Earn up to £1,000* when you transfer

Earn up to £1,000 when you transfer a minimum of £25,000 into any of our CMC Invest accounts. Just use our in-app transfer form to start a transfer request in as little as 30 seconds and track the progress every step of the way. *T&Cs apply.

When you invest, your capital is at risk.

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Transfer bonus explained

You can earn £350 - £1,000* when you initiate a transfer between £25,000 - £100,000+ in cash and/or investments into any of our CMC Invest accounts (Flexible Stocks & Shares ISA and GIA) on or before 5 May 2024. See our *T&Cs for more information.

Total assets transferred

Transfer Bonus

£25,000 - £49,999

£350

£50,000 - £74,999

£600

£75,000 - £99,999

£700

£100,000+

£1,000

Benefits of transferring to us

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Flat-rate fees

With our flat-rate platform fees, you’ll know exactly how much you’re paying each month. See our price plans for more information.

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£0 commission

Have more cash to put towards your investments by saving money on commission on every trade. Other charges apply.

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Variety of investments

Invest in 3,000+ US shares, Large-cap UK shares, 400+ ETFs, Investment Trusts and REITs. With Plus, you’ll get Mid and Small-cap UK shares, AIM shares and 1,000+ Mutual Funds. See our platform fee structure for more information.

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Earn 2% interest

You will earn 2% gross interest (2.02% AER) on your uninvested, settled cash within any of our CMC Invest accounts. Read more about our 2% cash interest here.

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FX fees

For every international share you buy or sell, we’ll always offer an FX fee of 0.50%. When you switch to Plus, you’ll get a USD and EUR wallet, so you can convert GBP to USD or EUR once and hold it for future investments.

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In-app transfers

Combine and manage old pensions, old and current ISAs, and General Investment Accounts with our easy-to-use in-app transfer process. You can start a transfer request in as little as 30 seconds to do a full or partial transfer and be kept up to date with our transfer tracker.

How to transfer

You can transfer your old and existing ISAs and GIAs by following our three steps.

  1. Complete our in-app transfer form, where we’ll ask for details about the provider you want to transfer from and what you would like to transfer to us. Upgrade to our Plus plan to transfer into our Flexible Stocks & Shares ISA.

  2. Now we’ll handle it from here. Through our app, you can track the progress of your transfers and we’ll notify you when you’ve hit a big milestone in your transfer journey.

  3. Hooray! You’ll get a notification when your transfers are completed, and you’ll be able to see your transferred assets in the app.

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*Read our terms and conditions for more information about our transfer bonus promotion.

Frequently asked questions

What is the Transfer Bonus?

You can earn between £350 - £1,000 when you transfer between £25,000 - £100,000+ into any of our CMC Invest accounts. You must initiate all transfers before 5 May 2024 to be eligible and your payable bonus will be calculated based on the settled assets you’ve transferred.

When does the Transfer Bonus finish?

You have until the 5 May 2024 to initiate your transfers to any of our CMC Invest accounts. This Transfer Bonus also open to existing customers who initiate new transfers before the cut-off date.

When do I get my Transfer Bonus payment?

After the cut-off date, 5 May 2024, there will be a 90-calendar day settlement window for all your transfers to be completed, to which we’ll calculate your Transfer Bonus amount. Once calculated, your Transfer Bonus will then be credited to your General Investment Account on or before 11 September 2024.

Is it free to transfer an account?

We don’t charge you to transfer an account with another provider to us. You should always check with your current provider if they charge an exit fee though, as some providers do. We’ll never charge you an exit fee either, so there’s no charge to transfer into CMC Invest or out from us to another provider. Under certain circumstances, we may cover your exit fees when you transfer to us.

What information do I need to start a transfer?

We’ll just need a few basic details from you, including your current provider’s details and your account number (sometimes called your account reference or client ID) with them. You’ll also need to choose the type of account you want to transfer to us.

You can only transfer a general investment account with another provider into your CMC Invest general investment account. You can transfer a cash, stocks & shares or innovative finance ISA into your CMC Invest Stocks & Shares ISA.

You’ll also need to choose whether you want to do a full or partial transfer – partial transfers take a little longer as you’ll need to tell us which assets and cash amounts you want to transfer in. This method is for transfers from UK brokers. If you want to transfer from a different source, we can arrange this and communicate the requirements via secure message in our app.

Does transferring an account affect my ISA allowance?

No, transferring an existing ISA from another provider to us doesn’t count as a new contribution towards your ISA allowance. When you transfer, we’ll get what’s known as an ‘ISA history form’ from your current provider. This tells us how much of your ISA allowance you’ve used for the current tax year so we can apply it to your account with us. Once your transfer is complete, you’ll see the allowance on your CMC Invest ISA account update to the allowance used at your previous provider.

How long does it take to transfer an ISA or GIA to CMC Invest?

Transferring an existing ISA or general investment account (GIA) from another provider to your CMC Invest account usually takes around 30 days to complete. This can vary though, depending on how quickly your current provider responds to our request.

The quickest way to transfer is to follow the steps in our app – just enter the details of the account you want to transfer and submit your transfer request. We’ll then get in touch with your current provider to arrange the transfer. You’ll be able to track the progress of your transfers in the app, with our handy transfers dashboard. This method is primarily for UK broker-to-broker transfers, if you want to transfer from a different source, our app will guide you through the relevant steps for the most requested scenarios. However, you’re free to contact us via secure message in our app or phone us. You should check with your current provider if they will prevent you from selling while they process your transfer request, as this may not be in your best interests. All transfers into CMC Invest can be tracked on our app so you’ll receive relevant updates on your request.

Can I transfer a cash or innovative finance ISA to a stocks & shares ISA?

Yes, you can. You can transfer three types of ISA (cash, stocks & shares, and innovative finance) to your CMC Invest stocks & shares ISA. You’ll just need to open your CMC Invest stocks & shares ISA first before you start the transfer process.

What happens if CMC Invest doesn’t offer one of my assets?

We’re growing our investment universe, so might not currently have access to all the markets you're invested in. If you want to transfer over an investment that we don't yet offer, we’ll try to add that investment to our app when possible. You can also choose to either leave your asset at your current provider or sell it and transfer the proceeds across to us as cash, which you can then reinvest.

If you want to transfer a mutual fund that’s exclusive to your current provider, we’ll ask you if you’d like to convert that asset to a common fund class that we are able to hold. As with shares, you also have the option to leave that asset at your current provider or sell it and transfer the proceeds across as cash.