J.P. Morgan Personal Investing: 6 months of management fees on the house
Nutmeg under its J.P. Morgan name now does referrals. Request a private invite from this page, open your account with the same email, and invest at least £500 of new money within 30 days of your first investment (yes, £500 even for a Lifetime or Junior ISA, and transfers in don't count). You then pay no management fee for 6 months, a fee that's normally 0.75% a year on the first £100,000, or 0.45% in Fixed Allocation. Just to be straight: it's a fee holiday, not cash in hand. Fund costs and the spread still apply, the 0% can take up to 45 days to kick in, and on £5,000 the whole thing is worth about £18.75. You get a managed ETF portfolio in the style and risk level you choose, not your own pick of shares or funds, so only fund it if that suits you beyond the free period. Investing involves risk; not investment advice.
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Request a private invite through the offer box on this page. for the J.P. Morgan Personal Investing offer. New eligible customers can get 6 months fee-free after meeting the requirement: £500 of new money within 30 days of your first investment, even in a Lifetime or Junior ISA. Last verified 2026-10-12.
- Reward
- 6 months fee-free
- Referral code
- No code required
- Last verified
- 2026-10-12
- Difficulty
- Medium
- Time to claim
- 15-20 minutes
- Time to payout
- 0% management fee applied within 45 days of your first investment, then lasts 6 months
Request a manual invite
Leave the email address you want the invite sent to. The GetQuids editor will receive the request and manually send the provider invitation.
Ad / referral links — we may earn a bonus when you sign up.
How to claim
- Request a private invite through the offer box on this page.
- Register through the link in the invite as a new client.
- Open your account with the same email address you registered the invite with, and choose a Stocks & Shares ISA, Lifetime ISA, Junior ISA, pension or general investment account, plus an investment style and risk level.
- Invest at least £500 of new money within 30 days of your first investment, even if your first product is a Lifetime or Junior ISA.
- Wait for J.P. Morgan's email confirming the 0% rate, which can take up to 45 days from your first investment; the normal management fee applies until then.
- The 0% rate lasts 6 months; products you open during that time get it only until the same end date.
- Check the normal fees before the 6 months end: 0.75% a year on the first £100,000 then 0.35% (Fixed Allocation 0.45% then 0.25%), plus fund costs and spread.
Eligibility & requirements
- New clients only: you must never have invested with, or applied to join, J.P. Morgan Personal Investing or Nutmeg.
- Register through the private invite and open the account with the same email address.
- 18 or over, normally living in the UK, and not a US person.
- At least £500 of new money within 30 days of your first investment, even in a Lifetime or Junior ISA (normal minimum £100). Money transferred in from another provider doesn't count, and 100%-cash pots don't qualify.
- A Junior ISA qualifies only if you open it in the same month as your first investment.
- The waiver covers the management fee only: fund costs of 0.14% to 0.39% a year (by style) and a market spread of about 0.04% still apply.
- It can't be combined with any other J.P. Morgan Personal Investing offer, and J.P. Morgan can change, suspend or end it at any time.
Verification notes
- Minimum spend/deposit
- £500 of new money within 30 days of your first investment, even in a Lifetime or Junior ISA
- Last verified
- 12 October 2026
- Automated source check
- 15 September 2026
- FCA register number
- 552016
Provider terms can change without warning. Treat this as a verification snapshot and confirm the live terms before applying.
Pros
- 6 months with no management fee, normally 0.75% a year on the first £100,000 (0.45% for Fixed Allocation).
- Stocks & Shares ISA, Lifetime ISA, Junior ISA, personal pension and general investment account in one app.
- Ready-made ETF portfolios run for you, in a choice of investment styles and risk levels.
- FSCS cover up to £85,000 if the firm fails, with investments held by a custodian (State Street).
Watch out for
- The normal management fee returns after 6 months: 0.75% a year on the first £100,000 and 0.35% above (Fixed Allocation 0.45%, then 0.25%).
- Minimums: £500 for the ISA, pension and general account and £100 for a Lifetime or Junior ISA (the waiver still needs £500); Income Investing needs £10,000.
- No individual shares, investment trusts or choosing your own funds: you pick a managed style and risk level.
- It is a fee waiver, not cash: on £5,000 at 0.75% it saves about £18.75, and your investments can fall in value.
FAQ
- What are the management fees after 6 months?
- 0.75% a year including VAT on the first £100,000 across the managed styles, and 0.35% above that; Fixed Allocation is 0.45%, then 0.25% above £100,000. Fund costs of 0.14% to 0.39% and a spread of about 0.04% apply throughout.
- Can I close the account after 6 months without penalty?
- There is no withdrawal fee. You can cancel within 30 days and get back the market value, less charges to date; after that you can close by giving 30 days' notice. Selling can lock in market losses, and pensions, Lifetime ISAs and Junior ISAs have their own withdrawal rules.
- What can I invest in?
- Ready-made ETF portfolios managed by J.P. Morgan's team. You choose one of six investment styles and a risk level; you can't buy individual shares or investment trusts, or choose your own funds.
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