If your investments fall in value, you could lose money. Tax allowances and the benefits of tax-efficient accounts could change. 

Share Account

Your day-to-day investing and trading account. Buy and sell a wide range of investments, with no annual limit.

Share Account benefits

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Fixed monthly account fee

£1.80 per month and a dealing option to suit you.

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Pick your own

You’re in control of choosing, buying and selling your investments.

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No annual limit

Invest as much as you like and withdraw money whenever you want.

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Wide investment choice

Shares, funds, investment trusts, bonds, gilts, ETFs and more.

Share Account costs

We charge fixed account fees (which don’t grow as your investments do) and offer a choice of dealing options to keep your dealing costs down.

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Standard dealing option
I usually deal less than £750 or occasionally
Frequent dealing option
I deal more than £750 frequently or have a lump sum to invest
Fixed account admin fee £1.80 per month £1.80 per month
Dealing option fee - £24 per quarter
Dealing commission £7.50 per deal for trades less than £750, 1% for £750 and above £7.50 per deal
Dealing commission for phone/post/email £20 per deal for trades less than £2,000, 1% for £2,000 and above £20 per deal

Other dealing fees

Stamp Duty Levy 0.5% on the purchase of UK shares (excluding AIM and other recognised growth markets). Other rates may apply to non-UK shares.
PTM Levy £1 on transactions over £10,000
Foreign Financial Transaction Tax Tax Payable on the purchase of specific European shares (charge varies by country)

Cash withdrawals

3-5 day transfers Free
Same day transfer £25
Overseas £50 (restrictions apply)
Cheque £5

Optional services

Regular investing 0.5% (min. £1)
Dividend reinvestment 0.5%
Statements & contract notes by post rather than email £2.40 per month

Transfers

Transfer to another provider £25 per account
Re-registration to certificate £25 per certificate

Other

Bounced cheque or unpaid Direct Debit £25
Deceased customer account administration £100

Costs and charges illustration

To give you a feel for the costs involved, our cost sheet includes an illustration of costs you will pay, based on how much you invest and what type of investments you choose.

Download Black View costs & charges sheet

Payment of account & dealing charges

Your account admin fee (and postal statements & contract notes fee if chosen) will be collected from your account on the 26th of each month, or the next business day. If you’ve chosen our frequent dealing option, the first payment will be collected from your account when opened and quarterly thereafter. Dealing commission, regular investing fees and other fees will be taken from your account as part of each transaction.

What interest will be paid on cash?

Gross interest on any cash you hold will be credited to your account quarterly at the Bank of Scotland base rate, minus 3.5% (min. 0%). We may retain the difference between the interest paid to you and the interest we are able to earn, as permitted by The Financial Conduct Authority.   

Why invest with us?

Fixed monthly account fee

green money bag in circle
small green moneybag in circle

A low monthly admin fee of £4.80 per month and a dealing option to suit you, enabling you to get the most from your investments.

Tax-efficient

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small green acorn labelled "isa"

Invest up to £20,000 this tax year. No Capital Gains or further Income Tax to pay on profits.

Pick your own

green grabber in circle
small green grabbing claw in circle

Choose from a wide range of range of investments: shares, funds, investment trusts, bonds, gilts, ETFs and more.