IG launches 5% cashback for new customers: Is it worth signing up?

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Investment platform IG has launched a cashback deal that pays customers 5 per cent on their investments, up to a maximum of £100.

The provider has run several deals throughout the year in a bid to encourage investors to open an account.

But this promotion is different from IG’s previous deals, because there’s cashback on the table. Its other offers simply gave investors a free share in a UK listed company, provided they invested the minimum amount.

You must be a new IG customer and make a minimum investment of £50 between 21 November and 31 December 2025 to be eligible for the cashback.

You also need to hold this initial trade until the end of March 2026, maintaining an active investment in your portfolio.

Cashback is a nice bonus if you’re planning on making new investments before the end of the year, but beware of IG’s custody fees if you won’t be making regular trades – read more below.

> Invest with IG and get your cashback*

Well-known: IG is an established UK investing and trading platform

Well-known: IG is an established UK investing and trading platform

How to make the most of IG’s cashback

You can earn a decent amount through this deal, but to get the maximum £100 you have to invest £2,000 on IG before the end of the year.

Each of the major investing accounts are available through IG*, including a stocks and shares Isa, a self-invested personal pension (Sipp) and a general investment account.

You won’t be paid cashback until 30 April 2026, because of a requirement to hold at least £50 of investments through to the end of March, maintaining at least your first trade.

Keep in mind that while IG is a low-cost platform, it charges £24 every three months if you make less than three trades in that quarter.

This makes IG more suited to those who are keen to invest regularly, with the fee effectively waived if you contribute to your account and trade each month.

How to avoid the custody fee… 

To avoid being caught out by the quarterly fee, you could set up regular investing, so you contribute and invest a set amount into an asset of your choice each month. IG doesn’t charge dealing fees.

You should also keep in mind that IG also offers spread betting and CFD – contracts for difference – trading. These are complex instruments, are very risky, and we believe they’re best avoided. IG itself says that 67 per cent of investors lose money when trading spread bets and CFDs on the platform.

We regularly review the top platforms, explaining the type of investor that each provider may suit. Read more in our guide to the best investment platforms.

How does the IG deal compare with others?

There are a few deals currently available for those keen to give their portfolio a boost:

  • Freetrade*: 1 per cent cashback for new Isa customers transferring £10,000 or more. For transferring a Sipp, it’s 2 per cent cashback – both capped at £1,000.
  • Hargreaves Lansdown*: £150 John Lewis voucher when funding an Isa with at least £10,000. When funding a Sipp with at least the same amount, you can get a £200 John Lewis voucher.
  • Interactive Investor*: £200 cashback when depositing or transferring £15,000 in a Sipp. 
  • Prosper*: £100 cashback when opening and funding a savings or investing account with at least £10,000.

> Open an account with IG and get your cashback* 

SAVE MONEY, MAKE MONEY

Trading 212: 0.71% fixed 12-month bonus

4.56% cash Isa

Trading 212: 0.71% fixed 12-month bonus

4.56% cash Isa

Trading 212: 0.71% fixed 12-month bonus

£200 when you deposit or transfer £15,000

Sipp cashback

£200 when you deposit or transfer £15,000

Sipp cashback

£200 when you deposit or transfer £15,000

Straightforward 4.55% cash Isa with no boost

Top Isa without bonus

Straightforward 4.55% cash Isa with no boost

Top Isa without bonus

Straightforward 4.55% cash Isa with no boost

5% cashback on investments, up to £100

£100 cashback

5% cashback on investments, up to £100

£100 cashback

5% cashback on investments, up to £100

Hold £1,000 after three months in Plum's cash Isa

£20 gift card

Hold £1,000 after three months in Plum's cash Isa

£20 gift card

Hold £1,000 after three months in Plum’s cash Isa

Affiliate links: If you take out a product This is Money may earn a commission. These deals are chosen by our editorial team, as we think they are worth highlighting. This does not affect our editorial independence. Terms and conditions apply on all offers.

#launches #cashback #customers #worth #signing

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