In 2026 we'll be making some changes to how we handle the cash held in your accounts
From January the annual platform charge will apply to your invested assets only and cash will be excluded from the calculation. We'll also start to retain a percentage of interest earned on cash and pass the remainder to you. The changes will bring us in line with most other uk platforms. Even with this change the interest rates remain competitive when compared to cash held in easy access current accounts at UK banks.
Learn more
Our Q&A document is here to help you understand why we're making this change and how it will impact you. We'll keep the document up to date with any new information or frequently asked questions.
See what this means for you
This calculator shows how much interest you'd receive in different scenarios. Just enter a cash amount and an interest rate and the calculator will show you how much you'd receive and how much we'd retain.
How we calculate the interest we pay and retain
We'll use a tiered approach to calculate the interest you will receive, with different amounts retained for each band of interest. We’ve chosen this method to ensure the interest you receive is fair and competitive.
To see how the interest is calculated across the tiers let's look at an example.
In this example we assume you have £5,000 in your cash account and the interest rate is 3.5%.
Over one year the total interest received from our banking partners would be £175 (that’s 3.5% of £5,000).
The table below shows how the £175 is allocated between the amount we retain and the amount we pay across the interest rate bands.
The figures presented are for illustrative purposes only, and should not be relied upon as financial advice or a guarantee. Actual amounts paid and retained are available for customers to view on the platform transaction history screens.
Upcoming changes to your documents
We've also produced a document showing the upcoming changes to the Terms.