Vanguard UK
Illustrative reference data — not personal financial advice. Verify rates and fees on the provider’s own pages before acting.
0.15% per year, minimum £48/yr (£4/month floor under ~£32k balance), capped at £375/year above ~£250k. Vanguard funds only. Pays ~3.10% on uninvested cash via their Sterling Short-Term MMF (down from ~4% — followed BoE cuts).
Products tracked
- SIPP0.15% / year (min £48) (capped £375)Uninvested cash rate: 3.10% AERAnnual Equivalent RateA standardised way to express savings interest, accounting for compounding. Lets you compare rates fairly across providers. (via MMF — not FSCS-protected directly)
- Stocks & Shares ISA0.15% / year (min £48) (capped £375)Uninvested cash rate: 3.10% AERAnnual Equivalent RateA standardised way to express savings interest, accounting for compounding. Lets you compare rates fairly across providers. (via MMF — not FSCS-protected directly)
- Lifetime ISA0.15% / year (min £48) (capped £375)Uninvested cash rate: 3.10% AERAnnual Equivalent RateA standardised way to express savings interest, accounting for compounding. Lets you compare rates fairly across providers. (via MMF — not FSCS-protected directly)
- General Investment Account0.15% / year (min £48) (capped £375)Uninvested cash rate: 3.10% AERAnnual Equivalent RateA standardised way to express savings interest, accounting for compounding. Lets you compare rates fairly across providers. (via MMF — not FSCS-protected directly)
- Low platform fee at mid-to-large balances (0.15%)
- Capped at £375/yr — flat above ~£250k
- ~3.10% on uninvested cash (Sterling Short-Term MMF)
- Strong institutional pedigree
- £48/yr minimum makes it pricey below ~£32k (effective fee >0.15% at small balances)
- Vanguard funds only — no individual stocks, no other fund houses
- No LISA bonus chasing (some platforms pay one-off bonuses)
- Web-only research — minimal app
- MMF cash isn't FSCS-protected directly (it's a fund holding, not deposit)
Fee breakdown
- Platform fee— Capped at £375/yr0.15%
FSCSFinancial Services Compensation SchemeUK government-backed protection if a firm fails. Cash deposits at an authorised bank or building society are covered up to £120,000 per person, per banking group (raised from £85,000 on 1 December 2025). Investments at an authorised platform are covered up to £85,000 — a separate scheme. NS&I sits outside FSCS with 100% HM Treasury backing. protection
Investments covered under FSCS investment scheme (£85,000 per authorised firm). Uninvested cash held in Sterling Short-Term MMF — fund units, not deposit-protected; the £85,000 investment cover applies.
FSCS deposit cover is per banking licence (not per brand). Lloyds Banking Group includes Lloyds, Halifax, Bank of Scotland, and Birmingham Midshires — all share one £120,000 cap. Investment platforms run on a separate FSCS scheme capped at £85,000. NS&I sits outside FSCS with 100% HM Treasury backing. Spreading large balances across separate licences preserves coverage.
0.15% capped at £375/yr above £32k. Below £32k: £4/month flat floor. Single fee covers SIPP+ISA+JISA combined.
Run the comparator
The fees and rates above are reference data. Run the 60-second sniff to see what Vanguard would mean for your actual balance against alternatives Feefee tracks.
Reference data only — not personal financial advice or a recommendation. Rates and fees move; verify on the provider’s own pages before opening or transferring an account. Provider trademarks belong to their respective owners; Vanguard UK appears here under nominative fair-use as identification of a UK financial product.