Following on from its recent cashback offer, popular trading app IG is instead now offering 5% cashback (up to £200) in cold, hard cash to new customers who make an investment.
Open a new IG account. 👤
You'll need to use code JULYCASH200 and you can't have previously held a share dealing account with IG.
Invest at least £100. 💸
Fund your account and place your trades by 31 July 2026 to unlock the 5% cashback offer.
Maintain your average balance ⏳
Keep your average invested value at £100 or more during the holding period (1 August – 31 October 2026).
Receive your cashback 🎉
By 30 November 2026, IG will credit your cashback directly to your account based on your average invested value.
Capital at risk.
If that’s put you off, check out more free-share deals. Otherwise, let’s go through those “need-to-knows” one-by-one.
You must live in the UK, be over 18, and you cannot previously have traded in a GIA, ISA or SIPP with IG. Yes, that is rather a lot of abbreviations.
You need to invest at least £100 by midnight on 31 July 2026 to start qualifying for this cashback deal. You can make an investment into your new GIA, stocks and shares ISA, or self-invested personal pension (SIPP).
Don’t forget to enter the promo code JULYCASH200 during sign-up to hook up the offer.
This is where you need to sit tight. The “holding period” runs from 1 August 2026 until 31 October 2026. During this window, you must maintain an Average Invested Value of at least £100.
Your final cashback payout is calculated as 5% of this average value over the three months, so keeping your funds fully deployed helps maximise your bonus.
Because this offer pays a flat 5% on your Average Invested Value, the more you comfortably invest, the bigger the reward.
To max out the campaign and secure the full £200 limit, you’ll need to maintain an average invested balance of £4,000.
| Average Invested Value | Cashback Award (5%) |
|---|---|
| £100 | £5 |
| £500 | £25 |
| £1,000 | £50 |
| £2,000 | £100 |
| £4,000+ | £200 |
Your cashback will be processed and credited directly to your account by 30 November 2026 once the holding period wraps up. Just remember that promotional cashback is typically paid straight into a standard general investment account (GIA) rather than sitting inside a tax-sheltered wrapper like an ISA or SIPP.
The investment you’re required to make plus any other investments you decide to make can go up or down in value. That’s the nature of share trading.
IG is a comprehensive all-in-one investing platform, which has been around since 1974 and has over 300,000 clients to date. IG caters to beginners with its “IG Invest” app and more experienced investors with its flagship trading platform, offering a wide range of investments and ready-made portfolios.
IG is also now commission-free and gives you access to plenty of trading tools and access to various accounts.
You can check out our full review of IG if you want to learn more.
IG’s up to £200 cashback offer is highly competitive because a flat 5% return on your investment value over three months beats most standard sign-up metrics.
It’s an excellent incentive if you want to check out a popular commission-free platform. Just make sure you leave your funds in place until November so that your average invested value triggers the maximum payout possible.
If you don’t like this deal or if you miss out because you weren’t quick enough to take it up (don’t say we didn’t warn you), you can check out all of IG’s other offers here, or have a look at some alternative deals below:
Get a £50 free share
Get free shares up to £100
Earn 4.51% AER variable tax-free with Finder's link
Free stock worth £10-£100 (deposit £50)
Sign-up welcome bonus of £20-£200 (deposit £100)
Get up to 3% cashback
Earn 3.8% on uninvested cash
Refer a friend and get up to £100 each
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