Stocks and Shares ISA
Charges and Interest Rates
Open a Stocks and Shares ISA and enjoy 40% off your account charge
- Add at least £10,000 (cash or transfers) by 30 June 2025 to qualify
- Discounted charge applies between 1 July and 31 December 2025
- If you're transferring investments, your reduced charge will start once your transfer completes, and continue until 31 December 2025
Need more time to apply to transfer? Contact our Helpdesk. Full terms apply.
| Investment type | Investment value | Reduced charge | Standard charge |
|---|---|---|---|
| Funds | under £250k | 0.27% | 0.45% |
| £250k - £1m | 0.15% | 0.25% | |
| £1m - £2m | 0.06% | 0.10% | |
| Over £2m | 0.00% | 0.00% | |
| Other investments | Flat max charge | 0.27%* | 0.45%** |
*Capped at £2.25pcm
**Capped at £3.75pcm
Annual account charges and interest rates
Your annual charge depends on whether you hold funds or shares in your ISA. There are no charges for opening an account, holding cash or inactivity.
You can see the interest rates paid on any cash held in a Stocks and Shares ISA here.
Funds
| Value of funds | Charge |
|---|---|
| Under £250k | 0.45% |
| £250k - £1m | 0.25% |
| £1m - £2m | 0.1% |
| Over £2m | No charge |
Other investments
Including UK and overseas shares, investment trusts, exchange-traded funds, VCTs, gilts and bonds.
Important note about charges
The investments you choose may have their own charges, such as charges from a particular fund manager. These are in addition to our account charges. You can find these in each investment’s key investor information document. A bid/offer spread may also apply - see our Guide to Fund Prices (PDF) for details.
Here's an HL account charge example
If you hold £10,000 in funds and £3,000 in shares, your account charge would be £58.50 per year. That's an average of £4.88* per month.
*The monthly charge will depend on the exact value of your account each month. To keep things simple here, we didn't include any investment growth.
Dealing charges
Fund dealing
There's no dealing charge for buying or selling funds.
Online and mobile app share dealing
Including UK and overseas shares*, investment trusts, exchange-traded funds, gilts and bonds.
| Number of deals in previous month | Charge per deal |
|---|---|
| 0 - 9 | £11.95 |
| 10 - 19 | £8.95 |
| 20+ | £5.95 |
*There’s an added foreign exchange charge for overseas share deals, depending on deal size. See our overseas share dealing page for details.
Automatic reinvestment
If you’d like any share income reinvested automatically, we’ll place the instruction once your income reaches £10 per holding, or an amount you choose. You won't pay dealing charges but for overseas shares, our normal foreign exchange charges apply.
How to pay charges
There’s no need to remember to make any payments. Each month we’ll automatically take charges from cash in your account.
If there’s not enough cash in your account, we’ll sell some of your investments to cover charges. There is no additional charge for this.
How much cash you need to keep available in your account depends on your investments. We’ll suggest a minimum cash amount for you, which you’ll be able to see in your account when you log in.
Other charges
Other charges may apply in specific circumstances - see the terms and conditions (PDF) for details.