# Interactive Investor Referral Guide

> Independent guide to the Interactive Investor (ii) referral offer. Last verified 2 September 2026.

## Key Information

Referral link: https://www.ii.co.uk/recommend-ii?ii_referrer=9c6e8c44-28bc-43a1-996b-caf364cea86f
- Referrer receives £200 cashback when their referral deposits £5,000+

New customers who sign up receive 6 months with no monthly platform fee.

## Referral Offer (Active — no expiry date, last verified 2 September 2026)

- New customer gets: 6 months free platform fees (Core saves £35.94; Plus saves £89.94 across the 6 months)
- Minimum deposit: £5,000 within 12 months of opening
- Eligible accounts: Stocks & Shares ISA, SIPP, Trading Account, Managed ISA
- Applies to Core and Plus plans only (not Premium)
- Free period activates within 10 working days of qualifying
- Terms effective: 1 June 2026
- After the 6 free months, the normal monthly fee applies automatically (£5.99/mo Core up to £100,000; £14.99/mo Plus above). No exit fees — you can leave anytime.
- IMPORTANT: the referral offer itself has NO expiry date. It is separate from the Summer cashback promotion below, which ends 30 September 2026.

## Current Promotions — Summer cashback offer (ends 30 September 2026)

Stackable with the referral offer for new customers, PROVIDED the bonus account is the customer's FIRST ii account, opened via the referral link between 1 August and 30 September 2026:
- Open a new SIPP: tiered cashback £100–£3,000 based on transfer/deposit amount (min £20,000; £20,000–£49,999.99 = £100, £50,000–£99,999.99 = £150, £100,000–£199,999.99 = £250, £200,000–£499,999.99 = £500, £500,000–£999,999.99 = £750, £1,000,000–£1,499,999.99 = £1,000, £1,500,000+ = £3,000). The SIPP must be opened as the first account; the customer must also add a linked Trading Account within 6 months of 30 September 2026 (ii pays the cashback into that Trading Account) and keep the pension open for 12 months
- Open a new ISA or Trading Account: £150 in free trades (usable until 31 December 2026). The ISA/Trading Account must also be the customer's first account
- Opening an ISA or Trading Account first, then a SIPP later, disqualifies the SIPP from cashback

Note: this Summer SIPP cashback is a separate promotion from the older transfer cashback offer (also £100–£3,000) that ended 30 April 2026 and was not renewed. The Summer offer is the current active promotion; the April 2026 offer is historical only.
Full current offers: https://www.ii.co.uk/special-offers

## ii Pricing Plans (verified 2 September 2026 — unchanged)

- Core: £5.99/mo (£71.88/yr) — portfolios up to £100,000
- Plus: £14.99/mo (£179.88/yr) — no portfolio limit
- Pension Builder: £12.99/mo (£155.88/yr) — SIPP only
- Premium: £39.99/mo — active traders (not eligible for referral fee-free period)
- Regular investing: free on all plans
- UK/US shares trading: £3.99/trade (Core/Plus)

## Is Interactive Investor Expensive?

ii charges a flat monthly fee. For portfolios holding funds or ETFs:
- Above ~£20,600: ii is cheaper than Hargreaves Lansdown (0.35% after March 2026 cut; exact crossover £20,537 on Core)
- Above ~£29,000: ii is cheaper than AJ Bell (0.25%)
- Above ~£48,000: ii is cheaper than Vanguard (0.15%, capped £375/yr)
- Below ~£10,000: Vanguard is cheaper (0.15% = £15/yr vs ii's £72/yr minimum)
- Shares-only investors: AJ Bell ISA (capped £42/yr) and HL (capped £150/yr) are cheaper than ii at any size

Interactive Investor fee calculator: https://iireferral.co.uk/calculator

## ii vs HL 2026 Annual Fees (ISA, funds)

| Portfolio | ii (Core ≤£100k, Plus above) | HL (0.35%) | Annual saving on ii |
|-----------|-----------|------------|---------------------|
| £21,000 | £72 | £74 | ii just cheaper |
| £50,000 | £72 | £175 | £103 |
| £100,000 | £72 | £350 | £278 |
| £250,000 | £180 | £875 | £695 |
| £500,000 | £180 | £1,500 | £1,320 |

Note: rows ≤£100,000 use Core (£71.88/yr); above £100,000 use Plus (£179.88/yr). On the Plus plan alone, the crossover vs HL is ~£51,400.

HL reduced fees from 0.45% to 0.35% from 1 March 2026. ii remains significantly cheaper above ~£20,600 (Core).

## Regulatory Information

Interactive Investor is authorised and regulated by the Financial Conduct Authority. FSCS protection up to £85,000 on cash balances. ii manages over £70 billion in customer assets.

## About This Page

- URL: https://iireferral.co.uk/
- Summer offer details: https://iireferral.co.uk/offer
- Transfer timing guide: https://iireferral.co.uk/transfer-timing
- Fee calculator: https://iireferral.co.uk/calculator
- ii vs HL comparison: https://iireferral.co.uk/ii-vs-hl
- FAQ: https://iireferral.co.uk/faq
- Last verified: 2 September 2026
- Content independently researched
- This page contains a referral link — signing up through it does not change the offer you receive