Compare Barclays ISAs
Compare ISAs from Barclays and other ISA options available.
Investment ISAs put your capital at risk & you may get back less than you originally invested
- Fund Choice: Access 40,000+ UK, US and international shares on 17 global exchanges. Choose from over 3,000 funds
- Invest From: £25 pm
Why we like it: An award-winning ISA that gives you complete control. The second largest platform in the UK with the widest choice of investment options in the market including funds, investment trusts, ETF’s and more. Open online in less than 10 minutes. Access to expert independent ideas and analysis. Low cost fees and trading. Capital at risk.
- Fund Choice: Invest in over 2,000 funds, plus Exchange Traded Funds, Investment Trusts, UK & International shares and more. Five Ready-made Investment funds if you’re not sure where to invest. Capital at risk.
- Invest From: £50
Why we like it: Voted Best Stockbroker at the Online Money Awards 2023. Low cost investing, with no charge to buy or sell funds. UK based support team available by phone and online.
- Fund Choice: Offering commission-free DIY investing from a choice of 700 ETF's, or low-cost professionally managed income or growth portfolios built for you
- Invest From: £100
Why we like it: Make the most of the world’s best ETFs commission free. Build your own portfolio commission free or leave it to our experts for just 0.25%. Zero‑ISA fees. Choice of 700+ ETFs. Low cost, diversified, index-tracking of stock markets, bonds and commodities. DIY or Managed. ETF costs apply. Capital at Risk
- Fund Choice: Over 12,500 investments, or a choice of five managed funds
- Invest From: No minimum
Why we like it: Take charge of your investment decisions and invest from just £1 to build your investment portfolio from over 12,500 investments, from stocks and shares, funds, ETFs and more. Low platform fee is a maximum 0.30%. Alternatively choose an expertly managed portfolio by selecting from a range of five actively managed funds that most closely matches your investment objectives and risk appetite with an annual review to ensure to ensure your money is being managed in a suitable investment strategy. Advice is restricted to Charles Stanley Direct’s in-house funds and is subject to a minimum investment £20,000. Capital at risk.
- Fund Choice: Nutmeg offer 5 investment styles with ETFs, using technology to keep charges low
- Invest From: Min. £500
Why we like it: Get a stocks & shares ISA portfolio – Choose one of five investment styles, either fully managed by Nutmeg’s expert team or a fixed allocation portfolio. No tie-ins, no set-up fees, no exit charges. Easy, online set up. Start with as little as £500. Portfolio management fees of 0.45%-0.75% up to £100k. 0.25%-0.35% beyond £100k. There are also underlying investment charges, see the fees page. Plus, live chat, amazing customer support and brilliant investor tools and guides. Nutmeg are regulated by the FCA & are covered by the FSCS. ISA eligibility and tax rules apply. Capital at risk. Approved by Nutmeg 09/08/2024
- Fund Choice: Invest in over 2,000 funds, shares and more across 25 markets
- Invest From: £25 pm
Why we like it: Invest in over 2,000 funds, shares and more across 25 markets. Invest from £25 per month. Which? Recommended Provider for Investment Platforms 2019–2023. Low-cost online dealing from £3.50. Open your account in minutes from app or website, manage your portfolio on the move. FSCS protected. Capital at risk
- Fund Choice: 10 managed portfolios to choose from. Choose your risk profile and have an investment Plan built and managed for you
- Invest From: £1
Why we like it: Choose your level of risk from cautious to adventurous and have a plan expertly created and managed for you. Create multiple Plans – including Ethical Plans – with different risk levels. Invest as little or much as you like, add regular payments and top up whenever you like. Withdraw money or transfer out without notice or penalty fees. Wealthify app lets you check how your Plan is performing, manage your transactions and provide investment news and insights. Simple annual management charge of 0.6%
- Fund Choice: Invest in the Shepherds With Profits Fund which offers medium to low risk investing, with the aim of growing your money in a smooth manner over the long term
- Invest From: £30 pm
Why we like it: You don’t have to make any tricky investment decisions; your money will be invested in Shepherds With Profits Fund, and the bonuses you could receive will depend on the future performance of the fund. To try to achieve higher returns for you, your money is invested in a variety of assets, the majority of which consist of stocks and shares, but also property, bonds and cash. While returns are not guaranteed in stocks and shares investments and the value can go down as well as up, Shepherds apply a process known as ‘smoothing’ that attempts to even out fluctuations in the value and aims to keep a consistent level of bonus payments. Capital at risk.
- Fund Choice: Choose from a range of 36 funds and ETFs and 20 US stocks. Select one of three simple starting options with a range of tracker funds or build your own investment portfolio by customising your investment options
- Invest From: £1
Why we like it: Choose from a range of 36 funds and ETFs and 20 US stocks to invest with Moneybox. Earn 3.5% AER Variable on any uninvested cash you hold. There are additional fees charged directly by the fund provider. Please check the key investor information document (KIID) for a particular fund for more information. Keep things simple and get started with one of our three starting options: Cautious, Balanced or Adventurous – and customise your investments to align with your values. Open with as little as £1. When investing, your capital is at risk
- Fund Choice: Choose from over 3,000 funds, shares, investment trusts and more to build your portfolio
- Invest From: £25 pm or £100 lump sum
Why we like it: Hargreaves Lansdown are the UK’s no. 1 investment platform for private investors – kickstart your investing with their award-winning ISA. Choose your own investments with expert research and ideas to help you, or simply pick a ready-made portfolio. Manage via website, app or phone. Capital at risk.
- Fund Choice: TILLIT filter the market and select the best-in-class active and passive funds across asset classes, regions and styles
Why we like it: Let Tillett filter the market for you. From well-known classics to trailblazers and wildcards. No one needs 5,000 funds. Get breadth and variety, without the choice paralysis
- Fund Choice: Invest in 6,100+ US, UK & European stocks & ETFs commission-free
- Invest From: £2
Why we like it: Commission-free investing: No fees for buying or selling stocks (other charges may apply). Support: Fast and friendly customer support. A wide range of investments: 6,100+ US, UK, and European stocks, ETFs, and investment trusts. Low monthly fees: From £4.99/month. Capital at risk. Other charges may apply
- Fund Choice: Allocate your savings between a cash money market fund from L&G and investment shares fund from Fidelity
- Invest From: £10
Why we like it: App based stocks & shares ISA account. Choose to allocate your contributions between the two funds on offer in whatever proportion you choose: a shares fund (Fidelity Global Index fund) which aims to track the performance of global stock markets and therefore large companies such as Amazon, Facebook, Google and Johnson & Johnson, and a cash fund (Legal & General Cash Trust fund) which aims to provide returns in line with money market rates. Annual fee of 0.5% on the value of any investments. Two funds with their own management fees of between 0.12% and 0.15%. Change your allocation at any point. Option to opt into Round ups – collected from your bank by direct debit on a weekly basis and invested in line with your investment allocation
- Fund Choice: Invested in a single fund - the Unitised With-Profits fund. A mixed managed fund from Scottish Friendly where premiums are pooled with those of other clients and returns are linked to the performance of the underlying assets within the fund
- Invest From: £10 pm o r £100 single
Why we like it: Invest from only £10 a month, lump sums from just £100 or a combination of both using your tax-free Investment ISA allowance. You can stop, restart, raise or lower your payments or your investments and cash in whenever you want. When you set up a My MoneyBuilder Select (ISA), your money will be invested in a single fund – the Unitised With-Profits fund. A mixed managed fund from Scottish Friendly where premiums are pooled with those of other clients and returns are linked to the performance of the underlying assets within the fund. Remember the value of investments can go down as well as up, and you could get back less than you’ve paid in. If you cash in before the end of 5 years there will be a £50 deduction from your cash-in value.
- Fund Choice: Choose your risk profile and have it matched to an investment portfolio expertly built and managed.
- Invest From: £1,500
Why we like it: Answer questions about your goals, financial situation and attitude to risk, and Moneyfarm will recommend the right ISA portfolio for you, built and managed by experts to help your money grow. You’ll always be invested in a portfolio that’s suitable for you, and you can manage this through the Advice Centre. See what you’re invested in, how you’re performing and how much you’re paying anywhere and any time with the Moneyfarm app. Add money to your ISA by setting up a direct debit, investing a lump-sum, or by transferring old ISAs for free. Capital at risk.
- Trade From (frequent trader rate): £3.00
- Trade From (standard trader rate): £8.00
Good to know: Pay zero commission on US share trades, and just £3 on UK share trades, when you trade three or more times a month with IG. No admin or transfer fees. Custody fee of £24 per quarter, charged if you hold share dealing or ISA assets at the end of the quarter. Capital at risk. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider
- Fund Choice: Choose from over 4,000 investment options, including one of the widest fund ranges in the UK. With online guidance tools and expert fund ideas to help you choose
- Invest From: £25 pm
Why we like it: This award-winning ISA has an extensive range of investment options, including thousands of funds and shares, plus a guidance service to help you find investment ideas. There is a low service fee (typically 0.35%), easy online application process and apps to manage your money on the move. Additional charges apply depending on your choice of investments. Plus, everything is backed by Fidelity’s 50 years of investment experience. Boring Money Best Buy ISA 2023
Who are Barclays Bank?
Barclays are one of the largest international banks in the world. Headquartered in the UK, they are listed as a public company on the FTSE 100 and also have a listing on the New York Stock Exchange.
Their history can be traced back to 1690, although they didn’t acquire their Barclays name until 1736 when James Barclay became a partner of the bank.
Today, they offer a wide range of financial services to UK customers including loans, mortgages, bank accounts, insurance products and savings accounts.
They offer two types of ISA accounts for tax-efficient investing: Cash ISAs and Stocks and Shares ISAs.
What is an ISA account?
ISA accounts are a type of tax-efficient savings account in the UK.
They are just like regular savings or investment accounts, but your investments are 100% free from tax.
There are two types of tax you normally pay on your investments:
- Income Tax
- Capital Gains Tax
Income tax is usually paid on the interest you earn in a cash savings account and dividends you receive from stock investments.
Capital gains tax is usually paid on any profit you’ve made on stock investments when you come to sell them.
In order to limit these tax benefits, HMRC only allows you to invest up to £20,000 per year in ISAs.
Your ISA allowance refreshes each tax year, so you can keep topping up your accounts over multiple years to make the most out of your tax-efficient savings.
What’s the difference between a Cash ISA and a Stocks and Shares ISA?
The main difference between Cash ISAs and Stocks and Shares ISAs is the assets they invest in.
Cash ISAs always keep your money as cash, meaning they can’t go down in value and you earn interest on your balance.
Stocks and Shares ISAs invest your money into the stock market. You can benefit from growth and dividends, but your investments can fall as well as rise in value.
Here are some of the key features of each account to give you an idea of the pros and cons:
Cash ISA Key Features:
- Your investment cannot fall in value
- You earn fixed or variable interest rates on your savings
- Fixed interest rates are higher, but require you to hold your investment for a fixed term of 1 to 5 years
- If you withdraw or close your ISA account during a fixed term you will be charged or lose some of your interest
- Variable interest rates are lower and can fluctuate, but you have more access for withdrawals
Stocks and Shares ISA Key Features:
- You can invest in a range of stocks within your ISA account, including shares, funds, ETFs and Bonds
- You can create a Stocks and Shares ISA portfolio yourself by choosing your own investments, or invest in a ready-made portfolio created and managed by professionals
- You will be charged an Annual Management Charge (AMC) by your Stocks and Shares ISA provider
- You can usually withdraw at any time, but you’ll have to sell your investments first which can take up to a week
What type of Cash ISA does Barclays offer?
Barclays Cash ISAs vary based on two main factors:
- The rate of interest and whether it is fixed or variable
- The flexibility for withdrawals
Generally, the more access you have to your Barclays Cash ISA for withdrawals, the lower the interest rate you’ll get.
For a fixed-rate ISA, the longer the fixed term you commit to, the higher your interest rates will be.
What type of Stocks and Shares ISA does Barclays provide?
You can invest in a Barclays Stocks and Shares ISA in two different ways:
- Self-select ISA portfolio
- Ready-made ISA portfolio
Here are some of the key pros and cons to each type of ISA investment strategy:
Barclays ready-made ISA:
- Invest in a ready-made ISA portfolio put together and controlled by Barclays’ investment managers
- Choose a portfolio based on how comfortable you are with investment risk
- Options range from cautious and defensive to adventurous and higher risk portfolios
- Your portfolio is instantly diversified and is monitored and controlled by professionals
- You usually pay higher charges for a managed portfolio compared to if you pick investments yourself
Barclays self-select ISA:
- Create your own portfolio by picking the funds and shares you want to invest in
- Best for more experienced and confident investors
- You pay ongoing charges for some investments but won’t be paying a portfolio manager
- You’ll be responsible for diversifying your portfolio and managing its risk level
How can I open a Barclays ISA account?
The easiest way to open a Barclays ISA is online, and there are three ways to start investing:
- Top up with a debit card
- Contribute regularly via direct debit
- Transfer an existing ISA
Barclays ISA transfers
You can transfer in your existing ISAs to a Barclays Cash or Stocks and Shares ISA by following the below checklist:
- Check with your existing ISA provider if you will be charged for transferring out
- Complete an ISA transfer form with Barclays
- Barclays will administrate your ISA transfer on your behalf
If you complete your ISA transfer through the above steps, your ISA transfer won’t count towards your ISA allowance.
This means you can transfer as many ISAs as you want in one tax year while still contributing £20,000 of new money.
Note: if you just withdraw your existing ISA and add it to a new ISA, you will use up your ISA allowance when you add it back in. This means you’ll be limited to £20,000. Make sure you use an ISA transfer form to transfer your ISA instead.