You make your own investment choices... so why would you pay an annual ISA admin fee?
Our Trading ISA is the answer. If you have a balance of £3,600 or more in your ISA we will not charge you an annual admin fee (†Terms Apply). You can invest up to £10,200 in a tax year without paying tax on what you earn from your investment*.
Other benefits of opening an account with TD Waterhouse include:
- Access to more than 780 funds with 0% initial sales charge
- A Regular Investing option on an ISA which allows you to invest regularly from only £25 per month in shares and £50 per month in funds
- 24/7 access to market information and research tools provided by Morningstar®, including tools like Asset Allocator, Fund Screener, X-Ray and Quickrank
- Commission from only £9.95 per online trade on UK or international shares
- A wide range of investment options including UK and international equities, gilts, bonds, investment trusts, unit trusts, OEICs and exchange traded funds.
*Please note that the tax treatment of this product depends on the individual circumstances of each customer and may be subject to change in future.
The value of your investments can go down as well as up. You may not get back all the funds you invest.
What does the TD Waterhouse Trading ISA offer?
- As with all Stocks and Shares ISAs you can invest up to £10,200 in a tax year without paying tax on what you earn from your investment.*
- Our self select Trading ISA puts you fully in control as you decide what to invest in from: UK and international equities, gilts, bonds, investment trusts, unit trusts, OEICs and exchange traded funds, plus we charge no annual admin fee on accounts with a valuation of £3,600 or more.
ISA Annual Admin Fee Comparison
Based on an account valuation of £20,000.
| TD Waterhouse | £0 |
| Self Trade | £41.13 |
| Barclays | £58.75 |
| Halifax | £117.45 |
| Abbey | £117.50 |
| The Share Centre | £117.50 |
Information correct at 18/03/2010. Fees shown are the equivalent annual fees and are inclusive of VAT. Assumes investment in individual stocks and shares.
What is Regular Investing and how does it work?
- Making regular payments into your Trading ISA is an easy and affordable way of investing in the stock market.
- Our Regular Investment ISA is an online monthly investment service, which lets you make small monthly payments into a Stocks and Shares ISA. You can purchase stocks on a monthly basis for just £1.50 commission. You can also purchase funds, which don't incur commission but may have a Fund Manager charge.
- You can set up a direct debit in order to make regular payments. You then choose up to ten stocks and/or funds that you wish to invest in on a monthly basis. We group all of our customer's orders and these grouped stocks and funds are purchased on either the first or third Wednesday of each month. The trade date which is allocated to you depends on the date when cleared funds have been received in your account. This means we save resources and money which in turn allows us to pass these savings on to you.
Ways to Apply
Apply Online
Call us on 0800 531 6684
Lines are open Monday to Friday 7.30am to 9.00pm and Saturdays 9.00am - 3.00pm
Download an ISA Transfer form
Or find out more...
†Zero Fee ISA Terms
- These terms only apply to new ISA accounts with TD Waterhouse Investor Services (Europe) Limited opened on or after 1st October 2007. The customer must be 18 or over and a UK resident and ordinarily resident.
- ISA accounts with a value on the last business day in May each year of £3,600.00 or greater will not be charged an annual administration fee.
- ISA accounts with a value on the last business day in May each year of £3,599.99 or less will be charged an annual administration fee of £30 plus VAT on or around the first business day in June.