Following on from its recent cashback transfer offer, popular trading app IG is instead now offering up to £500 in cold, hard cash to new customers who make an investment.
Open a new IG account. 👤
You'll need to use code JUNECASH500 and you can't have previously held a share dealing account with IG.
Invest at least £500. 💸
You need to invest at least £500 by 30 June 2026.
Keep your average investment until 31 October 2026 ⏳
Maintain an average investment of at least £500 until 31 October 2026.
Receive your cashback 🎉
By 30 November 2026, IG will award you cashback based on the average invested value during the holding period. (up to a £500 maximum).
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 £500 by midnight on 30 June to start qualifying for this cashback deal. You can make an investment into your new GIA, stocks and shares ISA, or self-invested personal penion (SIPP). You can open an IG account within just a few minutes. Sometimes IG does extend its offers, but you can’t bank on that.
This means you’ll need to actually buy some stocks or ETFs before the end of June, and hold them for a few months.
The good news is that share dealing on IG is commission-free. Expect to pay stamp duty of 0.5% if you opt for a UK stock, or a 0.7% FX fee if it’s not a UK stock.
You’ll need to maintain your average investment balance (i.e. not sell your shares) until at least 31 October 2026. During that time, its value could go up or down.
The size of the cashback reward depends on how much you invet before 30 June. To get the full £5000 you’d need to invest a sizeable £50,000 or more.
| Transfer amount | Cashback Award |
|---|---|
| £500 – £4,999 | £50 |
| £5,000 – £24,999 | £150 |
| £25,000 – £49,999 | £300 |
| £50,000+ | £500 |
Your cashback will be credited to your general investment account (GIA) (not an ISA or SIPP, if that’s what you opened) by the end of November 2026.
The £500 (minimum) 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 £500 cashback offer is great if you’re new to the platform and you plan on making a decent-sized investment. It’s a good way to dive into IG’s extensive 0% commission investing platform. Getting up to £500 worth of free cash is a strong incentive. Just make sure you understand and are happy with the need-to-knows outlined above… especially the actual cashback amount you’ll receive (which depends on the transfer amount).
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 free shares up to £100
Get a free SoFi share
Free stock worth £10-£100 (deposit £50)
Earn 4.76% AER variable tax-free with Finder's link
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
See if you can make your money go further with free-share, sign-up or refer-a-friend offers from IG. Here’s what’s live right now.
Find out all the details you need to know about XTB’s new offer, where you can get a free share of your choosing. This is a deal that’s going to fly off the shelves, so you need to act fast.
Find out about IG’s new £300 free stocks offer, including how to get it, whether you’re eligible, and if it might make sense for you.
Find out how you can copy the trades of investors with more market experience, including how it works and where you can do it.
See if you can make your money go further with free-share, cashback or refer-a-friend offers from Trading 212. Here’s what’s live right now.
Some trading apps and platforms now offer competitive interest rates on uninvested cash.
We’ve reviewed the best online trading apps in the UK and explained what they’re each best at, with pros and cons for each for different types of investors.
A junior stocks and shares ISA account (JISA) is a tax-efficient way to save for your child’s future, here are the best options and how to compare.
We’ve reviewed the best stocks and shares ISA accounts in the UK, explaining who they might suit and what the benefits and drawbacks are.