Saga Share Direct Nominee Dealing Account and Shares ISA commission charges
Commission is charged per deal.While there are no dealing charges for buying or selling funds through the Saga Share Direct service, a fund administration charge will apply.
Other charges and service restrictions may apply.
Online commission – All investment types except unit trusts and OEICs
|1-9 deals per quarter||10+ deals per quarter||
Saving from 10th tradeper quarter
| Percentage saving per trade
from 10th trade per quarter
Telephone commission – All investment types except unit trusts and OEICs
|Deal value||1–9 deals per quarter||10+ deals per quarter||
Saving from 10th tradeper quarter
|Percentage saving per trade from 10th trade per quarter|
Trades placed through the regular investment service are charged at a flat rate of £1.50 per trade.
Automatic dividend reinvestment
Automatic dividend reinvestment purchases are charged at a rate of 1% (minimum £1, maximum £7.50)
Funds (Unit Trusts and OEICs)
Saga Share Direct Certificated Dealing Account commission charges
Commission is charged per deal. Other charges and service restrictions may apply.
|£0 - £999.99||£25.00|
£1,000 - £2,499.99
|£2,500 - £4,999.99||£50.00|
|£5,000 - £7,499.99||£62.50|
|£7,500 - £9,999.99||£70.00|
|£10,000 - £14,999.99||£80.00|
|£15,000 - £19,999.99||£90.00|
Other fees and charges
|General duties and levies *|
|Purchase of UK Equities
||0.5% (except where listed on AIM)
|Purchase of Irish Equities
|Purchase of Eurobonds
||0.5% (Call Customer Services on 0800 056 4827)
||£1 flat rate charge on UK equity transactions over £10,000
|Irish PTM Levy
||€1.25 Flat rate charge on Irish equity transactions over €12,500
* In addition to our charges and fees, customers should be aware of other general duties and levies that apply to share trading. These are levies made by the UK Government, and may vary from time to time.
|Closure of account
||Free (Dealing and/or transfer fees may be applicable)
|Transfer out of shares
||£10 per stock, maximum charge £100
|Transfer in of shares
|Cash withdrawal by BACS to nominated bank account
|Same day electronic payment (i.e. CHAPs or faster payment)
|Late or Failed Settlement
|Late settlement (certificated only)
||£40 + VAT
|Unpaid Direct Debit / cheque
|Returned cheques and/or Direct Debits||£15 +VAT|
|Charge passed on from registrars on rejection of a certificate (certificated only)
||£15 + VAT
||Bank of England Base Rate +3%
|Ad hoc statement or valuations||There may be a charge - quoted on request|
|Copy of consolidated tax certificate||£10 +VAT|
|Duplicate contract note||Free, if requested within 6 months since deal
£10 +VAT, if requested more than 6 months since deal
|Copy of tape recording/telephone||£20 +VAT conversation transcript in case of complaint (if Saga Share Direct is not at fault)|
|Valuation for probate||£25 +VAT|
|Paper contract notes and paper corporate action notifications||£1 per item +VAT (these fees will by collected quarterly in arrears after the end of February, May, August, November)
You can choose to receive free online contract notes and corporate action notifications by updating your preferences. Please contact customer services on 0800 056 4827 for more details.
|Annual, bi-annual and quarterly statement/CTC (paper copies only, per statement)||£5 +VAT (these fees will by collected quarterly in arrears after the end of February, May, August, November)
You can choose to receive free online statements by updating your preferences.
Please contact customer services on 0800 056 4827 for more details.
|Letter of indemnity (excluding any other fee by an independent third party, which will be separately quoted on a case-by-case basis)||£50 +VAT|
|Rectification (certificated only)||£10 +VAT (per amendment)|
|Rematerialisation (issuing paper certificate from nominee holding)||£10|
|Failure to provide valid certificate(s) following a sale which results in the need to buy back the shortfall in order to meet the market claim (certificated only)||£40 +VAT|
There is currently no interest paid on cash held in any Saga Share Direct accounts.