What is a General Investment Account (GIA)?

GIA stands for General Investment Account, and it’s a standard investing account which is not tax-free. This means that you are liable to pay taxes on any realised capital gains. However, there is no limit to how much you can invest, or how many GIAs you can have. 

Wombat offers two GIAs: 

  • Instant GIA: Invest in real-time with live-pricing in 400+ US fractional shares, get price alerts on your favourite stocks and earn 0.2% cashback on investments. 
  • Standard GIA: Execute daily orders in ETFs and fractional shares, and utilise Round Ups and Auto Invest. 

View more information on both of there accounts on our GIA webpage. Please note, tax treatment depends on the individual circumstances of each client and may be subject to change in future.

Still have questions?

Contact support@wombatinvest.com and our dedicated Customer Support team will be more than happy to help.