Monthly payments are only available to the ISA and the Investment Account.
Changing monthly payments
ISAs
You can change your monthly payments at any time subject to the HM Revenue & Customs limits for ISAs. The total yearly investment limit for the current tax year is £11,280. Currently, the minimum increase to your monthly payment amount is £25.
Investment Account
There is no limit on monthly payments to the Investment Account.
Changing the amount
All we need is a letter from you confirming the new amount and when it is to start from.
Our address details are available here
Starting monthly payments
To start monthly payments or change the bank account from which you pay the direct debit, we need you to complete a new direct debit mandate.
Call us and we'll send you a new mandate.
We'll write and let you know we've made the change.
Stopping monthly payments
You can stop monthly payments into your plan at any time.
However, you must leave at least £2,000 in your plan. If you don’t, the charges will be high in relation to the plan value and this could make it difficult for your investment to grow and we may close your plan.
