Regular investment plan
Hassle-free monthly investing by Direct Debit.
Similar to your household bills, setting up a monthly Direct Debit is a very convenient way to keep adding to your investments.
While we’ll collect your cash on your selected direct debit date (or next working day), if you’re paying into an ISA or LISA, the subscription will show on your account as 2 - 3 days before your selected date. Due to banking practice, we have to tell your bank in advance that we’ll be collecting the direct debit, which then triggers the allocation to your account.
If you’ve selected to make an investment with this money, this will be done 3 - 5 days after the selected direct debit date to ensure the money has cleared.
Cheaper dealing charges
Regular investment usually works out cheaper than normal dealing.
£10-£200 deal value
Over £200 deal value
|Dealing commission (per deal)||£1.00||0.5%|
As with any investing, bear in mind that investing smaller amounts can be inefficient due to the charges involved.
Pound cost averaging
By investing the same amount of money each month, you buy more shares when the price is lower and vice-versa. As such, you don't have to worry about getting the timing of purchases right and, over time, you will have effectively bought your shares at an average price.
How to set up a regular investment plan
You can setup a direct debit from your bank account by clicking on "Regular Investing / Direct Debit" after signing into your account, from the "My account" menu.
Alternatively complete a regular investment form.
We’ll send you a contract note for each purchase (excluding funds). If you’d like to make a change, sign in to your account and click on "Pay in" or call our dealing team on 01296 41 42 43 at least two business days before your Direct Debit date.
Help choosing investments
We can help you find investments which are right for you. For starters, take a look at our recommended shares to buy and Platinum 120 range of finest funds.