What is a General Investment Account?
A General Investment Account allows you to make unlimited investments outside of ISA limits associated with a Stocks & Shares ISA.
You will have to pay capital gains and dividends tax on profits above your annual allowances. The 2022/23 allowance for capital gains tax is £12,300, and for dividends tax it’s £2,000.
Tax treatment depends on the individual circumstances of each client and may be subject to change in future.
If you are a beginner investor looking to start off small, then you shouldn’t feel put off as chances are you’ll fall below the profit allowances (unless you get lucky).
At Wombat, we offer two types of General Investment Accounts.
A General Investment Account allows you to make unlimited investments outside of ISA limits associated with a Stocks & Shares ISA.
Themed ETFs
Our Standard GIA allows you to invest in ETFs and shares in US, UK and EU companies. Use Auto Invest and Round Ups to create life-long good money habits.
Explore fundsDe-stress investing
Take a load off with Auto Invest, or invest your spare change with Round Ups. Capital at risk.
Remember when investing your capital is at risk.
Why open a General Investment Account with Wombat?
*Other fees apply.
Round Ups
Easily invest your spare change with Round Ups
Fractional shares
Invest in fractional shares from £10
20+ Themed Funds
20+ Themed Funds (ETFs) to match your ambitions. View ETFs list.
Choose your perfect plan
Take a look at what our Standard and Instant GIAs have to offer
Features
Standard GIA
Instant GIA
Fractional shares from £10
Unlimited commission-free trading*
US shares
UK & European shares
Themed Funds (ETFs)
Round Ups
Auto Invest
Instant Investing*
Instant Deposits
Instant Withdrawals
Cashback*
Costs
Subscription fee
£1 per month
FREE
Platform fee
0.10%
-
Foreign exchange fee*
0.75%
0.65%
Fund manager fee*
0.07-0.75%
-
A word about risk
Remember, when investing your capital is at risk and you may get back less than what you put in. *Tax treatment depends on the individual circumstances of each client and may be subject to change in future.
Pricing
We’ve got your goals covered today, tomorrow, for life. Where will you start?
Instant ISA
£0/month
Account:
General Investment Account
What you get:
- Fractional US shares from £10Access to over 300 US sharesInstant trading, top ups and withdrawals. Within market open hours.Unlimited commission-free tradingNo paywalls
Fees:
- 0.65% FX fee
Standard ISA
£1/month
Account:
Stocks and Shares ISA
What you get:
- Selection of US, UK, EU stocksFraction shares from £1020+ Exchange-Traded Funds (ETFs)Auto InvestRound UpsOnce a day buy/sell ordersInvest up to £20,000 per year with tax-free gains.
Fees:
- 0.10% annual platform fee
- 0.75% FX fees on foreign shares
- 0.07-0.75% annual fund manager fee (ETFs/Funds only)
Standard GIA
£1/month
Account:
General Investment Account
What you get:
- Selection of US, UK, EU stocksFraction shares from £10
- 20+ Exchange-Traded Funds (ETFs)
- Auto Invest
- Round UpsOnce a day buy/sell orders
Fees:
- 0.10% annual platform fee
- 0.75% FX fees on foreign shares
- 0.07-0.75% annual fund manager fee (ETFs/Funds only)
How to open a General Investment Account
Opening a GIA is easy, whatever plan you choose. You'll need your National Insurance number and a form of ID to get started.
Choose your plan and select either the Standard GIA or Instant GIA account
Create a GIA account and verify your identity
Link your bank and add money
Invest
Who will you choose?
Invest in leading brands and funds across tech, business, entertainment and sustainability.
Download and start investing
Build your wealth your way. Capital at risk
