Fees eat away at your investment returns and can have a big impact on the amount of money you’ll have in the future. That’s why we help you keep costs to a minimum. We don’t charge you to open an account or transfer investments to Bestinvest, and we have tiered annual service fees – giving you great value no matter how much you are investing.
Tiered service fees
Our annual management charges are tiered – so you pay a lower percentage for bigger investments. You can also benefit from a lower dedicated service fee for Ready-made Portfolios.
Ready-made Portfolios and US shares
| Investment value | Annual fee (per account) |
| Up to £250,000 | 0.2%* |
| £250,000 - £500,000 | 0.2% |
| £500,000 - £1,000,000 | 0.1% |
| Over £1,000,000 | No charge |
Other investments
| Investment value | Annual fee (per account) |
| Up to £250,000 | 0.4%* |
| £250,000 - £500,000 | 0.2% |
| £500,000 - £1,000,000 | 0.1% |
| Over £1,000,000 | No charge |
Dealing fees
You do not pay fees for buying and selling funds as these costs are covered in your ongoing service fee. For buying and selling non-fund investments (e.g. stocks and ETFs) there is a £4.95 dealing fee per transaction which is the cheapest of all the major investment platforms. For US share dealing fees please see below table.
| Type | Fee |
| Buying and selling investments | Free |
| Share dealing | £4.95 per trade** |
| Placing limit orders | Free |
| Inactivity fee | Free |
US share dealing fees
Our US share dealing fees are the cheapest of all major investment platforms (as of February 2023). There is no online dealing fee for transactions, a 0.95% foreign exchange fee, and highly competitive tiered service fees. You will also pay no foreign exchange fee on dividend reinvestment or pay out.
| Type | Fee |
| Share dealing | Free** |
| Foreign exchange fee | 0.95% |
| Dividend reinvestment and pay out | Free |
Interest we pay on your cash balance
| Balance | Interest rate |
| £0+ | 4.1% |
The interest rate on cash within any account you hold is set by the custodian (SEI) and is subject to change without notice. The rate shown is the Annual Equivalent Rate (AER) which shows what the interest rate would be if interest was paid and compounded once each year. Interest is paid monthly in arrears.
Interest in ISAs, Junior ISAs, SIPPs and Child SIPPs is paid free from UK income tax. Interest in other account types is paid gross and you are responsible for paying any tax due on interest that exceeds any tax-free allowances. Tax rules can change. For more information see our Terms of Business here.
*Note: SIPP service fee minimum £120 per year excluding Child SIPPs.
**Telephone orders are priced at £30 per deal.
