What are the fees for investment accounts?
For investment accounts (ISA, GIA, JISA, and Stocks & Shares LISA), we charge the following fees:
Fixed subscription fee:
£1 per month, free for the first three months and charged per Moneybox account. This means even if you have multiple investment accounts with us, your subscription fee will remain at £1.
This fee covers all transactions and all investing costs and is charged at the end of each month by selling down your largest holding.
0.45% of the value of your investments per year. This fee accrues daily but is charged monthly by selling down your largest holding.
Fund provider fees:
In addition, you will also pay the fund management charges levied directly by the fund providers. These fees range from 0.12% to 0.30% per year and are incorporated into the daily fund valuation.
If you withdraw all your money or close your account we calculate the Fixed subscription fee and the Platform fee on a daily basis for that month and deduct these charges before you receive the money.
For more information about Junior ISA fees, please visit the Junior ISA FAQ section.