The Dodl account charge
Calculate your Dodl charge
See what your Dodl account would cost you each month.
How it works: It's a projection of the full year charge based on the investment value you enter, then divided up into the monthly charge. Don't worry, you won't be charged until you've invested.
Enter the value of investments in your Dodl account:
Your full year charge would be (0.15% of what you entered):
£0.00
So your monthly charge would be (it's that charge above divided by 12, min. £1)
£0.00
The calculator is a tool to help you understand the Dodl account charge and compare it with other providers. It doesn’t project your actual charges, which’ll likely differ and be based on the real value of the investments in your account each month. It also doesn’t include any investment charges, like foreign exchange charges or stamp duty for shares, or ongoing charges for funds.
How does Dodl compare?
Well, here's a little comparison table we made earlier.
Investment ISA with... |
Monthly |
Annual % charge? |
How it works out for a |
---|---|---|---|
Dodl | Nope | 0.15% (min £1 per month) |
£1.25 / £15 |
Freetrade | £5.99 | Nope | £5.99 / £71.88 |
Moneybox | £1 | 0.45% | £4.75 / £57 |
Nutmeg | Nope | 0.45% - 0.75% | £5 / £60 |
Vanguard | Nope | 0.15% | £1.25 / £15 |
Wombat | £1 | 0.10% | £1.83 / £22 |
1. Charges and subscriptions based on those published on all providers' websites on 5 June 2023. Charges can and do change so it's best to check websites for the latest figures. 2. Example of annual and monthly charges based on an investment ISA portfolio value of £10,000. 3. Investment charges, e.g. FX charges for shares and ongoing charges for funds aren't included in this table. 4. Freetrade's charge is based on their standard plan, paid monthly. 5. Vanguard's charge is per person rather than per account. And for the purposes of this comparison table, an average of Nutmeg's annual charge has been used (0.60%). 6. Because charges (with the exception of Freetrade) are based on the value of your investments, monthly charges will change as investment values change.
Interest rates on cash
We pay 5% interest (5.09% AER variable) on cash that is not yet invested and is held in any Dodl investment ISA and lifetime ISA accounts.
That means you’ll be able to earn on the cash you keep in your account while you decide how you’d like to invest – just remember you'll also need some of this cash to cover your account charge.
If you have a pension or general investment account, you won’t earn interest on money you hold as cash.
You can read more about our interest rates on cash by heading to our interest page.
Though they're important to consider, charges aren't everything - make sure the provider you go with offers exactly the products and services you need. And remember, Dodl doesn't do advice, just clear info!