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Charges and interest rates

Account charges

  • No charge - To set up
  • No charge - Cash payments in
  • No charge - Transfers in
  • No charge - Dividend collection
  • No charge - Interest collection
  • No charge - Income payments
  • No charge - Account inactivity

Annual management charges


This charge applies to each Vantage account separately. It is tiered within bands: 0.45% per annum on the first £250,000 of funds; 0.25% for funds between £250,000 and £1m; 0.1% for funds between £1m and £2m, and no charge on the value of funds over £2m.



£0 - £250,000
£250,000 to £1m
£1m to £2m
Over £2m


No charge

Shares, investment trusts, ETFs, gilts & bonds

No charge

Note: The investments you choose may have their own initial and annual charges and a bid offer spread. Hargreaves Lansdown receives commission from some fund groups for arranging and administering your investments. Details are available in our key features document, the trading pages of our website and on our contract notes.

Dealing charges (per deal)

Fund dealing

Online, phone and post dealing
(unit trusts and OEICs)

No charge

We also offer up to a 5.5% saving on the initial charges made by the fund manager

Reinvestment of income

1% (£1 minimum, £10 maximum)

In each account, if you choose automatic reinvestment, any dividends you receive will be reinvested once they reach £10 per holding.

Share dealing

Online and mobile app
(shares, exchange traded funds and investment trusts)

Deals previous month

Dealing charge

0 - 9 deals
10 -19 deals
20 or more deals

The online share dealing charge is determined by the number of deals you placed in the previous calendar month. The tariff you pay in August, for example, will depend on the number of share deals you place in July, and we count deals placed across all the Vantage accounts held under the same client number.

Phone and post dealing

1% (£20 minimum, £50 maximum)

Please note: most residual stocks, bonds, gilts, VCTs and PIBS can only be dealt over the phone.

Equity regular savings

£1.50 per stock per month

Available on FTSE 350 shares, selected investment trusts and selected ETFs subject to a minimum of £25 per stock per month.

Reinvestment of income

1% (£1 minimum, £10 maximum)

In each account, if you choose automatic reinvestment, any dividends you receive will be reinvested once they reach £10 per holding.

Overseas share dealing

There's no need to hold a foreign currency account - your deals will be placed at the overseas market price and converted into sterling by HL or a UK-based market maker.

The foreign exchange rate used will be based on the prevailing interbank exchange rate. A fee will be added to this by HL or the UK-based market maker as applicable, depending on the size of the deal. This fee is to cover service costs. See below for further details. Our standard dealing commission (as above) will also apply.

Value of trade

Additional spread

£0 - £24,999
£25,000 - £49,999
£50,000 - £99,999

Government taxes and levies (per deal)

UK Stamp duty


Purchase of UK shares (rounded up to the nearest £5 for residual shares)

PTM (Panel on Takeovers & Mergers) Levy


UK share deals over £10,000

Irish Stamp duty


Purchase of Irish shares

French Financial Transactions Tax


Purchase of French shares

Italian Financial Transactions Tax


Purchase of Italian shares

Account administration

Account closure fee

£25 + VAT

(Applied automatically when the balance of your account falls below £50 (where no stock is held) - the balance less the closure fee will be returned to you. The fee also applies when transferring your account to another provider, but not when transferring to another Hargreaves Lansdown account.)

Cash withdrawals

No charge

Transfer out to another provider (as cash)


Transfer out to another provider (as stock)

£25 per holding

Stock transfer (between accounts)

£12.50 per stock

Limit orders

No charge

Automated sales to cover charges
(Selling fund units or shares to meet fees)

£1.50 per deal

6 monthly statement and valuation

No charge

6 monthly statement and
valuation (paper)

£10 + VAT per statement &

Other charges

We make it as easy as possible by collecting fees automatically from your account. If we cannot collect fees from cash held on your account we write to you explaining your options. If you fail to respond we may sell investments to cover your outsanding fees in which case separate fees described in our terms and conditions may apply.

Other charges may apply in specific circumstances - see the Terms & Conditions for details.

Cash held within the Vantage Fund & Share Account

If you are unsure where to invest or just want to sit out of the market, you can hold cash within your Vantage Fund & Share Account.

  • No up-front or annual management charge to hold cash
  • You can receive a variable rate of interest

View the rates of interest paid on cash in the Fund and Share Account