New-santander investment hub

george4064

Asghar wrote: »

Came across this old thread after googling because a friend of mine wants to invest in an ISA for the first time.

He is only looking to invest £50 per month in a global fund and the Santander Investment Hub seems ideal. The 0.35% platform fee includes paper statements and there's also no exit or transfer fees. There are cheaper platforms but they have larger minimum lump sum and monthly payments.

Are the past negative comments because people already with a Santander ISA were being moved to this new platform and asked to pay the extra platform charge?

Lots of platforms would allow a new client investing £50 per month..

I recommend you/your friend study this investment platform comparisom table: http://monevator.com/compare-uk-cheapest-online-brokers/

Sean473

I was with Santander... For a small £50 a month investor, it's good... For larger more demanding investors like me, not that good...

I'm moving to TD Direct, not the best choice for your friend due to the platform fee for holdings below £5000...

Sally1436

Does anyone know how to find out what interest you have been paid? I have an investment accoubt in santander hub and am struggling to see where the information is.

I really donr understand this hub, which my money was automatically transferred into. Will be tsking it out very soon.

dunstonh

answered on your duplicate post:
https://forums.moneysavingexpert.com/discussion/5769201