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Stocks and Shares ISA
Charges

Annual account charges

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.

Funds

Value of funds Charge
On the first £250,000 0.45%
On the value between £250,000 -£1m 0.25%
On the value between £1m - £2m 0.1%
On the value over £2m No charge

Shares

Including UK and overseas shares, investment trusts, exchange-traded funds, VCTs, gilts and bonds.

0.45%
capped at £45 per year

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.

Example of account charges

If you invest £15,000 in funds and £5,000 in shares, your account charge would be £7.50 per month*.

£15,000 in funds

Annual charge (0.45%)

£67.50
£5,000 in shares

Annual charge (0.45%)

£22.50
Total charge

Annual charge (0.45%)

£90
(£7.50 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 automatically reinvested, we charge 1% of the trade value (minimum £1, maximum of £10). There is no charge to reinvest fund income. We’ll reinvest your income once it reaches £10 per holding, or the amount you choose.

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. To sell shares, we'll charge £1.50 per deal. There is no charge to sell funds.

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.

An ISA with a promise

Open an HL Stocks and Shares ISA, and if you’re not 100% satisfied with our service in your first 12 months, close your account and let us know. We’ll then refund our annual account charge – no questions asked.

Find out more and see full terms

Other charges

Other charges may apply in specific circumstances - see the terms and conditions (PDF) for details.

Charges FAQs