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Save with a General Investment Account (GIA)

A simple way to invest in your future. Open as many GIAs as you like, with no limits on how much you can invest.

Open an GIA

Save without limits

Open as many GIAs as you like, with multiple providers, and no limits on how much you save.

FSCS Protected​

Your investments may be covered by the government’s Financial Services Compensation Scheme up to a limit of £85,000. This does not cover any decline in the value of your investments.

FCA Regulation

Wombat is an Appointed Representative of P1 Investment Management Ltd, who are authorised and regulated by the Financial Conduct Authority.

Join the Wombat Community

Join over 200,000 app users already signed up to Wombat Invest.

Why invest in a GIA?

Complete flexibility

Open as many GIAs as you like, even within the same tax year.

Invest without limits

Deposit, invest and withdraw an unlimited amount of money with a GIA.

Quick and easy

Get set up with Wombat in minutes, and start saving right away.

Compare our pricing

Platform Fee

Monthly Subscription

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Wombat

£1

0.10%
Moneybox logo

Moneybox

£1

0.45%
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Freetrade

-

-

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Chip

£1.50

0.75%

Themed Funds

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Fractional Shares

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Instant Deposits

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Auto Invest

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Round Ups

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Optional ISA Included

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Frequently asked questions​

What is a GIA?

A General Investment Account is a standard investing account which is NOT tax-free. This means that you are liable to pay taxes on your investments. However, there is no limit to how much you can invest, or how many GIAs you can have.

Which account is right for me?

Generally, we would recommend using an ISA if you are able to. This means, if you haven’t yet opened or funded a Stocks and Shares ISA this tax year, and if you haven’t used your £20,000 ISA limit. A GIA is a great choice if you HAVE already opened or funded an ISA elsewhere, or if you’ve reached your £20,000 ISA limit.

Do i need my National Insurance number to open a GIA?

A National Insurance Number is required to open a GIA Wombat Account.

What is capital gains tax?

Capital gains tax is what you will pay if any gains above £12,300, subject to having no other investments.

Learn as you go

Dive into the Learning Hub with our helpful how-to articles and quick tips, so that you can learn and grow your confidence as an investor. 3 minutes of learning today can give you knowledge that empowers you for a lifetime.

Learn more
Funds VS Shares - MAKING MONEY SIMPLE

Funds VS Shares - MAKING MONEY SIMPLE

When it comes to investing in the stock market there are primarily two ways to invest - funds and shares. Fortunately, Wombat offers both.

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Emergency Fund or a Rainy Day Fund?

Emergency Fund or a Rainy Day Fund?

We all know that one of the only certainties in life is that the unexpected will occasionally happen....

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What is Volatility and How is it Calculated?

What is Volatility and How is it Calculated?

Each time you make an investment decision, you’ll want to know how risky your investment is....

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Save. Invest. Learn.

Investing should be for everyone, not just an elite few. Get started with Wombat today, and build your future.

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