Trading 212 (T212)

Not sure I haven’t tried

I seem to have lost any reference to the card on either the legacy app or the new app on the web. Before I could click card and see I was on the waitlist. Maybe it is because I only have a S&S ISA and not a general investment account.

Edit: I setup a standard investment account and card shows up at top there but not in the ISA account. Still on waitlist though

Can we see the design when it comes :joy:

Sure :joy:

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It’s not available for the ISA. I’ve a very small dealing account with them just to get the card.

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It is a bit of a no brainer for me. The platform fees are 0.15% on Vanguard and 0% on T212. You can buy vanguard funds (and others), individual stocks, fractional shares and get 5.2% on cash with T212

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T212 came out like 20 years ago

Here is a good video to watch on the various platforms https://www.youtube.com/watch?v=p044Zyccjs8

You can pay into multiple S&S ISA’s now so maybe you can try both and see what you prefer? If you are concerned about T212 being newer (understandably) stick to Vanguard. Also bear in mind investing in individual shares is more risky than buying funds, so you need to decide whether you will actually be looking to do that or not.

Trading 212 are also covered by the FSCS protection scheme. Obviously if you’re in the lucky position to have more than £85k then you should be spreading it over multiple financial organisations.

In that T212 don’t charge for the Vanguard ETFs and Vanguard do, if you want a Vanguard ETF, get It in T212.

Main difference is that Vanguard offer their funds too whilst T212 only offer their ETFs.

You’ll pay more for vanguard than using 212 and have access to the same ETFs. Vanguard have a platform fee of 0.15%

no but it looks pretty good from what I can see

They’re OK but rather slow. I moved to T212 which is much better.

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have to admit I hate the new T212 web app. I am normally someone who just accepts the changes and gets used to it but can’t do it with this T212 app

Invest Engine are definitely newer but still covered by the FSCS. I am sure I saw on a recent YouTube video that they only do ETFs. They are meant to be good though.

Trading212 card works well over Curve.
Transactions appear in trading212 app but with a slight delay (not sure if that’s just normal for trading212 or if it is because of the curve frontend). Trading212 cashback accumulates when used via curve - again with a delay until cleared and/or working day.

As Trading212 does not have native Google pay, not sure why I ordered physical card as it would be good enough via Curve.

Also, forgot how long cash withdrawals take from Trading212… Seems they send it via BACS rather than instant Faster payment. :roll_eyes: Yet they accept faster payment top ups.

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Yes, and trading 212 gives you graphs on how your portfolio is performing, and the amount in total it’s worth, versus how much you’ve put in.

I received an invite and opted for the virtual card…

Yeah pondering why government is not forcing all ISAs to be flexible.

Or for example I am pondering if I can part transfer current year from flexible ISA to trading212. And then transfer back if I need to withdraw it.

Yes. More or less anything goes from this April.