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Fees, charges and key documents

Keeping you up-to-date

It’s natural to be interested in the performance of your investments,

but it’s just as important to know the fees and charges.

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 

Advice fee

To help you invest you can also choose to receive investment advice either from one of our qualified advisers or through our Digital Investment Adviser. Both have their own one-off charge:

Digital investment advice

£20

Person-to-person advice

£500+

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.

AccountInterest
Cash Only Account2.20% AER/gross (variable)
Stocks and Shares ISA2.20% AER/tax-free (variable)
Investment Account

2.20% AER/gross (variable)

Personal Pension Account2.20% AER/tax-free (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. Any interest due will be calculated daily and paid monthly.

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 sliceFee on this slice
£10,0000.35%£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 sliceFee on this slice
£50,0000.35%£175.00 (0.35% x £50,000)
£150,0000.20%£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 (539 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?

250,000+

people choose to invest with us

£6.4 billion

invested using the Investment Hub

Around 900

funds available on the Investment Hub

25+ years

experience providing investments


Source: Santander UK plc as at July 2022

 

Moneyfacts award for best stocks and shares ISA provider 2018-2022
Moneyfacts award for best stocks and shares ISA provider 2018-2022
Moneyfacts award for best stocks and shares ISA provider 2018-2022
Moneyfacts award for best stocks and shares ISA provider 2018-2022
Moneyfacts award for best stocks and shares ISA provider 2018-2022