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When will I receive my bonus?

Discover how long it takes to receive your Penfold referral bonus.

Elis avatar
Written by Elis
Updated over a week ago

We’re happy to hear you’ve invited a friend to join Penfold! 🎉

The £25 referral bonus is made up of £20 from us at Penfold, and the other £5 will be a tax top-up from HMRC. You're welcome! 😃

Once both you and your friend have paid in at least £25 into your Penfold pension, we will pay out your bonus. It'll land in your account within the following 2 weeks.

Remember, transfers from previous pensions are excluded from this bonus program.

If it's been more than 2 weeks and you haven't received your bonus yet, double-check you've met the criteria:

  • The person you referred signed up using your unique referral link

  • Both you and your referral have paid in at least £25 to your pension pot

Then, get in touch with our Support team so we can look into this for you!

In the meantime, you can read more about our referral program here.

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