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How to Get a Free £75 Pension Boost – A Step-by-Step Guide

Written by Charlie (Admin)Updated 16 September 2026
How to Get a Free £75 Pension Boost – A Step-by-Step Guide
What’s in this guide4 sectionsShow
  1. 1Step 1: Sign Up to PensionBee
  2. 2Step 2: Transfer to Penfold for an Extra £25
  3. 3Total Free Money Earned
  4. 4Things to Consider

If you're looking to boost your pension for free, there's a simple two-step method that allows you to earn £75 with minimal effort. This involves signing up for PensionBee and then transferring your funds to Penfold to claim their referral bonus. Here’s exactly what you need to do:

Step 1: Sign Up to PensionBee

Step 2: Transfer to Penfold for an Extra £25

Wait for your Pension Bee bonus to clear before starting this step (it should take approx 12 days)

  1. Sign up to Penfold– Head over to Penfold and create an account.
  2. Request a pension transfer– Once your Pension Bee account is set up, initiate a transfer from Pension Bee to Penfold. This can be done within the Penfold dashboard.
  3. Receive your £25 bonus– Once the transfer is complete, Penfold will credit your account with £25.

Total Free Money Earned

By following this method, you’ll have earned £75 in total (£50 from PensionBee and £25 from Penfold), just for moving your money between two providers. You can keep this Pension to complete more offers that require a transfer (this saves you using your primary pension).

Things to Consider

  • Pensions are long-term investments, and withdrawing before retirement may not be possible.
  • Both Pension Bee and Penfold charge fees, so check their fee structures before committing.