iFAST Global Bank referral: £5 for a qualifying first deposit, extended with no end date
Open an iFAST account through this referral link, put in at least £500 within 30 days of approval and the £5 arrives the next day, with no need to keep the money there. It's a small extra: at 2.65% AER, £500 left for 30 days earns about £1.08 of interest on top, so the bonus matters most if you'd use iFAST as a second account anyway.
Read our full assessment →Quick answer
Use the referral link for the iFAST Global Bank offer. New eligible customers can get £5 after meeting the requirement: First deposit of at least £500 (or the equivalent) within 30 days of approval, per the latest published (Q3 2026) terms; the 30 September extension calls it a minimum first deposit and published no new terms. Last verified 2026-10-12.
- Reward
- £5
- Referral code
- No code required
- Last verified
- 2026-10-12
- Difficulty
- Easy
- Time to claim
- 10-15 minutes
- Time to payout
- The day after the qualifying £500 deposit; no holding period
More from iFAST Global Bank
- iFAST Global Bank £5 Tell-a-Friend Referral · ended by 30 June 2026
Ad / referral links — we may earn a bonus when you sign up.
How to claim
- Apply for an iFAST Global Bank account through the referral link above.
- Pass iFAST's identity checks and wait for approval.
- Within 30 days of approval, make a first deposit of at least £500, or the equivalent in another supported currency. To be safe, put it in as one deposit.
- iFAST pays the £5 the day after the deposit. The extension says the deposit doesn't need to be held for any set period, but wait until the £5 lands before moving money out.
Eligibility & requirements
- New iFAST Global Bank customers only, applying through this referral link; existing customers, self-referrals and duplicate accounts don't qualify.
- A first deposit of at least £500 or the equivalent. The latest published terms (Q3 2026) ask for it within 30 days of approval; the extension published no new terms.
- iFAST extended the offer on 30 September 2026 and gives no end date.
- If the account closes before the reward is paid, the reward is lost.
- iFAST can replace the £5 with another reward, or change or end the programme, without notice, and can withhold the reward or freeze the account over suspected improper or fraudulent activity.
Verification notes
- Minimum spend/deposit
- First deposit of at least £500 (or the equivalent) within 30 days of approval, per the latest published (Q3 2026) terms; the 30 September extension calls it a minimum first deposit and published no new terms
- Last verified
- 12 October 2026
Provider terms can change without warning. Treat this as a verification snapshot and confirm the live terms before applying.
Pros
- £5 the day after a £500 first deposit, with no holding period.
- Pounds earn 2.65% AER (variable) with instant access, so £500 left for 30 days adds about £1.08 of interest.
- No full switch needed: it works as a second, multi-currency account.
Watch out for
- The reward is small: a year's interest on £500 (about £13.25) is worth more than the £5.
- No phone line, and some customers report accounts placed under review with money stuck for weeks.
- No end date is published, and iFAST can end the offer without notice.
FAQ
- Is the £5 referral offer still running?
- iFAST extended Give Me £5 on 30 September 2026, and the extension gives no end date. Check the referral page when you apply, as iFAST can change or end it without notice.
- How much do I need to deposit?
- A first deposit of at least £500, or the equivalent in another supported currency. The latest published terms ask for it within 30 days of your account being approved, so put the full £500 in as one deposit inside that window.
- Do I have to keep the £500 in the account?
- No. The extension says the qualifying deposit doesn't need to be held for any set period. The £5 is paid the day after the deposit, so wait until it lands before moving the money.
- Who can't get the £5?
- Existing iFAST customers, anyone referring themselves or opening a duplicate account, and anyone iFAST suspects of improper activity. The reward is lost if the account closes before it's paid.
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Added 1 October 2026 · Last updated 12 October 2026. Offers and terms change frequently - always confirm on the provider's site before applying.