P2P Money Blog

Over the last month we have seen a change in the peer-to-peer cashback offers available.  With Funding Circle pulling its cashback offer, RateSetter remains the only one of the big three to have an active cashback offer.  Technically Zopa still has a cashback offer but they are not accepting new lenders currently.

RateSetter, which obtained full authorisation from the FCA yesterday, changed its cashback offer in October from £50 cashback for investing £1000 to £100 cashback for investing £5000 within 30 days of opening an account.  They also set a sunset date for this offer as 11th April 2018.

The latest cashback offers include £25 with InvestUP and €55 with Flender.  There are a number of cashback offers for a smaller initial investment of £1000, including £50 with Landbay, £50 with Lending Works and £50 with Lendy.  For new lenders wanting to try out peer-to-peer lending there is £25 cashback with Rebuildingsociety just for signing up and verifying your identity.

It is important to remember that peer-to-peer lending isn't saving and your capital is at risk.  Terms and conditions apply to each of the aformentioned offers.