You make your own investment choices... so why would you pay an annual ISA admin fee?

Our Trading ISA is the answer, if you have a balance of £3,600 or more in your ISA we will not charge you an annual admin fee. You can invest up to £7,200 in a qualifying year without paying tax (please be aware that tax laws may change) on what you earn from your investment. And if you are 50 or over before the 5th April 2010 you will be able to subscribe up to £10,200 in your ISA this tax year.

Other benefits of opening an account with TD Waterhouse include:

• Access to 700 funds with 0% initial sales charge
• A Regular Investing option on an ISA which allows you to invest regularly from only £25 per month in shares and £50 per month in funds
• 24/7 Access to market information and research tools provided by Morningstar^TM, including tools like Asset Allocator, Fund Screener, X-Ray and Quickrank
• Commission from only £9.95 per online trade on UK or International shares
• A wide range of investment options including UK and international equities, gilts, bonds, investment trusts, unit trusts, OEICs and exchange traded funds.

What does the TD Waterhouse Trading ISA offer?

• As with all Stocks and Shares ISAs you can invest up to £7,200 in a qualifying year without paying tax on what you earn from your investment.*
• Our self select Trading ISA puts you fully in control as you decide what to invest in from: UK and international equities, gilts, bonds, investment trusts, unit trusts, OEICs and exchange traded funds, plus we charge no annual admin fee on accounts with a valuation of £3,600 or more.

What is Regular Investing and how does it work?

• Making regular payments into your Trading ISA is an easy and affordable way of investing in the stock market.
• Our Regular Investment ISA is an online monthly investment service, which lets you either make small monthly payments into a Stocks and Shares ISA. You can also purchase stocks on a monthly basis for just £1.50 commission. You can also purchase funds, which don't incur commission but may have a Fund Manager charge.
• You can set up a direct debit in order to make regular payments. You then choose up to ten stocks and/or funds that you wish to invest in on monthly basis. We group all of our customer's orders, these grouped stocks and funds are purchased on either the first or third Wednesday of each month. The trade date which is allocated to you depends on the date when cleared funds have been received in your account. This means we save resources and money which in turn allows us to pass these savings on to you.