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Can you setup monthly direct debit payments into an isa with iWeb?
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maz_hartley
Posts: 122 Forumite
I’m new to iWeb. Setup an account and once I have the funds will deposit into a s&s isa. Do iWeb allow monthly direct debit payments into an s&s isa as looking around their site I can’t find an option to do this?
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Comments
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They don't have a regular investing service. This means you would have to log in and invest your money however it was paid in. It's quite easy to add money via debit card and this is available for investment immediately.
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You may want to save up first elsewhere (eg Bank Regular Saver) and then deposit lump sums, as they have a £5 per trade fee.
Bit of a dent in your investments if they're deducting this from relatively small monthly amounts.How's it going, AKA, Nutwatch? - 12 month spends to date = 2.60% of current retirement "pot" (as at end May 2025)2
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