Moneyfarm, a well-established robo-adviser is offering existing customers a cashback promotion until 20 November 2023 and a prize draw for new customers.
What is the offer?
Moneyfarm is offering up to £3,000 in cashback when existing customers add extra funds to their Sipp. All customers have to do is deposit funds into their Sipp, or transfer a pension into the Sipp, any time before the offer closes, and remain invested for at least six months.
The amount of cash back varies, depending on how much is paid in. It starts at £50 cashback for payments between £5,000 to £9,999 and tiers up to the full £3,000 for transfers of over £500k.
What about new customers
A different offer is available for new customers. New customers can win up to £20,000 to boost their pension, in a prize draw, when they open a Sipp or transfer an existing Sipp to Moneyfarm.
The draw offers multiple chances to win. Customers receive one entry for every £5,000 they invest – whether through a deposit or a pension transfer. Plus, there are several cash prizes up for grabs to boost their pension:
- 1st prize: £20,000
- 2nd prize: £10,000
- 3rd prize: £5,000
To enter the prize draw, all customers need to do is open and fund a Sipp or transfer an existing pension before 12 December 2023.
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