iWeb increasing the account opening charge....

Aylesbury_Duck

notavailable said:

I was intending to open an iweb S+S ISA in April because I have maxed out my ISA allowance for this year already but could I open a share dealing account now with a token balance and then add the S +S ISA later for free to avoid the price increase ?

If you've maxed your allowance, why not open the iWeb account now and transfer in what you've accumulated?  You won't be investing again this year so why leave it where it is where it's (presumably) costing more to hold?

If you want to leave the current money where it is (perhaps it's cash?) then yes, see my post above yours. Open an ISA now for £25, it comes with a free share dealing account.  If you want to play safe, stick the minimum £2 in the share dealing account then even if they close your ISA between now and April, you can re-open one at no charge.