Our service fees

A clear approach to fees

We believe in giving you great value, so we charge an annual service fee, payable monthly, based on the value of all your investments. We add all your accounts together before we work out which fee band you’re in, meaning we’ll charge you the lowest rate.

The chart below shows how this fee changes, as your investments increase.

Total value of investmentsService fee (annual amount or rate)
£0 to £7,499.99 £45 without monthly regular savings plan
0.35% with monthly regular savings plan
£25 for Junior ISAs/Junior Pensions
£7,500 to £249,999.99 0.35%
£250,000 to £1 million 0.20%
No further service fee is charged for assets held above £1 million
* Please note that the service fee will be charged on the entire portfolio.
For exchange traded instruments including investment trusts, this is capped at £45.
There is no service fee for these investments held in the Fidelity Investment Account.

How and when we take our fee

Individual accounts

We calculate the service fee at midnight on the first of every month.

We include any joint accounts when we’re adding up all your investments to work out what service fee rate you pay, ensuring the lowest possible charge.

The total value is then divided by 12 to determine the monthly amount that’s taken from your individual account, which is deducted around the 15th of the month.

We’ll take the service fee directly from your cash account, so we recommend always having cash in that account. If you don’t have enough, we’ll take it from your largest investment in the account.

Joint accounts

We calculate the service fee at midnight on the first of every month.

We only count your joint accounts when we’re working out the service fee on them.

The total value is divided by 12 to determine the monthly amount that’s taken from your joint accounts, which is deducted around the 15th of the month.

We’ll take the service fee directly from your cash account, so we recommend always having cash in that account. If you don’t have enough, we’ll take it from your largest investment in the account.

In most cases, this won’t actually make any difference to what you pay, as taking 0.35% from two accounts separately is the same as taking 0.35% from the accounts added together.

However, if you hold £5,000 in an individual account (such as an ISA) and £5,000 in a joint account, you’d pay the 0.35% service fee on the individual account (as the total value of investments is over £7,500 [£5,000+£5,000=£10,000]) plus the £45 a year fee on the joint account (as it’s below £7,500) - unless the joint account has a monthly regular savings plan of at least £50.

Putting it into practice

Here are some scenarios, for illustrative purposes only, that show how we would calculate what you would be charged. If you have less than £7,500 in total there will be a flat fee of £45 a year (£25 for Junior ISA and Junior SIPP), although this changes to 0.35% if you have a monthly regular savings plan (RSP). We will usually collect this fee in arrears in monthly instalments of £3.75 (or £2.08 for Junior ISA and Junior SIPP).

Example of what you could pay
Amount invested Annual service fees with monthly RSP Annual service fees without monthly RSP
£5,000 £17.50 (0.35%) £45 (flat fee)
£7,499 £26.24 (0.35%) £45 (flat fee)
£7,500  £26.25 (0.35%)
£12,500  £43.75 (0.35%)
£20,000  £70.00 (0.35%)
£55,000  £192.50 (0.35%)
£249,999  £874.99 (0.35%)
£250,000  £500.00 (0.2%)

Fidelity fees on multi-linked accounts

The fees mentioned above are for investments held directly with Fidelity.

If you hold some investments through a financial adviser, then the charges will be different from the ones you hold directly with us.

We suggest you speak with your financial adviser to find out more about what charges and fees will be applied.

Fidelity service fee guide

Read the guide

Find out more about our fees and charges