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How to make £225 in cash by opening an ISA

Joanna Faith
Written By:
Joanna Faith
Posted:
Updated:
26/09/2018

Savvy savers can make up to £225 by opening an ISA through TopCashback.   

The cashback site has a host of deals on offer for people opening new stocks and shares ISAs including £225 when you open one with Shepherds Friendly.

You’ll need to commit to a monthly contribution of £900 to qualify but you can get £90 cashback with a monthly direct debit of £30.

If you have less money to save, you can set up a new Scottish Friendly ISA, invest £125 for more than 30 days and get £125 cashback.

Some big-name providers are offering fixed cashback amounts on one-off investments.

If you open a new ISA with Nutmeg or Fidelity, you can earn £100 and £105 respectively, as long as you invest at least £5,000.

If you’re looking to open a new junior ISA, you can earn up to £155 cashback with Scottish Friendly.

Or if a Lifetime ISA is your thing, you can get £42 when opening a OneFamily LISA.

What you need to know:

    •  To qualify for cashback, you have to be a new ISA customer (you can’t have an ISA with the provider you choose already).
    •  You don’t need to be a new TopCashback customer.
    •  The cash will be credited to your TopCashback account, usually within 90-120 days. It will not form part of your ISA contribution.
    • The cashback deals apply to stocks and shares ISAs only.

All ISA deals: