A fully flexible way to invest
We created the Investment Saver so that Investment Account holders can earn interest on their uninvested cash. Here’s how it works.
Smart Investor is provided by Barclays Investment Solutions Limited (Barclays Investment Solutions).
As Barclays Investment Solutions isn’t a bank, it can’t hold your uninvested cash as a deposit in the way Barclays Bank was able to and therefore cash balances won’t receive interest in line with current interest rates.
To give you the opportunity to earn interest, we created the Investment Saver for your uninvested cash. Here, we explain how it works.
No, only customers with Investment Accounts have an Investment Saver for their uninvested cash. Smart Investor Investment ISAs and SIPPs do not have an Investment Saver.
You can decide if you’re happy for us to automatically transfer any uninvested cash from your Investment Account to your Investment Saver each day by selecting this option within the Investment Settings section of the website. This won’t have any impact on your ability to trade as we will automatically move any cash needed to your Investment Account to fund investments, corporate actions and fees as required.
Any uninvested cash held in your Investment Saver will earn from 1 September 2023:
No interest will be earned on cash in your Investment Account, Investment ISA or the Barclays SIPP.
This is held by Barclays Investment Solutions as Client Money. As Barclays Investment Solutions is not a bank, it can’t hold Smart Investor customers’ uninvested cash as a deposit.
Client Money is placed by Barclays Investment Solutions with a panel of regulated and authorised banks it selects. Where the bank is authorised in the UK and eligible, deposits may be protected under the Deposit Protection Scheme, up to the applicable limit should one of those banks become insolvent (currently this is £85,000 for all cash held per depositor, per bank). The panel of banks is available here.
Any uninvested cash you hold in your Investment ISA or Barclays SIPP is held by Barclays Investment Solutions as Client Money and won’t earn interest. An Investment Saver isn't available for Investment ISAs or SIPPs.
Yes, you can transfer uninvested cash from your Investment Saver into your Investment Account. However, if there is not enough cash to cover an investment, a corporate action or fees, we will automatically move sufficient cash into your Investment Account.
If you’ve given us permission, we can also automatically move any uninvested cash from your Investment Account to your Investment Saver on a daily basis to give you the opportunity to earn interest.
You can access your Investment Saver in the same way as you access your Investment Account, whether it’s online by logging in to My Hub, or over the phone.
The value of investments can fall as well as rise. You may get back less than you invest. Tax rules can change and their effects on you will depend on your individual circumstances.
A fully flexible way to invest
You can find out about our range of investment accounts below. We give you the information to decide which one is right for you, depending on your personal circumstances and financial goals.