InvestEngine referral bonus (UK): how to claim it

Last updated: 21 June 2026

Not financial advice. This page is for information only and does not constitute financial advice or a personal recommendation. It also contains affiliate or referral links. If you click through and sign up I may earn a commission or referral bonus at no extra cost to you. It does not affect my editorial view.

Looking for a clear explanation of the InvestEngine referral bonus before you sign up? In short, InvestEngine runs a refer-a-friend scheme where both sides receive a cash boost into their portfolio. However, the amount is random, the qualifying rules matter, and your capital is genuinely at risk. So here is exactly how it works, who it suits, and what to check first.

How the InvestEngine referral bonus works

Firstly, the scheme rewards a new customer (the Referee) and the existing customer who shared the link (the Referrer). Since 1 May 2026, both sides can qualify once they meet the conditions below. Here are the steps in order:

1. Open your InvestEngine account using the referral link on this page.
2. Complete registration and identity checks as a brand-new customer.
3. Invest at least £100 into your portfolio (ISA, GIA or SIPP).
4. Wait for the invitation to claim, then your Referral Funding is revealed and added to your portfolio.
5. Stay invested for 12 months to keep the bonus.

Furthermore, the Referrer must also hold at least £100 funded in their account for the referral to count. InvestEngine says it aims to pay within two business days, although it can take five or more during busy periods.

Capital at risk. The value of investments can go down as well as up and you may get back less than you invested. Past performance is not a reliable indicator of future results.

How much is the InvestEngine referral bonus?

Importantly, the InvestEngine referral bonus is not a fixed figure. Instead, the amount is randomly generated at the point of claim, using a weighted pool. As a result, most people receive a modest amount rather than the headline maximum. Here is the published weighting for personal accounts:

• £20 to £24: 75% of awards
• £28 to £34: 15% of awards
• £42 to £56: 5% of awards
• £75 to £100: 3% of awards
• £150 to £200: 2% of awards

Therefore, the realistic expectation is roughly £20 to £24, not £200. Meanwhile, Business Accounts use a separate, higher pool that tops out at £400, but those require a valid LEI to invest. Because the figures are randomised, your actual award may differ from the weightings above.

What you need to qualify

To begin with, the Referee must be a genuinely new customer who has never registered with or used InvestEngine before. Additionally, self-referrals are not accepted, and only referrals the InvestEngine system recognises will count. After you receive the funding, both sides must remain invested for 12 months, keeping a minimum net investment of £100 plus the value of the Referral Funding. Otherwise, InvestEngine can reclaim an amount equal to the bonus. Consequently, this offer suits people who plan to invest for the long term anyway, rather than anyone hoping to withdraw quickly.

InvestEngine fees and what you actually get

Beyond the bonus, the platform itself is worth understanding. InvestEngine focuses purely on exchange-traded funds (ETFs), so you will not find individual shares here. Nevertheless, the pricing is among the leanest in the UK. Specifically, DIY portfolios carry no platform fee at all, and you simply pay the underlying ETF charges, which start from around 0.03% a year. Moreover, both the Stocks and Shares ISA and the SIPP have no platform fee, and InvestEngine removed its 0.15% pension fee back in December 2024.

If you would rather not pick funds yourself, the Managed portfolio option costs 0.25% a year plus the average ETF charge of around 0.12%. Tax treatment depends on the individual circumstances of each client and may be subject to change in future. For a wider view of where this fits, our guide to how to start investing in the UK walks through the basics, while the best investment ISA 2026 roundup compares the leading providers.

Capital at risk. The value of investments can go down as well as up and you may get back less than you invested. Past performance is not a reliable indicator of future results.

Open an InvestEngine account

Is InvestEngine safe and regulated?

Reassuringly, InvestEngine is a trading name of InvestEngine (UK) Limited, which is authorised and regulated by the Financial Conduct Authority (FRN 801128). Client money is held in segregated accounts, and eligible investments are protected up to £85,000 per person per FCA-authorised firm by the FSCS. However, FSCS protection covers firm failure, not investment losses, so your capital remains at risk whatever happens. For transparency, CoolCuration is not authorised by the FCA and does not provide personalised investment advice.

Before you sign up

• New customers only: the Referee must never have used InvestEngine before.
• £100 each side: both the Referrer and Referee need at least £100 funded and invested.
• Random amount: expect roughly £20 to £24, not the maximum.
• 12-month hold: withdraw early and InvestEngine can claw the bonus back.
• ETFs only: this platform does not offer individual company shares.
• Offers change: InvestEngine can amend or withdraw the scheme on reasonable notice.

FAQ

Is the InvestEngine referral bonus worth it?

For long-term ETF investors, it is a small extra on top of a genuinely low-cost platform. That said, the average award is around £20 to £24, so it is best viewed as a bonus rather than the main reason to join.

How much can I actually get?

Personal accounts can receive up to £200, but only 2% of awards reach the £150 to £200 band. Most land at £20 to £24. Business Accounts can receive up to £400, subject to holding a valid LEI.

Do I have to keep my money invested?

Yes. Both sides must stay invested for 12 months from the date the funding is received, holding at least £100 plus the bonus value. Otherwise InvestEngine can reclaim the amount.

When will the bonus arrive?

InvestEngine aims to credit Referral Funding within two business days of you qualifying. During busy periods, however, it can take five or more business days.

How does InvestEngine compare to other platforms?

InvestEngine is ETF-only with no platform fee on DIY portfolios. If you want fractional shares or a free-share welcome offer instead, platforms like Freetrade and Trading 212 work differently, so compare the fees and features before deciding.

Official terms and trusted checks

• InvestEngine referral programme terms - the full conditions, weightings and 12-month hold.
• InvestEngine risk disclosure - the risks of investing, in InvestEngine's own words.
• FCA Register entry for InvestEngine (UK) Limited - confirm the FRN and regulated status yourself.

Disclaimer

This content is for informational purposes only and does not constitute financial advice or a personal recommendation. Rates, fees and promotions are variable and can change or be withdrawn at any time, so always check InvestEngine's latest terms before signing up, and consider speaking to a qualified financial adviser.

Capital at risk. The value of investments can go down as well as up and you may get back less than you invested. Past performance is not a reliable indicator of future results.

This page contains affiliate or referral links. If you click through and sign up I may earn a commission or referral bonus at no extra cost to you. It does not affect my editorial view. CoolCuration is not authorised by the Financial Conduct Authority (FCA) and does not provide personalised investment advice. Any mention of bonuses or promotional offers is subject to the terms and conditions set by InvestEngine.

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