Chance to earn up to £1,000 cashback with a Moneyfarm stocks and shares ISA

This limited time offer from Moneyfarm could give ISA investors a cash boost this ISA season.

The digital wealth manager, Moneyfarm, is giving consumers the opportunity to earn between £50 and £1,000 cashback by investing in a stocks and shares ISA or a stocks and shares Junior ISA. The offer is also available on its non-ISA General Investment Account.

New customers, as well as those with an existing Moneyfarm account, are eligible for this cashback offer, as long as they register their interest by 15 April 2026.

Customers then have until 30 April 2026 to invest the required sum or request a transfer of funds to an eligible account. All transfers must be completed by 31 May 2026. Those transferring from a Moneyfarm Cash ISA may also be eligible for this cashback offer.

“Savers looking to invest or transfer their ISA may be pleased to see the new offer from Moneyfarm, as they can get up to £1,000 in cashback until the end of April 2026,” Rachel Springall, Finance Expert at Moneyfactscompare.co.uk, commented.

How much cashback can you earn?

Consumers will need to invest at least £5,000 during the offer period to receive the smallest amount of cashback (£50), with those investing their full annual ISA allowance of £20,000 able to receive £200.

For the maximum £1,000 cash boost, consumers need to invest at least £100,000 in an eligible account. The table below shows the different tiers of cashback available.

Moneyfarm will pay the cashback reward by 15 July 2026, which customers can choose to keep invested or withdraw. However, it’s important to note that the sum deposited to receive the cashback needs to remain invested for at least 24 months after the offer period, so until 30 April 2028. Otherwise, the cashback amount will be withdrawn or reclaimed.

See the provider’s site for more information on this offer. And, before opening an account, check the terms and conditions and the fees charged to ensure it’s a suitable option for you.

The risks versus the rewards of investing

While the above cashback offer is appealing, think carefully before opening one of these accounts.

Investing in a stocks and shares ISA has a number of benefits, as it can allow your money to grow over the long term and, under current rules, you won’t need to pay income tax on the money you make.

However, as with any form of investment, its performance can fluctuate which means there’s a risk that your investment could fall in value. This is why investing is designed to be a long-term strategy to grow your money, so it has the chance to recover from any potential volatility and dips.

“Over the longer term, stocks and shares ISAs can outpace cash returns and beat inflation, but there is never a guarantee that funds will perform well. Those now considering a stocks and shares ISA would be wise to keep in mind that past performance is never guaranteed to be reflected in future returns,” Springall explained.

As a result, consumers should only open one of these accounts if they understand the risks and are prepared to invest their money for the long term, typically five years or more.

“Seeking advice before entering any arrangement is wise, as an adviser can provide guidance to assess someone’s attitude to risk, which makes it easier to pick an appropriate investment portfolio,” Springall noted.

Want to learn more about stocks and shares ISAs?

Our stocks and shares ISA page has more information about these tax-free investment accounts, including how they work, their features and the fees to look out for. You can also see a list of providers that offer stocks and shares ISAs if you want to learn more about individual accounts.

Could a cash ISA be more suitable?

If a stocks and shares ISA isn’t for you, a cash ISA may be worth considering. While stocks and shares ISAs have the potential to offer higher returns in the long term, cash ISAs provide you with a more certain return and your money isn’t at risk.

Cash ISA deposits are protected under the Financial Services Compensation Scheme (FSCS) so, even if a provider goes bust, you will be covered for any losses (up to £120,000 per banking licence).

“The right choice of ISA, whether that be a cash ISA or even a stocks and shares ISA will depend on someone’s circumstances, such as their attitude to risk and how much flexibility they need with their pot,” Springall noted.