Share Dealing ISA

Open a Share Dealing ISA with Lloyds and start investing today.

 
Two girls laughing as they look at an iPad.

Benefits

  • Create and control your own portfolio.
  • Free regular investments.
  • ETF Quicklist and Investment tools.
  • Invest up to £20,000 every tax year.
  • All profits are free from Capital Gains and UK Income Tax.    
Open your Share Dealing ISA

How will it work?

You choose

Choose from a variety of investments options, including UK and international shares, Exchange Traded Funds (ETFs), funds, bonds and gifts.

You invest

Invest up to £20,000 a year free from Capital Gains or UK Income Tax.

You trade

Only £1.50 commission when buying or selling funds online or trade regularly for free with our Regular investment plan.

Please remember that the value of investments and the income from them can fall as well as rise, and you may get back less than you invest. If you’re not sure about investing, seek financial advice. There will normally be a charge for that advice. Tax treatment depends on individual circumstances and may be subject to change in the future.

Why invest with Lloyds Bank?

After 250 years helping Britain prosper, we can

help your money work harder too.

The Lloyds Bank iconic black horse galloping through a shallow river

Why invest with Lloyds Bank?

After 250 years helping Britain prosper, we can

help your money work harder too.

Clear and competitive pricing

With our flat fee structure you pay the same price no matter the size of your portfolio.

A name to trust

Since 1765, we've helped Britain prosper, providing financial confidence and peace of mind for our customers of every generation.

No two investors are the same

That's why we deliver investment opportunities, insights and services that work for you.

 

You're in control

Invest a lump sum at any time, or small amounts on a monthly basis - whatever works for you.

 

All in one place

With the Mobile Banking app, you can manage your investments alongside your everyday banking.

 

Easy to switch

There's never been a better time to transfer

How to transfer your account to Lloyds bank

What charges do I pay?

Our Share Dealing ISA administration charges are simple.

Admin charge

A six month administration charge of £20.00 applies every April and October (£10.00 for Premier and Private Banking customer every April and October). Accounts opened at other times will be charged from the next payment date. This charge does not apply to 18-25 year olds.

Commission charges

Buy or sell online:

Funds £1.50

International Shares £0 (1% FX rate applies)

All other online investments £11.00 (£10.00 for Premier and Private Banking customers)

Pay no commission on investments with our Regular investment plan.  

Frequent trader?

£8.00 online dealing commission when you trade 8 or more times per quarter.

Additional charges

There are additional charges for trading and other services. For full details, please read our Charges page.

Please note, if you open your account between payment dates, the six monthly admin charge will be collected from the following payment date.

The table includes the dealing commission and account charges you'll pay as standard. If you invest in a fund, you'll also pay an ongoing charge directly to the fund manager. You may also pay government taxes and levies depending on the investment you choose.    

Ready to apply for a Share Dealing ISA?

 

I'm new to Share Dealing

If you want to get started, you'll need your address, debit card details and national insurance number. This can be set up in minutes.

Terms and Conditions (PDF 378, KB)

Open a Share Dealing ISA

I already invest with Lloyds Bank

Log on to apply and access your account.

You can also use your Mobile Banking app to check your investments.

Log on to Internet Banking

Log on to Share Dealing

Frequently asked questions?

  • Yes, you can have more than one Share Dealing ISA. You may only pay into one of them each tax year. You can have other types of ISAs at the same time. Again, you are only able to pay into one of each type of ISA in a tax year (subject to the annual ISA allowance).

  • No, that’s one of the best things about a Share Dealing ISA. Any dividends and interest payments from your shares are completely free from UK income tax. You also won’t need to pay Capital Gains Tax on any gains from your investments.

  • Yes, you can. When you transfer, the cash will stay in your account until you choose to invest it. You can transfer an existing Lloyds Bank cash ISA or a cash ISA from another provider to one of our Share Dealing ISAs.

  • As with all investments, there is risk involved with a Share Dealing ISA. It’s important to remember that the value of investments and the income from them can fall and rise. Before taking out any investment product, you’ll need to be clear with how you feel about risk and how able you are to take losses.

  • A dividend is a payment made from a company on a set date to those who have bought and hold their shares. This usually happens when a company has made a profit.

    If you do not invest within an ISA, you may pay tax on any amount over the dividend allowance. Following the Chancellor’s Autumn Statement in 2022, the dividend allowance has changed to £1,000 in April 2023. It will be further reduced to £500 from April 2024. 

    But don’t worry, if you are investing through a Share Dealing ISA, any dividends and interest payments from your shares are completely free from UK income tax. If you’re not investing through a Sharing Dealing ISA, you can open one today.

  • Capital Gains Tax is tax you pay on any gains you’ve made from selling assets, such as shares. The current allowance is £6,000, following the Chancellor’s Autumn Statement in 2022. You’ll have to pay tax on any gains above this amount.

    A further reduction to £3,000 will take place from April 2024.

    If you invest through an ISA, you won’t pay this tax on any gains made through your investments. If you are not investing through an ISA, you can open one today. 

    Find out more about Capital Gain Tax >

Learn the basics of investing

Man wearing a swimming cap stood with a river in the background

What is investing?

Our simple 5-step guide helps you decide if investing works for you.

See beginners’ guide
Older lady rowing in a boat on the river.

Understanding risk

Discover what investment risk is and how understanding it could help you grow your investments over time.

Understanding risk
Woman sat on the sofa typing her debit card details into her phone.

What is an ETF?

Learn about ETFs and how they can help you start investing today.

ETF Academy

 

Investments with Lloyds Bank Direct Investments are protected up to a total of £85,000 by the Financial Services Compensation Scheme. This limit is applied to the aggregated total of any stock or cash held across the following brands which we administer.

This is in addition to any other savings deposits you may hold across Lloyds Banking Group. 

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 under registration number 183332. A Member of the London Stock Exchange and an HM Revenue & Customs Approved ISA Manager.

Important share dealing information