ll need to invest at least £50,000 to qualify.

Total value transferred

Cashback

£50,000-£99,999

£100

£100,000-£149,999

£200

£150,000-£199,999

£300

£200,000-£299,999

£400

£300,000-£399,999

£600

£400,000-£499,999

£800

Over £500,000

£1,000

The deal is open to new and existing customers and Fidelity has said it will also help cover any exit fees your current provider charges up to a £500 limit.

“With the start of the new tax year many investors will be reviewing their portfolios and be looking to make the most of their various allowances,” says Jonathan Hewitt, head of personal investing at Fidelity International.

“This can be a time consuming and laborious process if your investments are scattered across various providers.

“A simple and effective solution is to bring all your investments together into one place.

“By consolidating your investments, you’ll be able to spend less time keeping track of all your investments and more time concentrating on building and growing your investment portfolio.”

Hargreaves Lansdown

Transfer your existing ISAs, funds or pensions into a Hargreaves Lansdown Vantage Stocks and Shares ISA before 5 May and you could earn up to £500 cashback.

The amount you get depends on how much you transfer to the account and you’ll need at least £5,000 to qualify.

Total value transferred

Cashback

£5,000 - £24,999

£20

£25,000 - £49,999

£50

£50,000 - £99,999

£100

£100,000 - £149,999

£250

£150,000+

£500

You will get your cashback after the offer ends and all your transfers are completed, but you will need to make sure you keep your account open for at least a year.

Shepherds Friendly

Open a Stocks and Shares ISA with Shepherds Friendly via cashback website Quidco and you could grab up to £200.

To get the cashback you need to open the account via Quidco’s website and leave the money in the account for at least three months.

The amount of cashback you receive depends on how much you commit to pay into the account each month.

Amount paid each month

Cashback after three months

£30-£99.99

£80

£100-£499.99

£120

£500-£899.99

£160

£900 or above

£200

If you deposit a lump sum of £5,000 or more you also get £120 cashback.

Nutmeg

If you open a Stocks and Shares ISA with Nutmeg via Quidco you can get £170 cashback.

To qualify you have to make an initial investment of at least £500 or pay in £100 a month and leave the money in the account for at least 12 months in order to get your cashback.

Scottish Friendly

Open a Scottish Friendly My MoneyBuilder ISA via Quidco and you can claim up to £200 in cashback.

Monthly deposit

Cashback

£10-£29.99

£40

£30-£49.99

£65

£50-£99.99

£90

£100-£999.99

£120

£1,000 or more

£200

Compare Stocks and Shares ISA for 2017/18


 

 

 

More on investing:

Expert share tips: Lloyds, RBS, JD Sports and more

Stocks & Shares Lifetime LISA: how the investment charges compare

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