Best platform for monthly deposits

edited 30 November -1 at 1:00AM in ISAs & Tax-free Savings
2 replies 1.5K views
jrb4434jrb4434 Forumite
24 Posts
edited 30 November -1 at 1:00AM in ISAs & Tax-free Savings
Hi all.... It's been a while sine I visited the forum.
I have a Lump sum (VLS 100 AC) in a Halifax share dealing ISA.
I've maxed the last two years allowence but looking to make monthly payments as off next year. I'll start with a small lump sum but after I'll be putting £500-1000 a month.
I don't really want to pay £12 on every monthly deposits so..... Where to go?!

Replies

  • diamondchapdiamondchap Forumite
    26 Posts
    Fifth Anniversary 10 Posts
    Monthly payments are only £2 per trade with Halifax. Look up 'regular investments' on their website (sorry, can't post links)
  • VortigernVortigern Forumite
    3K Posts
    Tenth Anniversary 1,000 Posts Photogenic Name Dropper
    ✭✭✭✭
    You could do the monthly purchases via Cavendish Online (no transaction fee)

    There is an annual fee of 0.25% but when that becomes a significant amount you can ISA transfer to Halifax.

    There is no transfer-out fee from Cavendish at present.
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