Last-chance £200 cash-back on Interactive Investor Sipp offer ends Sept. 30
New or transferring Sipps with at least £15,000 qualify for £200; rival offers scale with pot size, including Fidelity's up to £2,000
Interactive Investor is offering a £200 cash-back incentive when you open or transfer a Self-Invested Personal Pension, with the deadline of 30 September 2025.
To qualify, you must open with or transfer at least £15,000 before the cutoff. If you are transferring, the instruction must be submitted by 30 September and the transfer must complete within two years. The offer follows a summer promotion that provided larger sums for bigger pots, but only for those with more than £1 million; investors with smaller pots typically received about £100. The current £200 deal is positioned as more accessible for those with modest pots.
Fidelity is running a separate Sipp cashback promotion that scales with pot size, offering £300 for a £50,000 pot and stepping up to £2,000 for pots around £1 million, with terms that vary by account and ongoing promotions. The availability of such offers is relatively limited, so Interactive Investor’s £200 offer may be of particular interest to investors with smaller pots who still want to boost their pension with minimal upfront cost.
Interactive Investor bills itself as a cost-conscious option for larger pots because its pricing is subscription-based rather than a percentage of assets. For a standalone Sipp, the platform charges £5.99 per month for investments up to £50,000 and £12.99 per month above that. Adding a stocks and shares ISA in a Sipp raises the monthly cost to £9.99 for investments up to £75,000 and £21.99 above that. Reviews note that the platform is straightforward to use and provides a wide range of research and educational content, along with generally solid customer service.
With few cashback deals currently available, the £200 offer could be attractive to investors seeking a boost to a smaller pot. Prospective savers should read the full terms and conditions, check any provider-specific benefits they may be sacrificing, and compare alternatives before deciding whether to transfer or open a Sipp.