Interactive Investor - fees taking me to a negative cash balance

jimjames

FIREmenow said:

aroominyork said:

FIREmenow said:

As a one-off, if you have a trading account you should be able to add cash to that for the fees instead of messing with your SIPP.  On some packages there is a charge for having a trading account though.

When the DD for my ISA fees didn't change over in time they took the monthly fee from cash in my trading account (without letting me know!).

I'm not talking about the monthly fee which is taken from my trading account. I'm talking about the individual transaction fee.

I know that. I was suggesting a possible option to pay the owed transaction fee without selling investments or adding to the SIPP.

But surely it's better to add to the SIPP at least from an MSE perspective because it will be boosted by tax relief so your fees will cost you less.

FIREmenow

I didn't suggest it would be better or worse, just a potential alternative.

Some people max out their pension contributions whereby that wouldn't be an option.