-

Our fees and interest rates

Low cost investing with no hidden charges

We use a simple pricing structure to make it easy to understand what your investment account costs. Your exact fees depend on your transactions and the value of your investments.

Customer fee

The customer fee applies to all investments held across your individual Barclays Smart Investor accounts. This annual fee is 0.25% up to £200,000 and 0.05% on investments over £200,000.

It is charged only on investments such as funds and shares there is no charge to hold cash. This fee is calculated daily and charged monthly on the anniversary date of your account opening and will be notified to you. We’ll collect it 15 working days later from your investment account. Alternatively, you can pay by debit card or set up a monthly Direct Debit.

Please note, if you became a Barclays Smart Investor customer before 6 February 2024, you may pay a different customer fee. Please refer to your Welcome Pack which can be found under Statements and Documents when you log in to Online Banking.

How much does it cost to invest?

Our pricing is simple and easy to understand. Use our calculator to find out how much it might cost you to invest with Barclays.

Transaction fees

Activity Cost
Buying and selling shares* £6 per deal**
Buying and selling funds No charge
Regular investments No charge
Dividend reinvestment No charge
Holding cash No charge
Transferring investments No charge
Cash withdrawal and account closure No charge

*Including ETFs, investment trusts, bonds and gilts 

**Online dealing only. Taxes may apply when buying shares. A foreign exchange and an international brokerage fee will be charged when trading international shares.

The transaction fee is charged at the time of the transaction and is taken directly from cash you have in your investment account. Before placing a trade, you’ll always be shown the fees that apply. For trading international equities, please also refer to the foreign exchange fees.

How we deal with unpaid fees

If fees are not settled on the date they’re due, you’ll enter the debt management process. If outstanding fees are not settled and they reach £12, some of your investments may be sold to raise cash to cover them.

Product fees

Funds, Exchange Traded Funds (ETFs) and investment trusts have product fees that are charged by the fund manager to cover the buying and selling of the underlying investment and its ongoing management. Unless you’ve chosen a Barclays-managed fund, the product costs don’t come to us.

Adjustments are made daily to the net asset value of the fund, and the product fees are taken from the value of the investment, so you won’t pay these fees directly or see them on your statements.

Many investment providers, such as fund managers, are required to show how they assess fair value. Fair Value Assessments are how firms demonstrate the price you pay for a product or service is reasonable compared to the benefit you can reasonably expect to get.

You might want to take this information into account when reviewing your investments. Fair Value Assessments may be available on your chosen investment providers website, or you can contact them to request further information.

Pension Account Administration charges

In addition to the customer and transaction fees, these are Pension Account Administration charges if you currently have a Barclays SIPP. All SIPP accounts pay an AJ Bell Administration fee of £31.25 + VAT per quarter or part thereof (£125 + VAT p.a). This fee will be collected by Barclays and paid to AJ Bell. No part of this fee is kept by Barclays.

Depending on your activity additional SIPP charges may apply. See a full list of SIPP fees. [PDF, 194KB]

Interest rates

You’ll earn interest on any uninvested cash you hold in an Investment ISA and SIPP account. Unless you’ve opted out, cash held in an Investment Account will be moved each day to an Investment Saver where it also earns interest.

Investment ISA
Investment Saver Investment Account SIPP

1.65% AER/gross per year variable for balances from £1 up to and including £10,000

1.15% AER/gross per year variable for additional balances of £10,000.01+

1.65% AER/gross per year variable for balances from £1 up to and including £10,000

1.15% AER/gross per year variable for additional balances of £10,000.01+

0%

1.65% AER/gross per year variable for balances from £1 up to and including £10,000

1.15% AER/gross per year variable for additional balances of £10,000.01+

Barclays Investment Solutions Ltd holds all uninvested cash as Client Money with a selection of approved banks or other third parties. View details of the current panel.

We may receive bank interest on Client Money held in Client Money Bank Accounts. This will be retained by us and not paid to you. However, we may pay you a contractual rate of interest on your Client Money at rates determined by us and set out on our website. The rate of contractual interest is subject to change (upwards and downwards) and in certain circumstances we may cease to be able to pay it.

Interest is paid on the first day of each month, based on the cash held in your account the previous month. Rates may change from time to time. AER (Annual Equivalent Rate) illustrates what the interest rate would be if interest was paid and compounded once each year.

Foreign exchange fees

You’ll need to pay a foreign exchange fee when buying and selling international equities, which is based on the value of the trade.

Trade value FX charge on trade value
First £5,000 1%
Next £5,000
0.75%
Next 15,000
0.5%
Next £225,000
0.25%
Value over £250,000 0.1%

You’ll always see the estimated rates and charges before you place a trade, and we’ll confirm all the rates and charges once it’s been executed – they’ll also be in your contract note.

We use spot foreign exchange agreements for setting International orders.

When you buy and sell on an international exchange, the trade happens in the local currency. To convert the currency, we need to enter into a spot foreign exchange (spot FX) agreement. We make these agreements with another part of the wider Barclays group called Barclays Bank plc (BARX), who may make a profit.

These agreements mean we can trade one currency against another currency at an agreed exchange rate. The agreed exchange rate is called the ‘spot FX rate’.

In executing the FX trade, using the FX rate provided by BARX, we’ll always look to act in your best interest. We’ll show you the rate used to convert the currency for settlement and accounting purposes. Please note that the value of international investments is affected by currency fluctuations.

Taxes and levies

When you buy shares, including investment trusts, Governments impose taxes and levies at the following rates:

UK taxes and levies

Charge Amount
Stamp Duty Reserve Tax on UK equity purchases
0.5%2
Stamp Duty on Irish registered stock
1%
The Panel of Takeovers and Mergers levy on all UK equity transactions of £10,000 or more
£1

International taxes and levies

Exchange
Taxes and levies
USA Security and Exchange Commission fee: applies to the sale of US exchange listed shares, separate from any brokerage fee, and is typically subject to annual/mid-year adjustments. This is set to be 0.00278% of the sale value (excluding transaction fees) of US equities.
Canada
Nil
France French Financial Transaction Tax: charged at 0.3% of the acquisition value (excluding transaction fees) of equities of French companies with over €1 billion market cap.
Germany Nil
Switzerland Nil
Sweden Nil
Netherlands Nil
Spain Spanish Financial Transaction Tax: charged at 0.2% of the acquisition value (excluding transaction fees) of equities of Spanish companies with over €1 billion market cap. Also charged on Spanish denominated stock listed on the London Stock Exchange. The majority listed on LSE’s Alternative Investment Market aren’t included. 

International brokerage charge

Charge Amount
There’s a brokerage fee for all trades on international exchanges, charged by the underlying market. 0.03%

UK Platform Group

Members of the UK Platform Group have developed a factsheet to help consumers compare platform charges – the factsheet outlines the types of charges imposed by platforms and the different labels that are used across the industry to describe such charges.

Charges Factsheet [PDF, 87KB]

You may also be interested in

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.

Investment ISA

Easy, tax-efficient, low-cost investing

Grow your money in a tax-efficient ISA. Invest up to £20,000 per year with a simple low annual charge and dedicated customer support.

Get started in minutes and secure your annual allowance with a debit card, a monthly Direct Debit or by moving money from your Barclays account. There’s no charge to hold cash if you need some time to decide where to invest. 

You can also transfer an existing ISA1to benefit from our award-winning ISA service.2

 ""

Self-Invested Personal Pension (SIPP)

A tax-efficient way to save for retirement

Our award winning Self-Invested Personal Pension (Best SIPP award 2022 at the Shares Awards) is designed to help you prepare for retirement.

Let us help you build your retirement pot and make your own investment decisions.