How To Guides
How to Get a Free £75 Pension Boost – A Step-by-Step Guide
Written by Charlie (Admin)Updated 16 September 2026

☰What’s in this guide4 sectionsShowHide
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)
- Sign up to Penfold– Head over to Penfold and create an account.
- 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.
- 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.