Open an account
Everything you need to know to get started
Important information - the value of investments and the income from them can go down as well as up so you may get back less than you invest. This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity's advisers or an authorised financial adviser of your choice. Tax treatment depends on individual circumstances and all tax rules may change in the future. Withdrawals from a Junior ISA will not be possible until the child reaches age 18. You can't normally access money in a pension until age 55 (57 from 2028).
Open an account in 3 steps
Choose an account
Whether you're saving for a specific goal, retirement or your children's future, we have an account to support you.
Add money to your account
As part of opening your account you'll need to add cash to it or transfer your investments from another provider. You'll then be ready to invest - step 3.
Choose your investments
Now your cash is in your account, it's time to choose your investments from the thousands on offer and start investing.
1. Choose an account
Stocks and Shares ISA
Our award-winning Stocks and Shares ISA benefits from great tax advantages. Invest up to £20,000 a year - from as little as £25 a month or a £1,000 lump sum - with tax-free returns.
Self-invested personal pension (SIPP)
Invest for your retirement from £20 a month and HMRC will contribute at least 20% to each payment you make. You can withdraw from your pension at 55 (57 from 2028).
Investment Account
There's no limit to how much you can invest with our Investment Account. Any earnings are subject to UK tax. Start from as little as £25 a month or a £1,000 lump sum.
We don't charge service fees on our junior accounts, so more of your contributions go towards the investments for them.
Junior ISA
Invest up to £9,000 a year for a child's future, starting from as little as £25 a month or a £100 lump sum, and pay no UK tax on any earnings. The child can access the money when they reach 18.
Junior SIPP
Invest up to £2,880 a year - from £20 a month - and HMRC will add 20% to each payment you make. Control passes when the child reaches 18 and they can withdraw from 55 (57 from 2028).
2. Add money to your account
As part of opening your account you'll be shown how to add cash to it. There's three ways you can do this:
- a single payment with a debit card
- setting up a regular savings plan
- or transferring your investments from another provider
If you've got ISAs, pensions or investment accounts spread across different providers, transferring them to Fidelity can help you manage them quickly and easily in one place. We'll cover any exit fees your current provider may charge when transferring your investments - up to £500 per person. *T&Cs apply. Learn more about transferring to Fidelity.
3. Choose your investments
Once you've opened an account, it's time to choose your investments. We've plenty of tools to help you decide, depending on how much support you want. If you're looking for sustainable investments, we have a tool dedicated to this as well.
Important information - please note that these guidance tools are not a personal recommendation in respect of a particular investment. If you need additional help, please speak to one of Fidelity's advisers or an authorised financial adviser of your choice. You should regularly reassess the suitability of your investments to ensure they continue to meet your attitude to risk and investment goals.
Investment ideas for 2024
If you're looking for investment ideas, Investment Director Tom Stevenson shares four funds he's chosen to invest in this year.
Open an account FAQs
New to investing?
We'll help you get on the right track. Our Investing for beginners page introduces you to key investing terms and tools that will help you decide how and if you're ready to invest.
Personal financial advice
If you have more than £100,000 to invest, our financial advisers can help you make the most of your money. Just call us on 0800 222 550 for a free no-obligation discussion about your needs.
Your Junior SIPP checklist
If you’re ready to proceed, you'll need:
- Your National Insurance number
- If the child is 16 or above - Junior's National Insurance number and their agreement to the tax relief declaration. The child must be present to provide their confirmation.
Once the account is open, you’ll be able to contribute by:
- Making a single payment via debit card, bank transfer or cheque
- If you want to set up regular contributions by direct debit or request payment from a third party, a form will be available to download at the end of the application.
Compare accounts
If you're looking at this on your mobile or tablet, please scroll to the left for more.
| Stocks and Shares ISA | Self-Invested Personal Pension (SIPP) | Investment Account | Junior ISA | Junior SIPP | |
|---|---|---|---|---|---|
| Invest from | £1,000 lump sum or £25 per month | £800 lump sum or £20 per month - HMRC will add basic tax relief of 20% to each payment (or more if you pay higher tax rates) | £1,000 lump sum or £25 per month | £1,000 lump sum or £25 per month | £800 lump sum or £20 per month - HMRC will add 25% to each payment |
| Max annual contribution (current tax year) | £20,000 | Tax relief up to £60,000 or 100% of your earnings if you earn less than this. | Unlimited | £9,000 | £2,880 from the child and £720 in tax relief making a total of £3,6001 |
| Tax | Earnings free of UK tax | Earnings free of UK tax | Subject to UK tax | Earnings free of UK tax | Earnings free of UK tax |
| Restrictions | None | Withdraw up to 25% tax free from 55 (57 from 2028) | None | Transfers to child when 18 | Transfers to child when 18. Child can withdraw from retirement age – currently 552 |
| Annual service fee | From 0.2% to 0.35% | From 0.2% to 0.35% | From 0.2% to 0.35% | No service fee | No service fee |
| Explore Stock & Shares ISA | Explore SIPP | Explore Investment Account | Explore Junior ISA | Explore Junior SIPP |
1for children who aren’t earning.
2Withdrawals could be subject to income tax and tax rules could change in the future. The minimum age that most customers can access their pension benefits is age 55 (57 from 2028).
Open an ISA
If you're ready to proceed, make sure you have the following information with you:
- Your National Insurance number.
- Debit card details, if you'd like to open the account with a single payment - minimum £1,000.
- Bank or building society details, if you'd like to set up a regular savings plan - minimum £25 a month.
Open a SIPP
If you're ready to proceed, make sure you have the following information with you:
- Your National Insurance number
- Debit card details, if you'd like to open the account with a single payment - minimum £800.
- Bank or building society details, if you'd like to set up a regular savings plan - minimum £20 a month.
- Your annual allowance (if you're over 55)
Open an Investment Account
If you're ready to proceed, make sure you have the following information with you:
- Debit card details, if you'd like to open the account with a single payment - minimum £1,000.
- Bank or building society details, if you'd like to set up a regular savings plan - minimum £25 a month.
- Your tax identification number (if your tax residency is outside the UK)
Open a Junior ISA
Make sure you have the following information with you:
- A National Insurance number for the junior account holder (if they have one)
- Debit card details (for a single payment)
- Bank or building society details (if you’re planning on setting up a regular savings plan)
Open a Junior SIPP
If you’re ready to proceed, you'll need:
- Your National Insurance number
- If the child is 16 or above - their National Insurance number and their agreement to the tax relief declaration. The child must be present to provide their confirmation.
Exit fees terms and conditions
In order to request exit fees re-imbursement you will be required to complete an exit fees re-imbursement form which you can download by clicking here, or request over the phone by calling us on 0333 300 3351.
Terms and conditions for re-imbursement of exit fees
This offer does not apply to any investments linked to an Adviser / Intermediary or third party.
Fidelity will reimburse the exit/redemption fees charged to a customer by their former provider/s when they move their investments (minimum of £100) to Fidelity Personal Investing, up to a maximum amount of £500 per customer.
An exit fee is an administration charge which is imposed by the former provider and arises directly as a result of processing the transfer or re-registration of the customer’s investments to Fidelity. Fidelity will not reimburse the customer for any loss of investment returns, loss of interest, dealing charges, penalties for transferring investments before their maturity dates or any other charges associated with your transfer or re-registration.
Where a re-registration or transfer is not possible and the customer chooses to sell their investments held through another provider and subsequently make new investment/s (minimum £10,000) through Fidelity Personal Investing, Fidelity will cover any account closure fees charged by the customer’s former provider (excluding any dealing charges) of up to £500 per customer. Fidelity will not cover any bid-offer spreads or any capital gains tax liability arising as a result of these transactions.
Exit and account closure fees reimbursement must be claimed within a 6 month period from date of transfer of the customer’s investments to Fidelity. Exit fees will be reimbursed for transfers and re-registrations and account closure fees will be reimbursed provided the conditions above are met. Products included: ISAs, Investment Accounts, EBS SIPP, Fidelity Personal Pension, Fidelity SIPP, Unit Trusts, OEICs, SICAVs, Exchange Traded Funds, Investment Trusts and Shares.
To qualify for the reimbursement, the fees from the customer’s former provider must have been triggered as a direct result of the transfer or re-registration to Fidelity Personal Investing, or the closure of an account where the customer has subsequently (within 6 months) invested at least £10,000 through Fidelity Personal Investing. If the customer is transferring investments to more than one provider from their former provider at the same time, Fidelity will only reimburse the fees which are incurred as a result of direct transfer or re-registration to Fidelity. Other fees or charges unconnected with the transfer will not be reimbursed.
The completed Exit Fee Reimbursement Form and documentary evidence of the charge will need to be provided in order for the exit fees to be reimbursed to the customer. To claim the reimbursement of any account closure fees, documentary evidence of the closure fee levied will need to be provided to Fidelity, along with confirmation that a minimum of £10,000 has been invested with Fidelity within 6 months of incurring such closure fee.
The documentary evidence referred to above, must be either a copy of the charge confirmation letter from the former provider or a statement showing the charge being deducted.
Payment will be made to the customer by BACS when a bank mandate is held on the account. Alternatively, payment will be made by cheque.
