What is the subscription fee for a NuWealth Standard account, and what happens if my cash balance is £0?
We charge £1 per calendar month for our Standard Stocks & Shares ISA, Junior Stocks & Shares ISA (JISA) and for our Standard General Investment Account (GIA).
We will attempt to take a £1 subscription fee from your cash balance first, however, if funds are unavailable in your cash balance, we will sell down a small portion of your largest holding to cover the fee. If both your cash balance and portfolio are £0, you will not be charged a fee as no additional funds will ever be taken by direct debit.