Best pension cashback offers and fee-free deals

2 min Read Published: 08 Apr 2024

A great way to boost your pension in 2024 is to take advantage of a cashback offer or fee-free deal when you sign up with a new pension provider. In order to attract new customers, we've seen an increasing number of pension providers that are willing to offer generous cashback deals in 2024, some offering as much as £2,100 for customers that transfer an existing pension pot.

In addition, we've sourced deals that allow new customers to boost their pension returns by investing fee-free for the first year. Below, we list our best pension offers, including the best cashback deals, top fee-free offers and other deals we think provide excellent value.

Best Pension cashback offers and deals April 2024

Provider Offer Offer Type Small print Provider Reviews
Hargreaves Lansdown* N/A N/A Hargreaves Lansdown ran a cashback offer up to 29/02/24. We will update this table as soon as another offer becomes available. Hargreaves Lansdown review
Interactive Investor* Get £200 cashback* Cashback New customers will receive £200 cashback when they deposit or transfer at least £15,000 into an Interactive Investor SIPP before 30th April 2024. Terms & fees apply. Capital at risk. Interactive Investor review
Charles Stanley* N/A N/A Charles Stanley ran a cashback offer up to 29/02/24. We will update this table as soon as another offer becomes available. Charles Stanley review
Freetrade*  

N/A

N/A Freetrade ran a cashback offer worth up to £2,100, however, it expired on 5th April 2024. We will update this table as soon as another offer becomes available. Freetrade review
Bestinvest* N/A N/A Bestinvest ran a cashback offer up to 30th November 2023. We will update this table as soon as another offer becomes available. Bestinvest review
Nutmeg 12 months fee-free investing Fee-free investing Invest at least £500 in a Nutmeg Pension and Nutmeg will waive its management fees for the first 12 months. Terms and conditions apply. Capital at risk Click to read our Nutmeg review
Moneyfarm* 12 months fee-free investing* Fee-free investing Sign up to Moneyfarm, invest at least £500 and pay no management fees for 12 months. Terms and conditions apply. Capital at risk Click to read our Moneyfarm review
Vanguard N/A N/A Read our Interactive Investor review to find out how you can invest in Vanguard funds Vanguard review

Pension cashback offers and deals explained

There are a number of different types of offer that are available when you shop around for the best pension offer and it is worth explaining how the different deals work, so you can choose the best offer for you. We've listed the different types of pension deal below with an explanation of each.

  • Cashback offers - Paid in a variety of ways. Can be paid into your nominated bank account or paid as cash into your investment account.
  • Investment bonus - Similar to cashback but is often paid as a bonus cash amount, usually into your investment account.
  • Fee-free deals - Offers fee-free investing for a period of time, often up to 12 months.
  • Free shares - A popular deal offered by trading apps as an incentive for signing up.
  • Trading credits - Depending on the investment platform you choose, you may be charged a fee for making certain trades. Trading credits are sometimes offered as an incentive when you sign up, meaning you can use credits rather than paying a fee each time you make a trade.

Other cashback offers and deals

This article focuses on the best Pension cashback offers and deals. For the best offers for other investment products including ISAs, click on the articles below.

 

If a link has an * beside it this means that it is an affiliated link. If you go via the link, Money to the Masses may receive a small fee which helps keep Money to the Masses free to use. The following link can be used if you do not wish to help Money to the Masses or take advantage of any exclusive offers - Hargreaves Lansdown, Interactive Investor, Moneyfarm, Bestinvest, Charles Stanley, Freetrade