Are interest arrangements on cash balances disclosed, including any retained share?
Answered for 6 of 6 firms. Published statement of rate paid and rate retained
FREETRADE LIMITED
VerifiedWe may receive interest on the client money that we hold for you, where we place it with third parties in accordance with the client money rules. This interest is retained by us and not passed directly onto you.
The client agreement states that Freetrade may receive interest on client money placed with third parties, and that this interest is retained by Freetrade and not passed directly to the customer.
Binding document · Freetrade Limited · Check the source
you will cease to accrue any interest on the cash in your relevant Freetrade Account and you will not be paid any interest which has accrued but is unpaid as at that date
The client agreement states that upon termination notice, the customer will stop accruing interest on cash in their Freetrade Account and will not be paid any interest that has accrued but remains unpaid as at that date.
Binding document · Freetrade Limited · Check the source
1% AER on up to £1k uninvested cash
The pricing page states that the Basic plan pays 1% AER on up to £1,000 of uninvested cash.
Published by the firm · Freetrade Limited · Check the source
You acknowledge that we may receive interest on all of our clients’ funds held by our Custodians, and hereby waive your right to claim payment of any part of such interest.
The document discloses that the firm may receive interest on all clients' funds held by its Custodians, and that clients waive their right to claim any part of such interest.
Published by the firm · Freetrade Limited · Check the source
The amount of interest that we pay to you may be capped at a maximum amount.
The client agreement states that the amount of interest paid to customers may be capped at a maximum amount.
Binding document · Freetrade Limited · Check the source
We may pay you interest on some or all of your client money balance held with us, as we agree with you from time to time.
The client agreement states that Freetrade may pay customers interest on some or all of their client money balance, as agreed from time to time.
Binding document · Freetrade Limited · Check the source
Your Available Funds will not attract any interest, even if they are in credit.
The document states that Available Funds do not attract any interest for the client, even when in credit.
Published by the firm · Freetrade Limited · Check the source
3.5% AER on up to £3k uninvested cash
The pricing page states that the Plus plan pays 3.5% AER on up to £3,000 of uninvested cash.
Published by the firm · Freetrade Limited · Check the source
2.5% AER on up to £2k uninvested cash
The pricing page states that the Standard plan pays 2.5% AER on up to £2,000 of uninvested cash.
Published by the firm · Freetrade Limited · Check the source
Cheques or payment orders that remain uncashed and residual Account balances will not attract further interest.
The document states that cheques or payment orders that remain uncashed and residual Account balances will not attract further interest.
Binding document · Hargreaves Lansdown Asset Management Limited · Check the source
HLAM receives all interest earned on cash balances held in Client Bank Accounts and then separately pays interest to you on the
The document states that HLAM receives all interest earned on cash balances held in Client Bank Accounts and then separately pays interest to the client.
Binding document · Hargreaves Lansdown Asset Management Limited · Check the source
Cash balances held in the Client Bank Accounts and SIPP Trustee Bank Accounts are expected to earn interest of between 0.5% below and 0.5% above the prevailing Bank of England base rate over the next 12 months.
The document states that cash balances held in the Client Bank Accounts and SIPP Trustee Bank Accounts are expected to earn interest of between 0.5% below and 0.5% above the prevailing Bank of England base rate over the next 12 months.
Binding document · Hargreaves Lansdown Asset Management Limited · Check the source
Interest is earned on cash balances held in SIPP Trustee Bank Accounts. The PMS SIPP Key Features show the interest we expect to receive. The interest received will be used to credit interest to your PMS SIPP at rates determined by us
The client agreement states that interest is earned on cash balances held in SIPP Trustee Bank Accounts and is used to credit interest to the PMS SIPP at rates determined by the firm.
Binding document · Hargreaves Lansdown Asset Management Limited · Check the source
Cash balances held in the Client Bank Accounts and SIPP Trustee Bank Accounts are expected to earn interest of between 0.5% below and 0.5% above the prevailing Bank of England base rate over the next 12 months.
The document states that cash balances held in Client Bank Accounts and SIPP Trustee Bank Accounts are expected to earn interest of between 0.5% below and 0.5% above the prevailing Bank of England base rate over the next 12 months.
Binding document · Hargreaves Lansdown Asset Management Limited · Check the source
HLAM receives all interest earned on cash balances held in Client Bank Accounts and then separately pays interest to you on the 04 cash you hold with us at rates determined by us. We retain the difference between the interest we receive and the interest we pay to you.
The document states that HLAM receives all interest earned on cash balances held in Client Bank Accounts and separately pays interest to clients at rates determined by HLAM, retaining the difference between the interest received and the interest paid.
Binding document · Hargreaves Lansdown Asset Management Limited · Check the source
HLPT pays to HLAM an amount equal to the difference between the interest it receives on cash in the SIPP Trustee Bank Accounts and interest credited to your PMS SIPP as a fee for managing the PMS SIPP cash.
The client agreement states that HLPT pays HLAM an amount equal to the difference between the interest received on cash in the SIPP Trustee Bank Accounts and the interest credited to the customer's PMS SIPP, as a fee for managing the PMS SIPP cash.
Binding document · Hargreaves Lansdown Asset Management Limited · Check the source
MONZO BANK LIMITED
VerifiedThe Investment Services Partner may earn interest on cash balances held in your investment account(s) and if it does, it will pay it to charity.
The agreement discloses that the Investment Services Partner may earn interest on cash balances held in the investment account, and that if it does, it will pay that interest to charity.
Binding document · Monzo Bank Limited · cash interest clause · Check the source
Any interest Seccl pay would be accrued daily and paid monthly in the month immediately following that for which it was accrued. Interest would be calculated on cleared cash balances only.
The document states that any interest Seccl pays would accrue daily and be paid monthly in the month following accrual, calculated on cleared cash balances only.
Binding document · Monzo Bank Limited · Check the source
If in the future, Seccl decide to pay interest to you, weʼll let you know (along with details of the interest rate).
The document states that if Seccl decides in future to pay interest to customers, Monzo will inform customers along with the interest rate details.
Binding document · Monzo Bank Limited · Check the source
STARLING BANK LIMITED
VerifiedPlease see ‘Interest rates’ section in the ‘Rates, fees and charges’ section of your account schedule for further details of any interest paid on positive balances.
The general terms state that further details of any interest paid on positive balances are set out in the 'Interest rates' section of the account schedule's 'Rates, fees and charges' section.
Binding document · Starling Bank Limited · Check the source
You won’t earn any interest on this account. This means we won’t pay you interest on your balance.
The document states that no interest is paid on the account balance.
Binding document · Starling Bank Limited · Check the source
TRADING 212 UK LIMITED
VerifiedIf you choose not to participate in the Interest Sharing Programme, we will not hold your Available Cash in QMMFs and therefore, no interest will be paid to you as per clause 15.1. We may still hold your Available Cash in Term Deposits and/or Regular Bank Deposits with UK/EU-regulated financial institutions, and we will retain any received interest.
The client agreement states that if a client chooses not to participate in the Interest Sharing Programme, no interest will be paid to them and the firm will retain any received interest.
Binding document · Trading 212 UK Limited · Check the source
We will retain any received interest, and we will separately pay you part of it in the currencies and at the rates specified in the Terms & Fees page on our Website.
The client agreement states that under the Interest Sharing Programme, the firm will retain any received interest and separately pay clients part of it in currencies and at rates specified on the Terms & Fees page.
Binding document · Trading 212 UK Limited · Check the source
WISE PAYMENTS LIMITED
VerifiedUsing Stocks Have a stake in the world’s largest companies Capital at risk. Growth not guaranteed Learn more From 0.59% annual fee
The fee schedule states that using Stocks carries an annual fee from 0.59%.
Published by the firm · Wise Payments Limited · Check the source
Using Wise Interest Keep your money in an interest-earning fund Capital at risk. Growth not guaranteed Learn more From 0.26% annual fee
The fee schedule states that using Wise Interest, an interest-earning fund, carries an annual fee from 0.26%.
Published by the firm · Wise Payments Limited · Check the source
The funds held on your Wise Account may not earn any interest or return.
The agreement states that funds held on the Wise Account may not earn any interest or return.
Binding document · Wise Payments Limited · Check the source
Every firm here was asked the same question against the same published standard, and every answer quotes the passage it came from. Where the answers differ, the difference is in the firms’ own documents, not in how we read them.
Darker text marks stronger evidence. A statutory register prints at full strength; a firm’s own marketing prints lighter. The methodology sets out the weightings.