How refer a friend works
Need some selling points to convince your mates to join? We’ve got you.
Stocks & Shares ISA
Invest up to £20,000 per year with tax-free gains. Open a Wombat ISA in minutes or initiate a free transfer today. *Tax treatment depends on your individual circumstances and may be subject to change in the future.
Save without limits
Deposit, invest and withdraw an unlimited amount of money with a GIA
Wombat and our partners are covered by the government’s Financial Services Compensation Scheme up to a limit of £85,000. Please be aware that this does not cover any decline in the value of your investments.
Wombat Invest Limited is authorised and regulated by the Financial Conduct Authority under Firm Reference Number 955775.
Trusted by thousands
Frequently asked questions
All Refer a Friend bonuses from Wombat must remain in the account they were allocated to for a minimum of 90 days and must be invested before they can be withdrawn. You can view the full T&Cs for Wombat’s Refer a Friend program here.
You can refer up to three friends to Wombat. Please note, once your referral code has been used by a friend, this cannot be reversed.
Referral bonuses are paid out after you open an investment account with Wombat. Our Instant plan provides you with a General Investment Account (GIA), and our Standard plan offers you a choice between a General Investment Account (GIA), Stocks & Shares ISA and Junior Stocks & Shares ISA (JISA). You will receive a £10 Refer a Friend bonus within two working days of account creation. You can then use this referral bonus towards your first investment on the Wombat app. Please note, all bonuses must remain in the account they were allocated to for a minimum of 90 days before they can be withdrawn.
If you refer a friend to Wombat, and they open their first investment account with us, we will reward them with £10 cash straight into their Wombat cash account to help them get started with investing.
We will also reward you with £10 cash straight into your Wombat cash account.
Please note, the referred friend must be a new user and open an investment account with Wombat for you both to be eligible for a reward. Once your referral code has been used by a friend, this cannot be reversed.
View the full T&Cs here.
Please note, our savings accounts are not eligible for the refer a friend bonus.