Opening an I-web S&S ISA and leaving it dorment.
Discussion
Is there any reason why I shouldn't open a I-web ISA if I don't intend to invest anything yet?
£25 setup fee aside.
Also, are I-web any good?
The reason for wanting it is so that I don't have to spend time sending off proof of ID in the event of a sudden urge to invest in something (i.e. market correction).
Its probably a dumb question, but i'm apprehensive opening new financial accounts.
Thanks in advance
£25 setup fee aside.
Also, are I-web any good?
The reason for wanting it is so that I don't have to spend time sending off proof of ID in the event of a sudden urge to invest in something (i.e. market correction).
Its probably a dumb question, but i'm apprehensive opening new financial accounts.
Thanks in advance
Benbay001 said:
Is there any reason why I shouldn't open a I-web ISA if I don't intend to invest anything yet?
£25 setup fee aside.
Also, are I-web any good?
The reason for wanting it is so that I don't have to spend time sending off proof of ID in the event of a sudden urge to invest in something (i.e. market correction).
Its probably a dumb question, but i'm apprehensive opening new financial accounts.
Thanks in advance
Firstly, you should not have to pay a £25 set up fee to open such an account.£25 setup fee aside.
Also, are I-web any good?
The reason for wanting it is so that I don't have to spend time sending off proof of ID in the event of a sudden urge to invest in something (i.e. market correction).
Its probably a dumb question, but i'm apprehensive opening new financial accounts.
Thanks in advance
Secondly, you don't need to send proof of ID in unless you have moved house recently.
Thirdly and finally(!), opening an online account is not exactly high risk these days!!!
The 'I-web' is used by every financial company you will come across. Chill!

He means iweb who are part of Halifax I assume.
If you have any idea what you're looking to hold check you can actually buy it using iweb.
They're funny in that they don't allow trading some very common investment trusts and funds i.e. the entire Lindsell Train range of funds.
If you're not going to trade very much they're low cost, but be aware that if you are going to trade funds regularly they're likely to be significantly more expensive than a lot of other options.
If you have any idea what you're looking to hold check you can actually buy it using iweb.
They're funny in that they don't allow trading some very common investment trusts and funds i.e. the entire Lindsell Train range of funds.
If you're not going to trade very much they're low cost, but be aware that if you are going to trade funds regularly they're likely to be significantly more expensive than a lot of other options.
b
hstewie said:
hstewie said: He means iweb who are part of Halifax I assume.
If you have any idea what you're looking to hold check you can actually buy it using iweb.
They're funny in that they don't allow trading some very common investment trusts and funds i.e. the entire Lindsell Train range of funds.
If you're not going to trade very much they're low cost, but be aware that if you are going to trade funds regularly they're likely to be significantly more expensive than a lot of other options.
If you have any idea what you're looking to hold check you can actually buy it using iweb.
They're funny in that they don't allow trading some very common investment trusts and funds i.e. the entire Lindsell Train range of funds.
If you're not going to trade very much they're low cost, but be aware that if you are going to trade funds regularly they're likely to be significantly more expensive than a lot of other options.

Seriously, I have so many friends that call the internet so many different things I assumed this was the case here!
So sorry! We can all look like idiots, but only a special few of us can prove it!

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