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ISA charges

Annual management charges


The annual charge to hold funds is applied to each account separately and is tiered within bands


on the first £250,000 of funds


for funds between £250,000 and £1m


for funds between £1m and £2m

No charge

on the value of funds over £2m

Shares, investment trusts, ETFs, gilts and bonds

0.45% capped at £45 per annum


If you are unsure where to invest or simply wish to be out of the market, you can hold cash in your Stocks & Shares ISA. There are no inactivity fees when you hold cash. You may recieve a variable rate of interest depending on the value of cash held.

Note: The investments you choose may have their own initial and annual charges and a bid offer spread. Details are available in the key features document, the trading pages of our website and the contract notes.

We make it as easy as possible by collecting fees automatically from your account. Charges will be calculated based on the value of your chargeable holdings on the last day of the month and collected in the following month.

Charges will first be collected from cash on your account. To help you manage cash balances to meet the fees due we have introduced a "Suggested Minimum Cash Balance".

The Suggested Minimum Cash Balance is designed to give you an idea of the cash you should hold on account to meet future fees. It is just a suggestion, however. You can ignore this if you wish.

If you don't have any cash on your account, and you have fully subscribed so you can't top-up, you could consider adding money to a Fund & Share Account. If you have no cash in your ISA, we will try to collect fees from cash you hold in your Fund & Share Account before we sell any of your holdings.

If there is insufficient cash on an account to pay the fees due and insufficient cash in the Fund & Share Account too, we will sell sufficient holdings to cover the amount owed and restore the minimum cash balance. There will be a small charge of £1.50 per deal if an automatic sale is required.

Our system will look to collect fees in this order:

  1. Cash in the account in which the fees were generated. If no cash on the account then
  2. Loyalty bonuses received on units purchased before 1 April 2014. If no loyalty bonuses then
  3. Cash in your Fund & Share Account. If no cash in your Fund & Share Account then
  4. Sell holdings to cover fees from the account in which the fees were generated

We will normally sell units of the largest fund holding first. If, for whatever reason, we are unable to sell units of the largest fund holding, we will sell units in the next largest fund holding, and if you do not hold funds we may sell part of other holdings.

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Dealing charges

Fund dealing

There is no dealing charge when you buy and sell funds in our Stocks & Shares ISA.

Online and mobile app share dealing

The online share dealing charge is determined by the number of deals you placed across your account, in the previous calendar month.


0-9 deals


10-19 deals


20 or more deals

Online limit orders - no additional charge

Dividend reinvestment - 1% of the value of the trade, subject to a minimum charge of £1 and a maximum of £10 (dividends reinvested once they reach a minimum of £10 per holding, or your chosen level)

Automated sales to cover outstanding account fees - £1.50 per stock per month

Telephone and postal share dealing

1% of the value of the trade, subject to a minimum charge of £20 and a maximum charge of £50

Equity regular savings

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

£1.50 per stock per month

UK Stamp duty

0.5% on purchases of UK shares (round up to the nearest £5 for residual shares)

PTM (Panel on Takeover & Mergers)

£1 on UK share deals over £10,000

Irish Stamp duty

1% on purchases of Irish shares

French Financial Transactions Tax

0.2% on purchases of French shares

Italian Financial Transactions Tax

0.12% on purchases of Italian shares

Overseas shares covered by the Hargreaves Lansdown Overseas Share Dealing Service are traded at our standard rates (above) and can be traded online, by phone or post. They will be dealt at the overseas market price and converted into sterling by either Hargreaves Lansdown or a UK-based market maker, at a rate based on the prevailing interbank exchange rate to which a fee will be added by Hargreaves Lansdown or the UK-based market maker, as applicable, through an additional spread of up to 1.5%. The additional spread will depend on the size of the deal, as per the table below. This fee is to cover the costs incurred in facilitating the Overseas Share Dealing Service. Further details are available on request.

Value of trade

Additional spread

£0 - £24,999


£25,000 - £49,999


£50,000 - £99,999


£100,000 +


Made in addition to the charges laid out above, where applicable.

Cash withdrawals

No charge

Account closure fee

£25 + VAT

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

£1.50 per stock per month

Dividend reinvestment
(dividends reinvested once they reach £10 per holding)

1% (£1 minimum, £10 maximum)

6 month statement and valuation (paperless)

No charge

6 month statement and valuation (paper)

£10 + VAT per statement & valuation

Transfer out (as cash)


Transfer out (as stock)

£25 per holding

Internal stock transfer between accounts

£12.50 per stock

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

View the current rates of interest paid on cash held in our Stocks & Shares ISA

Any questions?

If you have any questions about charges, or any other aspect of the Stocks & Share ISA, please do not hesitate to contact our friendly Investment Helpdesk

0117 900 9000

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