Costs

ISA – costs

An ISA enables you to buy and sell investments quickly and easily. Learn about the benefits of an ISA.

Dealing options	Standard I deal infrequently, typically smaller amounts	Frequent I deal frequently or have a sizeable sum to invest	Premium I deal on average 8 times a week or more	Premium+ I deal on average 8 times a week or more and need advanced software
Dealing option fee	none	£20 + VAT per quarter	£2,500 + VAT per annum	£3,500 + VAT per annum
Admin fee Ready-made ISA	none		none
Admin fee Self-select Funds ISA	none		none
Admin fee Self-select Stocks & Shares ISA	£ 12.50 + VAT per quarter		none
Dealing commission	1% (min £7.50)	£7.50	none

Regular investing	0.5% (min £1.00)		none
Automatic re-investment	0.5% (min £1.00) no minimum if contract note sent by email		none

Other dealing fees
Stamp Duty	0.5% payable on the purchase of UK shares. Other rates may apply to shares listed outside the UK.
PTM Levy	£1.00 on all transactions over £10,000.
Unit Trust and OEICs	Any discount we negotiate for you on the initial fee will be used to buy additional units.

Other fees payable on all dealing options
Cash withdrawals
3-day transfer Same day transfer Overseas (restrictions apply) By cheque to your home address	Free £25.00 £50.00 £5.00
Share transfer for each shareholding
Transferred in Transferred to another broker Re-registration to certificate Gifting fee - spouse Gifting fee - charity Gifting fee - other	Free £15.00 £15.00 Free Free £5.00
Bounced cheque or unpaid direct debit
Handling fee	£15.00
Closing account
Excluding dealing and transfer costs:	£20.00

How are my account costs paid?

Administration fee

Taken from your account quarterly in arrears in January, April, July and October. If there is not enough money in your account to pay the fee, we will take the payment from the next credit to your account. If outstanding fees increase over time, you will be able to see the amount owed on your statements. You can then pay into your account as normal to cover the fee owed. Please note, we may write to you if the outstanding amount is not cleared and we may have to sell investments in your account to cover the fee owed.

Dealing option fee

First payment is taken from your account when opened. Frequent option fee is taken quarterly thereafter, Premium and Premium+ options are taken annually thereafter and are only taken from a share account which will be opened free of charge. If there is not enough money in your account to pay the Frequent option fee, we will take the payment from the next credit to your account. Premium and Premium+ accounts will change to our standard dealing option if there is not enough money in your account to pay the fee.

Dealing commission and Regular Investing fees

Taken from your account as part of each transaction.

Other fees

Taken from your account at the time of the individual transaction. We will contact you if there is insufficient money in your account to cover any fees due.

What interest is paid on cash in my account?

Interest is paid on cash balances at the Bank of Scotland Base Rate less 3.5% and is credited quarterly to your account.

All interest paid to ISAs is net of the H M Revenue & Customs' flat rate charge of 20%.

Want to reduce your dealing charges?

If you hold shares in Share plc you can get a rebate of up to 30% on your dealing charges.

01296 41 41 41

Apply now

Open an account online and start dealing today.

Investment advice

Speak to our Advice team over the phone – at no extra cost!

telephone advice

The Share Centre Limited is a member of the London Stock Exchange and is authorised and regulated by the Financial Services Authority and is entered in the register (www.fsa.gov.uk/register/) under reference 146768. Registered office: Oxford House, Oxford Road, Aylesbury, Buckinghamshire, HP21 8SZ. Registered in England no. 2461949. VAT registration no. 596 3918 82.