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How to pay money into your Trading ISA

There are flexible ways to get funds into your ISA with us. Payments into your ISA are called subscriptions.

How much can I put into my ISA(s)?

Any UK resident aged over 18 and over, normally resident in the country for tax purposes can have an ISA. In the 2013/2014 tax year (which ends on the 5th April 2014) the annual allowance is £11,520.

Subject to this overall limit, you can put up to £5,760 in a cash ISA and the remainder into a stocks and shares ISA with either the same or another provider. The TD Trading ISA is a stocks and shares ISA and unfortunately we do not offer cash ISAs.

For example you could put:

  • £5,760 into a cash ISA and £5,760 into a stocks and shares ISA
  • £3,000 into a cash ISA and £8,520 into a stocks and shares ISA
  • Nothing into a cash ISA and £11,520 into a stocks and shares ISA

Mike's story

A 46 year old Chartered Surveyor

I've now combined all of my old ISAs into just one Trading ISA at TD as I was looking for some longer term ideas for my investing and had a few shares to transfer from an old portfolio. I can see my holdings all in one place, and I find this works much better than having a drawer of old passbooks and online account passwords to remember.

This case study is for illustrative purposes only and isn't based on a real life example

How do I pay into my ISA(s)?

1 Debit Card

Top up your ISA quickly and easily by debit card online and make the most of your tax efficient allowance. Login and go to Payments & Transfers then select Fund My Account. Alternatively, phone us on 0800 531 6680 with your debit card details handy.

2 Internal Cash Transfer

Make an instant transfer from your linked Trading Account online: login to your account and go to Payments & Transfers then select Withdraw/Transfer Money.

3 Regular Payments

Set up a direct debit and make regular payments to your ISA from as little as £25 per month. Select this payment option either when you apply for the account, or add later by logging into your account and choosing Account Upgrades from the Account Administration menu.

4 Save As You Earn (SAYE) / Share Incentive Plan (SIP)

Transfer shares into your ISA that have been acquired through an approved SAYE option scheme or Share Incentive Plan. You must transfer the shares within 90 days from the day they cease to be subject to the Plan, or (for approved SAYE share option schemes) 90 days of the excercise of option date.

Download the SAYE (Save As You Earn) Instruction Form (PDF 27KB)

5 Existing Shares (BED & ISA)

With the exception of SAYE and Share Incentive Plan holdings it is not possible to transfer existing share holdings directly into an ISA. However, we can help you sell ISA eligible shares, held either in your TD Trading Account or in certificated form, and re-purchase them within your ISA wrapper; this is called a BED & ISA. Please note: this service is not available for international stocks.

Phone: Call our Client Services Team on 0845 607 6002 if the shares you want to sell and re-invest are held in your TD Trading Account.

Download and return the BED & ISA Intruction Form (PDF 29KB)

6 Cheques

Whilst we do currently accept cheques, our recommended option is by debit card. Cheques must be made payable to 'TD Direct Investing', have your Trading ISA account number written on the back and should be sent to: Payment Services, TD Direct Investing, Exchange Court, Duncombe Street, Leeds, LS1 4AX.

Please note: bank transfers cannot be made directly into an ISA. If you have a Trading Account you can make a bank transfer to that account and then make an internal cash transfer to your linked Trading ISA. Please be aware that there will be a delay between the funds being cleared in your Trading Account and then available for transfer to your ISA.

Cash subscriptions must come from either a personal or joint UK bank account registered in your name.

Have you missed an ISA subscription year?

If you have an existing stocks and shares ISA with TD, but you have not subscribed to it, during or before the previous tax year, you can apply for a stocks and shares ISA by following the instructions below:

  1. Please read 'What you need to know before you open an account?' below
  2. Login to your account
  3. Go to Account Administration and select Account Upgrades, making sure your ISA is the chosen account
  4. Select the 'ISA missed tax year option'

What you need to know before you open an account

Please make sure that you have read and understood all of the relevant documentation below.

Further details are also available in the Terms of Service which you should refer to before applying for an account

Risks

All investments carry a varying degree of risk. It's important that you understand the nature and risks of the different investments available through TD Direct Investing. You may not get back the money you invest and you should not view the past performance of investments as a guide to their future performance. Read more about the risks of investing.

Your money and investments

Before applying for an account it is important you understand how your money and investments will be held and the investor protection schemes that apply. We will hold your money in accordance with the FSA's client money rules and we may pool your investment with those of other customers. Read more about how we will hold your money and investments.

Conflicts of interest

We have a conflicts of interest policy that identifies circumstances that constitute, or may give rise to, conflicts of interest which pose material risk of damage to one or more of our customers. Read more about our conflicts of interest policy.

Summary of charges

Trading commissions start from £5.95 depending on how often you trade. Our standard online rate is £12.50 and it will cost more for trades on non-UK markets.

If you hold funds a platform fee will apply. If you move your stock, closure fees and transfer out charges will apply. See our Rate Card for full details.

How do I apply for an account with TD Direct Investing?

New to TD?

If you are not already a TD client click on the Apply online button to open a stocks and shares ISA.

Apply online

Phone
Call 0800 138 1900


Post

Download the form

Existing client?

Have a single account with TD but not an ISA?


Login

Once logged in go to Account Administration and Account Upgrades and follow the online instructions to apply for a stocks & shares ISA.

If you have an account with TD that you share with someone, please follow the instructions for 'New to TD'.

Have an ISA elsewhere?

Find out how easy it is to transfer to TD

Read more

Risks

  • The value of your investments may go down as well as up. You may not get back all the money that you invest. 
  • Please note: the tax treatment of these products depends on the individual circumstances of each customer and may be subject to change in future.
  • Please be aware that during the transfer process there is a risk that for an indeterminate period of time you will be unable to sell your assets. This is likely to be for a short period for simple UK equity transfer, but may be significantly longer for more complex transfers. Please speak to one of our Client Services Representatives if you require further information.
  • If you are in any doubt about the suitability of the products or services being promoted, you should seek independent financial advice.

†Zero Fee ISA Terms

  • ISA accounts with a value on the last business day in May each year of £5,100.00 or greater will not be charged an annual administration fee.
  • ISA accounts with a value on the last business day in May each year of £5,099.99 or less will be charged an annual administration fee of £30 plus VAT on or around the first business day in June.

The value of your investments can go down as well as up. You may not get back all the funds you invest.

Compensation Arrangements (see also Appendix E of our Terms of Service)
Your eligible deposits with TD Bank N.V. are protected up to a total of 100,000 euro by the 'Deposit Guarantee Scheme', the Dutch deposit protection scheme and are not protected by the UK Financial Services Compensation Scheme. Any deposits you hold above the 100,000 euro limit are not covered.

Please click here for further information http://www.dnb.nl/en/about-dnb/consumers-and-dnb/consumers-and-supervision/depositogarantiestelsel/index.jsp.

Brokerage services provided by TD Direct Investing (Europe) Limited are protected by the UK Financial Services Compensation Scheme (“FSCS”). Eligible claimants are protected up to a maximum of £50,000 per claimant. Further information is available on the FSCS website at www.fscs.org.uk