IG UK Offer: Earn Up to £250 Cashback on Your Investments (April 2026)
IG is offering up to £250 cashback for new clients who invest during April 2026. Unlike a flat percentage, this promotion uses a tiered structure where larger investments unlock higher cashback amounts. Use promo code CASHBACK250 when opening your account.
| £500 - £2,999 | → | £50 cashback |
| £3,000 - £9,999 | → | £150 cashback |
| £10,000+ | → | £250 cashback |
Our Verdict
The tiered structure rewards larger investments, but even the lowest tier offers strong value. Investing £500 for £50 cashback is effectively a 10%% return before any market gains, which is hard to beat with any other promotion currently available.
For those able to invest £10,000 or more, the £250 cashback is a solid bonus on top of whatever returns your portfolio generates. The holding period runs until 31 October 2026, which is roughly six months. That is a reasonable timeframe for anyone planning to invest for the long term anyway.
One thing to note is that the cashback is credited into a General Investment Account (GIA), not your ISA or SIPP. This means it may be subject to tax depending on your circumstances, though the amounts involved are small enough that most people will not be affected.
How It Works
IG's cashback offer is based on how much you invest during April 2026. Here is how the tiers break down:
- Tier 1: Invest between £500 and £2,999 to receive £50 cashback
- Tier 2: Invest between £3,000 and £9,999 to receive £150 cashback
- Tier 3: Invest £10,000 or more to receive £250 cashback
Your total investment is calculated based on net deposits during the promotional period. You need to maintain at least £500 in your account until 31 October 2026 to qualify. The cashback will be credited to your GIA in November 2026.
Important Requirements
- You must be a new IG share dealing client to qualify. Existing clients are not eligible.
- Enter promo code CASHBACK250 when you open your account.
- Your account must be opened between 1 and 30 April 2026.
- You need to invest at least £500 in shares or ETFs during the promotional period.
- Maintain a minimum of £500 invested until 31 October 2026.
- Cashback is credited into your GIA (General Investment Account) in November 2026.
- The promotion applies to GIA, ISA and SIPP accounts.
- Net deposits during the promotional period determine your cashback tier.
IG Platform Features
IG is one of the most established investment platforms in the UK, with over 45 years of experience. The platform offers access to thousands of UK and international shares, ETFs, investment trusts and funds. You can trade through a GIA, Stocks and Shares ISA or Self-Invested Personal Pension (SIPP).
IG's platform includes advanced charting tools, real-time market data and a well-designed mobile app. Commission on UK shares starts at £8 per trade, though frequent traders can access reduced rates. The platform also provides research tools, analyst ratings and market news to help inform your investment decisions.
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Frequently Asked Questions
What is the promo code for IG's cashback offer?
The promo code is CASHBACK250. You need to enter this code when opening your new IG share dealing account between 1 and 30 April 2026.
What is the minimum investment to qualify for cashback?
You need to invest at least £500 in shares or ETFs during the promotional period. This is the minimum required to receive the lowest cashback tier of £50.
How do the cashback tiers work?
There are three tiers based on your net investment during April 2026. Invest £500 to £2,999 for £50 cashback, £3,000 to £9,999 for £150 cashback, or £10,000 or more for the maximum £250 cashback.
Can I combine this with other IG promotions?
IG promotions typically cannot be combined. Check the full terms and conditions on IG's website for the most up-to-date information on offer stacking.
When will my cashback be credited?
Cashback will be credited to your General Investment Account (GIA) in November 2026, after the holding period ends on 31 October 2026.
What happens if I withdraw my investment before 31 October 2026?
You must maintain at least £500 invested in your account until 31 October 2026. If your portfolio value drops below this threshold due to withdrawals, you may lose your eligibility for the cashback. Normal market fluctuations should not affect your eligibility as long as you do not withdraw funds.
