Free Shares – £10+ Worth To Claim As Cash
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Whether you know anything about shares or not, there is a way to make some free cash through a few easy steps.
Saving money is something I love to do, however I’ve always tried making extra money at every turn I go.
You may always see adverts on TV for trading companies advertising free shares, and just thought “I’ve got no idea how that works” – and I was the same.
But in hindsight, it’s a very easy way to make some quick money, and you don’t even have to partake in trading. You could claim the free shares and cash out – meaning an almost instant profit.
Here’s how it works, and how you could possibly earn hundreds (if you’re lucky):
£10+ Worth Of Free Shares
There are usually a few different companies that give you free shares when signing up, but one has now stopped and others are just too confusing (even for me).
But there is one company who’s offering a free share (which has been boosted to a minimum of £10+), that’s worth doing.
“Why would I want a random share?” I hear you ask. The answer is… you can cash it out, and withdraw it into your bank – basically earning you free cash.
If you’re keen to get started and see if you win a free share worth up to £200 – here’s how it works:
FreeTrade – £10-200 Free Share
Freetrade is an app available for both iOS and Android, in which you can invest anything from £1+ into most companies that you can think of.
When signing up to Freetrade, and depositing £1, you get a free share allocated to you.
Usually the value of your free share is between £3-200, but for the rest of June, it’s boosted to within the value of £10-200.
It’s a bit of a lottery as to what value your share will have, but it’s said it’s one of around 100 different companies, all with varying values.
Related: How To Make Extra Money With Side Hustles
How Do I Get My Share?
1. Sign up through this link and deposit £1 (no need to invest in anything to get the share)
2. Upon doing this, you’ll see the below pop up appear on your home screen. You’ll receive a free share within 7-10 days (usually allocated on Wednesdays)
3. You can sell the share straight away (putting the money into your account), or keep it invested once it’s revealed to you.
4. After 30 days from the date you received your share, you can withdraw your account balance into your bank account.
So for signing up and depositing at least £1, you can withdraw a minimum of £11 just 30 days later.
My share when I signed up with Freetrade was worth £22 – so a nice little profit for not much work. A friend of mine lucked out with a £60 share – but this will be less common.
Referring A Friend
Here’s the thing… once you have a Freetrade account, you can invite as many people to sign up through your link as you want.
For each friend you get to download and deposit £1, you get a free share as well as them.
So if you signed up through my link, then sent your own referral link to your spouse – you’ll get 3 shares between the two of you – meaning a minimum of £30 profit – and maybe more. Not bad for a few minutes work.
Need To Knows
When signing up – select the free account that costs £0 a month.
You’ll need to complete a form (basically saying you aren’t taxed in the US before you get your share), but it’s only one button.
You’ll need your National Insurance number to set up an account (I had to fish mine out)
After depositing £1, you’ll have a free share notification pop up – but it’ll be locked for a while until it’s revealed.
You can share your own link with family/friends to get a free share for yourself and them too.
Related: Coupons UK – How to find them
Conclusion – Free Shares
There we have it – for an initial investment of £1, you could be earning £10s or even £100s more in free shares.
It might take a month for them to be withdrawn, but set a reminder on your phone, and save the date for when you can. It’ll be pretty easy money!
My partner got a free share in Snap (Snapchat) last summer which was worth £50. Just one of those, and you’re laughing all the way to the bank.
Will you be claiming some free shares? I’d love to know in the comments below, on Twitter @Jordon_Cox or on Facebook.
