Sign up

NEW: Earn 5.20% AER with the Plum 95-Day Notice Pocket

Learn More

Our Fees

Effective from January 01, 2023.

• Cash ISA Fees

• Stock Investment Fees

• Individual Savings Account (ISA)/General Investment Account (GIA) Fees

• Money Market Fund ("Plum Interest") Fees

• Self-Invested Personal Pension (SIPP) Fees


CASH ISA FEES

We do not charge a fee for our Cash ISA product, which is available to Plum customers in the UK.  


STOCK INVESTMENT FEES

CURRENCY CONVERSION FEE

Fee that we charge to facilitate the settlement of a transaction, dividends or other relevant cash distributions includes currency conversion rate we receive from our third party currency conversation provider and a mark-up for a total fee of 45 basis points (bps).

The relevant regulatory fees imposed by the SEC or FINRA will be charged to you even when we do not charge commission. As applicable, the SEC and the TAF fees are deducted in USD directly from your proceeds following a sell transaction.


REGULATORY FEES

Every time you sell your stocks, the SEC and FINRA charge fees on the sale. The SEC charges $8.00 for every $1,000,000 (or $0.000008 per dollar), and FINRA charges $145 for every 1,000,000 shares (or $0.000145 per share) sold up to a maximum of $7.27 per trade. The FINRA fee is also known as the TAF, or Trading Activity Fee.

The relevant regulatory fees imposed by the SEC or FINRA will be charged to you even when we do not charge commission.

You will only be charged for orders which are executed. Any fees charged in connection with your trades will be debited from your Plum Account.

The relevant fees for orders that have executed are available on the ‘trade confirm’ that is provided to you.

For additional details on Fees, please see Section 8 “Fees and Taxes” in Plum’s Stock Investments Terms and Conditions.


Individual Savings Account (ISA)/General Investment Account (GIA) Fees


Total Investment Balance

Annualised Monthly Fee*

(£2.99 / month or as per your plan eligibility)

Management Fee = (0.45% of assets)

Fund Manager Fee** = (for basic funds - 0.22%)

Fee per year

£500

£35.88

Management Fee = £2.25

Fund Manager Fee = £1.10

£39.23

£1,000

£35.88

Management Fee = £4.50

Fund Manager Fee = £2.20

£42.58

£5,000

£35.88

Management Fee = £22.50

Fund Manager Fee = £11.00

£69.38

*Monthly Fee can differ depending on the Plum subscription plan

**Fund Manager Fee can differ depending on on the choice of fund


MONEY MARKET FUND ("PLUM INTEREST") FEES


Annual Cost - Example of fees

This illustration shows example fees for different levels of investment, ranging from £500–£5,000.

Principal investment

Plum’s service fee for non-subscribers

Plum’s service fee for Pro & Ultra subscribers

(waived for Premium plan)

BlackRock’s management fee

Total fees for non-subscribers

Total fees for subscribers

£500

£3.10

£0.75

£0.50

£3.60

£1.25

£1,000

£6.20

£1.50

£1.00

£7.20

£2.50

£5,000

£31.00

£7.50

£5.00

£36.00

£12.50


SIPP FEES


Annual Cost - Example of fees

This example shows the yearly total fees at different levels of investment.

Total Investment Balance

Management Fee = (0.45% of assets)

Fund Manager Fee*** = (for basic funds - 0.22%)

Fee per Year

£500

Management Fee = £2.25

Fund Manager Fee = £1.10

£3.35

£1,000

Management Fee = £4.50

Fund Manager Fee = £2.20

£6.75

£5,000

Management Fee = £22.50

Fund Manager Fee = £11.00

£33.50

***Fund Manager Fee can differ depending on on the choice of fund