Barclays Stocks and Shares ISA
Barclays is of the UK’s leading execution-only stockbrokers offering investors a cost effective and convenient way to make their own investment decisions. Barclays is a British multinational banking and financial services company headquartered in London. It has operations in over 50 countries and territories and has around 48 million customers.
Choosing an investment ISA
Making sure you shop around ISA providers before committing to a product is a wise thing to do, as you can only open one new ISA of each type per tax year. It may be possible to transfer accounts, however, this could incur charges and leave you with less than you started.
When looking for an investment ISA you may want to consider things such as minimum investment charges and the range of products it allows you to invest in.
Use the tables on this website to compare a selection of different types of ISA from a range of providers. Follow the links to find out more and apply.
Barclays Stocks and Shares ISA Review
Here is a review of what Barclays offer with their Investment ISA:
- Customers can add up to £20,000 before 6 April 2020 and pay no Income Tax and Capital Gains Tax
- You can choose from over 2,000 funds and bonds
- Barclays allow you to earn interest on your money (on balances over £1,000) while you choose your investments
- There is no ISA admin fee, initial or dealing charges if you only invest in funds although fund-related fees do still apply
- Access research, market insight and online tools to help you make your investment decisions
- Online access 24 hours a day, 7 days a week to monitor, top up and manage your money
- No account administration fee when you only hold funds, although fund related fees will still apply
- Barclays refund transfer-out costs charged by your previous investment service , up to £500
Barclay’s offer a great investment option and their pledge to refund transfer-out costs provides a smart way to transfer without losing out. They also don’t require that you already be a Barclay’s customer to use their ISAs.