Our discounted Share Dealing offer

We’re currently offering Lloyds Bank customers the chance to trade at discounted rates and have discounted admin charges. To benefit from this offer you need to open a Lloyds Bank Share Dealing Account or ISA, as well as transfer your existing pension(s) with a minimum value of £10,000 into a Scottish Widows Retirement Account. Transferring a pension is an important decision. The Scottish Widows website has information which can help you decide.

Before applying you should read all relevant information on the Scottish Widows and Lloyds Bank Direct Investments websites to understand if you are eligible for these products and if they are suitable for you.

Standard charges apply to the Retirement Account.

Offer available until the 14th September 2020. Full discounted Share Dealing offer Terms & Conditions

Once you’ve received your Retirement Account number, contact Lloyds Bank Direct Investments by phone on 0345 606 0560, or via Webchat, to activate your Share Dealing discount.

Share Dealing

Build your portfolio by choosing the right investments for you. You can buy and sell shares, funds and more using our share dealing service.

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Pension transfer into Retirement Account

Retirement Account is a pension plan for your retirement that allows you to transfer in your previous pensions, view your pension alongside your banking products, invest in a way that suits you and access your pension benefits using the same account.

Find out more

Pensions are long term investments. The value of your investments and the income from them can go down as well as up and you may get back less than you have invested. We don’t provide advice so if you’re unsure about making your own investment decision please seek advice from a qualified financial advisor.

About our discounted Share Dealing Account/ISA charges

Charge type

Current standard charge

Current discounted charge

Charge type

Account admin charge

Current standard charge

£20 per six months

Current discounted charge

£10 per six months

Charge type

Real-time online trades

Current standard charge

£11 dealing commission per online trade, first 7 deals per quarter

Current discounted charge

£10 dealing commission per online trade, first 7 deals per quarter

Charge type

Frequent trader online dealing commission

Current standard charge

£8 dealing commission per online trade, when you trade 8+ times per quarter

Current discounted charge

Standard charge applies

Charge type

Telephone trades

Current standard charge

£35 per trade

Current discounted charge

£25 per trade

Charge type

Buying or selling funds

Current standard charge

£1.50 dealing commission per online trade

Current discounted charge

Standard charge applies

Charge type

Scheduled regular investments

Current standard charge

£1.50 dealing commission per online trade

Current discounted charge

Standard charge applies

Our standard charges and the discounts applying may change in the future. 

Other product charges

With Lloyds Bank Direct Investments, if you invest in a fund you will also have to pay an ongoing charge to the fund manager each year. Fund charges are taken out of the fund by your fund manager. You may also pay government taxes and levies depending on the investment you choose. For full Share Dealing fee details please read our charges page.

Scottish Widows Retirement Account charges also apply. For full details please read the charges page.

Important legal information

The Lloyds Bank Direct Investments Service is operated by Halifax Share Dealing Limited. Registered Office: Trinity Road, Halifax, West Yorkshire, HX1 2RG. Registered in England and Wales no. 3195646. Halifax Share Dealing Limited is authorised and regulated by the Financial Conduct Authority, 12 Endeavour Square, London, E20 1JN under registration number 183332. A Member of the London Stock Exchange and an HM Revenue & Customs Approved ISA Manager.

Important share dealing information