We don’t support this browser anymore.
This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

In this section

Our services

Invest by Direct Debit - cashback available. Terms apply.

Invest by Direct Debit

Choose free regular investing and get cashback

Important information - Investments can go down as well as up in value, so you could get back less than you put in. The information on this page isn't advice - please ask us for financial advice if you’re not sure which investments are right for you.

Why invest by Direct Debit?

Suit your budget 

Start from as little as £25 a month. It's free to set up and you won't pay dealing charges.

Peace of mind

Take the worry out of investing and smooth out stock market bumps when you invest monthly. 

Keep it simple

It's automatic so you won't forget to invest. It happens at the same time every month. 

How does regular investing save costs?

  • No charge to invest in funds – you’ll just pay our platform fee for holding the fund in an account. See our Fund charges
  • Free share trading – there’s now no charge when you invest in shares, investment trusts and ETFs by Direct Debit. You’ll only pay our dealing commission when you sell. See our dealing charges
  • It’s currently free to hold shares in a Fund and Share Account but there are charges to hold them in ISA or SIPP accounts. See our charges

Some investments may also have their own charges.

Cashback

Regular investing, now even more rewarding

Start investing by Direct Debit by 26 June 2025 in an HL Stocks and Shares ISA or Self-Invested Personal Pension (SIPP) and we'll refund the account charges on your total monthly payments - letting you invest at no cost.

Your Direct Debit must stay in place for one year to qualify. Your cash refund will be paid by July 2026. See full offer terms. 

Start an ISA Direct Debit

Start a SIPP Direct Debit

Open a Stocks and Shares ISA from £25

Open a SIPP from £25

Existing client? Log in to get started.

Money in a pension can be accessed from 55 (57 from 2028).

What can you invest in?

  • Ready-made investments
  • Funds
  • FTSE-350 shares
  • Certain and
  • Discover our investment ideas

How much should I invest?

£ a month
years

Calculate

Your results

About this calculator: This calculator is an example - it doesn’t show what your investments will actually be worth. Remember investments can go down as well as up in value so you could get back less than you put in.

To make these calculations, we've included an annual charge of 1.25%, but this could be lower or higher, depending on the investments you hold. We haven’t factored in inflation. These results are based on a growth rate of 5%, unless you have adjusted the growth rate in 'Additional options'.

How to set up a Direct Debit

The fastest way to set up a Direct Debit is online.

  1. Log in and choose the account in which you'd like to set up a Direct Debit
  2. Click 'Monthly Savings'
  3. You'll need your bank details to hand

Log in now

How to set up a Direct Debit

You'll need to open an account first. It takes minutes and all you need is your debit card and National Insurance number to hand.

  1. Choose the account you want to open.
  2. Select the option to 'Set up a monthly payment'.
  3. Choose your monthly investments or add the money as cash. You can pick investments later.

Compare accounts

Direct Debit FAQs

Read our FAQs for more information

Best UK pension provider 2024
Best UK Pension Provider
Investing in the Web's Global Broker Awards 2024
Best For Investment Trusts 2025
Best For Investment Trusts
Boring Money Awards 2025
Best Online Stockbroker 22/23
Best Online Stockbroker 3 Years Running
The Personal Finance Awards 2023/24

Help and support

Take a look at our most frequently asked questions for quick answers.

If you need more assistance or have specific questions, please contact us.