I’ll be opening my one with HSBC back up, to avoid penalisation from pulling funds out the bonus saver. I get that the whole point of the latter is to encourage you to not touch savings, but that’s what my longer term S&S ISA with them is for.
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Not a new one - just doing a Bed and ISA with £20,000 of my non-ISA investments.
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I’d fully intended on opening an ISA with T212 this morning and leaving my Vanguard as is, now I’m not sure… 
Trying to find a good cash ISA that I can manage through an app. Santander seem good but it’s only branch and telephone if I’m not mistaken? You can only view in the app which is so bizarre.
Set up my ISA with Trading 212 and managed to buy some stocks just in time.
Just in time for what?
If you wanted to subscribe during the 2022-2023 tax year, the last day was yesterday.
Might not be the right thread for this, but what constitutes “good” to you?
If good means highest rate just work your way down the moneyfacts cash ISA list until you find one with an a decent app. The list includes an icon which indicates whether the account can be managed via app.
Are you sure about Santander? I’d be surprised if what you say is true.
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Hazarding guess referring to in time before the markets close.
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I used Vanguard for 22-23.
This ^ London Stock Exchange closes at 4:30pm
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I currently also use Freetrade, but I like the look of InvestEngine. It has the main feature I wish Freetrade would introduce. Might give it a try even just as a test GIA to start off with. I suspect they will eventually start charging for their DIY plan (currently free) once they have attracted enough attention / user base.
Which feature?
If it’s AutoInvest, Freetrade just dropped a sneak peak of their next iteration on their way to it…
Trouble with Freetrade’s autoinvest is you specify allocations at order level.
As I understand it, InvestEngine automation is based on desired allocations at portfolio level. This is the main thing I like.
Damien has done a pretty comprehensive comparison video on ISAs:
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This video just reconfirmed what I knew and will continue to use Vanguard this FY.
I have a modest amount so the platform fee isn’t a problem.
I’m a big fan of Vanguard but I’m giving T212 a chance this year. Worst case I just go back to Vanguard next year.
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Hmm I’m not sure I fully understand the distinction here.
Does the next iteration walked through by Freetrade below around the 1m30sec mark align with what you like:
Autopilot Product Update
That’s just giving the ability to distribute a fixed percentage of each regular investment to a set of assets. I see that as different to what I want.
What I want is the ability to set a desired % allocation at portfolio level, not order level. To help you achieve this in an automated way, the % allocation at each recurring order will need to auto adjust depending on how the assets have grown/shrunk since the last recurring order. Basically automated rebalancing through new investment.
For example…
Lets say your desired portfolio comprises 80% stock A and 20% stock B.
At order 1 you invest £100. £80 goes to stock A. £20 goes to stock B.
At order 2 lets say (for example) that your holding in stock A has doubled in value to £160 and stock B has not changed in value (still £20).
To bring the portfolio back to the desired 80/20 split via the recurring order it will need to adjust to 64% stock A and 36% stock B.
You’ll then have a portfolio of £280 with 80% in stock A (£160 + £64 = £224) and 20% in stock B (£20 + £36 = £56).
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Okay, I’m with you now. Sounds like what they’re referring to as “smart portfolio top ups”. Freetrade more likely to go down the “one-click rebalancing route” before they upgrade to the former.
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T121 are so annoying, I accidentally clicked into their ISA as I wanted more information on it.
It appears I’ve opened an ISA account with them now and they won’t stop bombarding me with notifications to complete my declaration. I don’t intend to use it.
You can’t close it either, the only way is by completely closing the account completely including the GIA account.
So now I have to live with regular notifications to complete my declaration…
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Tax rules changed so you can now complete ISA declaration and then close it without any impact. But also notification should stop after the year end.
I’ve being used Trading 212 for a while but really like the clean interface of InvestEngine.
I did think about using Vanguard as all my ETFs are vanguard ones but I don’t see the benefit of paying the platform fee, when you can use other providers to get access to the same ETFs but save yourself money.
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