Compare Newcastle Building Society ISAs
Compare ISAs from Newcastle Building Society and other ISA options available.
- 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: 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 Newcastle Building Society?
Newcastle Building Society are the most prominent building society in the North East of England and currently operate more branches in the region than any other building society.
With over 150 years of history behind them, they provide their customers with mortgage loans, savings accounts, insurance products and financial advice.
Newcastle Building Society is owned by its members, so they don’t have shareholders to appease like banks do.
Among the range of savings accounts they offer to their customers are a variety of fixed and variable rate Cash ISA accounts.
What is an ISA account?
ISA accounts are tax-efficient savings accounts.
In a standard savings account, you pay tax on any interest, dividends and capital gains you make within your portfolio.
Depending on your other sources of income, this could take a considerable chuck out of your savings profits. Investing in an ISA completely protects you from these taxes.
The government sets a limit each year on how much you can put into an ISA. This is called your annual ISA allowance.
For the current tax year, the annual ISA allowance is £20,000, so you can’t add more than this amount to your ISA account.
What type of ISA is a Newcastle Building Society ISA?
Newcastle Building Society offer two main types of ISA accounts to investors: Cash ISAs and Stocks and Shares ISAs.
Stocks and Shares ISAs invest your money directly into the stock market through shares, funds and other investment vehicles. They have high potential for returns, but markets can go down as well as up so you could lose money.
Cash ISAs earn a fixed or variable interest rate on your balance, and your money is always kept as cash so it can’t lose value. You’ll always get back at least what you put in, but interest rates are low compared to the potential returns you could get in the stock market.
Newcastle Building Society currently only offer Cash ISA products and don’t do a Stocks and Shares ISA product.
What types of Cash ISA do Newcastle Building Society offer?
Newcastle Building Society offer a range of Cash ISAs that vary based on the following factors:
Accessibility – e.g., how often you can access your money or how long your fixed term of investment is.
Interest rates – fixed or variable rates are available, and generally the less access you have for withdrawals, the higher your interest rates.
Fixed or Variable Interest Rate Cash ISAs?
Newcastle BS’s fixed-interest Cash ISAs have a fixed term of investment. The lengths of term range from 1 to 5 years, and generally the longer term you commit to, the higher interest rates you receive.
However, if you withdraw from your Cash ISA before the end of your fixed term you will either be charged, or lose a portion of the interest you’ve earned so far.
Newcastle BS’s variable-rate ISAs are great for investors that need extra flexibility for accessing their money. Their variable-rate accounts differ based on the amount and frequency of withdrawals you can make.
The more access you have to your Cash ISA, the lower the interest rates, so you should keep in mind that greater flexibility comes at a cost.
How do I open a Newcastle Building Society ISA?
Once you’ve decided on the right ISA for you, you can open an account either online or in branch.
The quickest way to set up your account is online via the website.
You’ll need to create an account with a password, provide some basic information including your National Insurance Number, and make a contribution to open your ISA.
Who can open a Newcastle Building Society ISA?
Some of Newcastle BS’s ISAs are only available to customers living in the NE of England. Some of their ISAs are available to all UK customers, but you’ll need to check before you open your account.
You also need to be at least 16 years old and a resident in the UK to open any of their Cash ISAs.
What are the ISA rules?
Before opening an ISA, it’s important to know how you can and cannot use them to make sure you don’t break the rules.
Here’s a list of the most important ISA rules to be aware of:
- The current ISA allowance is £20,000 so you can’t contribute more than this amount to an ISA in any one year.
- Your ISA allowance is split between Cash and Stocks and Shares ISAs – you can split your £20,000 between the two types.
- You can’t add money to more than one Cash ISA in the same tax year. If you’ve already opened or contributed to one this year, you can’t open another until the 6th of April.
- You can transfer old ISAs to your new ISA account and it won’t count towards your ISA allowance – just complete an ISA transfer form with your new provider.
- Your ISA allowance doesn’t roll over – if you don’t use it, you lose it.
- Your ISA allowance refreshes on the 6th of April each year so you can add an extra lump sum from this date.