It’s natural to be interested in the performance of your investments,
but it’s just as important to know the fees and charges.
At Santander, all your investments in a stocks and shares ISA, Investment Account, or a Personal Pension Account are held and managed on our Investment Hub.
Investment platform fee
All investment providers charge a fee for using their investment platform. At Santander all your investments are held and managed on our Investment Hub,
Plus:
- The fee is calculated daily and charged twice yearly (just after 1 May and 1 November each year).
- The annual fee lets us provide a secure platform for transactions and arranging the investments, as well as help for you through our investment centre helpline.
- Our fee is a percentage of your total investments on the Investment Hub. The more you invest, the lower percentage fee you'll pay, though only when you reach certain amounts. See our examples below for more details.
0.35%
a year on first £50k
0.20%
a year on £50k to £500k
0.10%
a year on £500k+
For example if:
You invest
£10k
Our fee
0.35% p.a
You pay
£35 a year
The maths:
£10k x 0.35% = £35
Charges to run your fund
There are costs and charges for managing an investment fund. This is called the ongoing charges figure (OCF), which the fund manager takes off the value of the fund.
You can find the OCF for each fund in its Key Investor Information Document. This means you can easily compare the charges on different funds.
How to pay our platform service fee
It’s easiest for you to pay our platform service fee by Direct Debit.
If you've not set up a Direct Debit, and there's too little in your Investment Hub Cash Only Account to pay the fee when due, we'll need to sell some of your investments to cover it.
We pay these interest rates on cash you hold in the Investment Hub.
| Account | Interest |
|---|---|
| Cash Only Account | 2.20% gross/2.22% AER (variable) |
| Stocks and Shares ISA | 2.20% tax-free/2.22% AER (variable) |
| Investment Account | 2.20% gross/2.22% AER (variable) |
| Personal Pension Account | 2.20% tax-free/2.22% AER (variable) |
If you’ve invested in the Model Portfolio Service, we pay the above interest rates on any cash your portfolios hold.
Interest rates can be changed at any time.
AER stands for Annual Equivalent Rate and shows what the interest rate would be if we paid interest and added it to your account each year. The gross rate is the interest rate we pay where no income tax has been taken off. The tax-free rate is the rate of interest payable where interest is exempt from income tax.
Other than cash held in an ISA and Personal Pension Account, interest is paid after basic rate tax has been taken off. Any interest due will be calculated daily and paid monthly.
- Santander Investment Hub Terms and Conditions (PDF - 912 KB)
- Santander Investment Hub Key Features Document (including fees, charges & interest rates and best execution policy) (PDF - 659 KB)
- Santander Investments Conflict of Interest Policy (PDF - 52 KB)
- Santander ISA Managers Limited disclosures
Structured products
Example 1
If the total amount invested in funds is £10,000. Then the annualised total fee would be calculated as follows:
| Value held in Investment Hub | % p.a. on this slice | Fee on this slice |
| £10,000 | 0.35% | £35.00 (0.35% x £10,000) |
Total Platform Service Fee per year: £35.00
Example 2
If the total amount invested in funds is £200,000. Then the annualised total fee would be calculated as follows:
| Value held in Investment Hub | % p.a. on this slice | Fee on this slice |
| £50,000 | 0.35% | £175.00 (0.35% x £50,000) |
| £150,000 | 0.20% | £300.00 (0.20% x £150,000) |
Total Platform Service Fee per year: £475.00
You can find more details about the Platform Service Fee in the Investment Hub Key Features Document (PDF - 659 KB). It also includes detail on other fees, charges, interest rates and our best execution policy.
As with all investments your capital is at risk and you may get back less than you invest.
As with all investments your capital is at risk and you may get back less than you invest. Investments should be held for the medium to long term (5+ years), unless there is a fixed term that applies.
Why invest with Santander?
Source: Santander UK plc as at October 2024