Pound to £5k Challenge

Edition 59

February is here and it’s kicked off with a BIG bang with some offers that are well worth your time, let’s jump straight into them!

Don’t forget you can check out all emails I have ever sent at the link below in case you missed anything previously

THIS WEEK’S TOP DEALS!

£5 for Monzo customers or £15 for Monzo newbies

Monzo have recently launched an investing function within their banking app and bizarrely (but great for you) there is a referral scheme for this that pays existing customers £5 for about 30 seconds of your time

1. Follow my referral link below

2. Check your pre-filled information & update if needed

3. Enter your National Insurance number (required for investments)

4. Choose to add £1 to a pot (pick between 3 risk levels)

5. Turn off regular investments unless you wish to keep them

6. Once done you should almost instantly receive £5 which you can choose to invest or have added to your “personal pot” (current account)

This is, by far, one of the most popular offers I have seen in a long time and there is a good reason for it as it takes less than a minute & you can also get your £1 back once the investment has settled in a few days!

Not got Monzo?

1. Create an account through my other referral link (see below)

2. Top up your Monzo account

3. Spend on your card once (virtual or physical)

4. Get £10

5. Then you can also do the free £5 offer above too!

Get £15 to £250 for depositing £500 for a month

Tembo currently offer one of the UK’s highest-paying Cash Lifetime ISA paying a whopping 4.8% interest which can only be beaten by Moneybox for new customers (after 12 months theirs drops to 3.8%)

For this reason, I transferred my Cash LISA to Tembo before Christmas and the transfer was super simple and their customer service has been great when I’ve needed it!

Tembo also offer a Cash ISA paying 4.8% which is slightly less than Trading 212 but is tempting for their new referral offer:

1. Message or email me “TEMBO” for my referral link

2. Follow my link and sign up to Tembo

3. Open either a Cash ISA or Cash LISA and deposit £500+ (or transfer from another provider)

4. You will receive a referral bonus between £15 and £250:

   • £15 - 77% chance

   • £25 - 15% chance

   • £50 - 5% chance

   • £100 - 2% chance

   • £250 - 1% chance

5. You can see what you will get the following business day in the app

6. You will receive your bonus with the next interest payment (8th of the following month usually)

Please note:

There are a number of people who are frustratingly deceiving people with this offer online so please be careful whose link you use as you can only refer 5 people per day and it may note obvious if someone has maxed this out. I will always ensure that I do not send my link to more than 5 people per day.

Additionally, people need to have £500+ on the platform to successfully refer you, I transferred a Cash LISA with ~£19k over and will not be moving this any time soon so you can trust my link will work.

Santander Customer? Get a £5 gift voucher

Santander are currently offering existing customers a £5 gift voucher (works for Tesco or ASDA) when you get a home insurance quote

1. Follow the link below

2. Enter your details for a quote

3. No need to accept the quote, just get to the point where they give you one

4. Within 24 hours you should receive an email to claim your voucher

This can only be completed once per person and per household

Supposedly this only works for Santander customers which I guess they check against their data but no harm in trying if not a customer?

Virgin Red - £10 in gift vouchers

Virgin Red is a cashback/rewards site that lets you earn points when you shop at a number of stores

Points can redeemed for a number of rewards such as:

• Greggs sausage roll/ stake bake/ etc. - 300 points

• Greggs sandwich - 500 points

• Costa hot drink - 1,000 points

Here’s how to get 2,000 points:

1. Message me “RED” for my referral link

2. Make a qualifying purchase through their site by clicking through to a supplier

3. Cookies must be enabled/accepted for this to work

4. You will receive a promo code for 2,000 points

5. Enter this on the site and you can then start redeeming!

New Bank Switching Offer - Co-Op (up to £150)

Co-Op’s bank switching offers are notoriously painful to get the free cash but it is still pretty easy money in comparison to other side hustles

I’ve broken down all of the important info below!

Co-Op Business Bank Account - Get £200

Co-Op are also offering £200 when you open a business account with them, which can be for a limited company or a sole trade which may be selling on eBay, side hustles, etc.

To get the £200 for this you need to do the following:

1. For the 3 months following the month of opening the account:

   • Maintain a balance of £1,000+

   • Make 2+ payments with the debit card

   • Make 1+ deposit into the account via bank transfer

2. You should then receive the £200 cash into your account

Virgin Money Business Bank Account - £100

Virgin Money are also offering £100 for new business bank customers, however this one is only for limited companies

I would keep your eyes peeled for a sole trader one that most of you would be able to nab in the coming months, but for now this is worth being aware of! Here are the details below

FREE PIZZA at Pizza Express (but there’s a catch!)

Sunday 9 February 2025 is “National Pizza Day”

What does this mean though? Well, if you go to Pizza Express on Sunday and wear a striped top you’ll get a free Classic Margherita pizza

Better than that, if you go with someone else and they also wear a striped top you’ll both be able to get a free pizza each

Now there is no maximum per table, BUT each store is limited to the first 60 people to take this offer up so if you want to take advantage of this you might want to book an early table!

FREE PIZZA at Fireaway

Join Fireaway Pizza Club and you can also get a totally free Margherita pizza when you collect on Sunday 9 February 2025

This is limited to one per person and is limited to 100 pizzas per store on a first-come-first-served basis from the opening time

1 Million FREE Pints (England)

Dry January is now over so Brewdog are giving away 1 million pints if you visit a Brewdog between 4-5pm on any of the following dates:

• Monday 10 February

• Tuesday 11 February

• Wednesday 12 February

• Thursday 13 February

• Friday 14 February

£3,000 Bar Tab (Scotland & Wales)

Rules on alcohol consumption are different in Scotland and Wales so on Monday 10 February £3,000 is being put behind the bar from 4pm and when it’s gone it’s gone

There does not appear to be a limitation on the number of drinks you can get but please drink responsibly

NEW SERIES - Credit Card Rewards

This new series launched last week with, friend of the page, George offering his insightful knowledge on the world of credit card rewards

This was incredibly popular and for good reason, so be sure to check out the Beginner’s guide to credit card rewards from last week below!

AND the latest post is also now available, this week looking at how the American Express Gold card works, which is one of the most popular rewards cards in the UK (+ how to get a great sign-up bonus!)