Put your cash to work

Explore our range of low-risk options to make the most of your cash.

Capital at risk.

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Important information: When you invest, your capital is at risk. The value of your investments can go down as well as up and you may get back less than you invest. Freetrade does not give investment advice and you are responsible for making your own investment decisions. If you are unsure about what is right for you, you should seek independent advice. 

Choose the best option for your cash

Your options, at a glance:

Interest on uninvested cash

Deciding what your next investment should be? Choosing between our 6,100+ stocks and ETFs? 

While you decide, put your uninvested cash to work by earning interest: 

Basic customers get 1% AER / gross on up to £1,000 uninvested cash.
Standard customers get 3% AER / 2.96% gross on up to £2,000 uninvested cash.
Plus customers get 5% AER / 4.88% gross on up to £3,000 uninvested cash.

Learn more here.

UK Treasury bills

Now available for the first time to individual investors: get over 5%* annualised yield with UK Treasury bills.

Issued and backed by the UK government, these fixed-term debt instruments are considered to be among the safest investments available.

They're issued every Friday as part of a weekly tender. Secure your spot every Thursday by 4:30 PM.  Learn more here.

*The rate achieved is subject to success in the weekly tender. Forecasts are not a reliable indicator of future performance. Capital at risk. This is not investment advice. 

Each UK Treasury bill is a fixed investment for around a month, typically 28 days. However, your money will be tied up for a little longer. It will cease to be available for you to withdraw from the cut-off date, usually a Thursday, on the day before we purchase the UK Treasury bill, usually a Friday. On maturity, your money will become available once we receive the maturity value one business day later. Usually the maturity date is on a Friday and you receive the money on the following Monday, so your money may be tied up for 31 days or more. 

Freetrade's Cash Investments

Explore our collection of low-risk ETFs.

They track or try to outperform overnight rates, like the federal funds rate or Sterling Overnight Index Average (SONIA), or invest in ultrashort investment grade bonds.

Learn more here.

How much can I earn?

Interest on uninvested cash

Depends on your plan. 

Basic: 1% AER on up to £1,000
Standard: 3% AER on up to £2,000
Plus: 5% AER on up to £3,000

UK Treasury bills

You could get over 5%* annualised yield. 

Rate is subject to success in weekly tender. Forecasts are not a reliable indicator of future performance. See previous tender results on the DMO website.

Cash Investments

Like any ETF, this will vary from instrument to instrument. 

Check providers’ websites for the latest yield-to-maturity.

Is there a minimum term?

Interest

No.

UK Treasury bills

Yes! Currently, we only offer fixed 1-month Treasury bills.

Cash Investments

No.

Any fees and charges?

Interest

Only the cost of your subscription plan, should you choose to upgrade to benefit from a higher interest rate:

UK Treasury bills

Fee-free until April 2024. 

From April 2024, a custody fee will apply to UK Treasury bills, based on your subscription plan: 

Cash Investments

Some of these ETFs are USD-denominated, so your returns may be impacted by FX fluctuations and FX fees will apply. These fees vary based on your subscription plan.

Accounts

£0.00/mo

Treasury custody fee:

0.45%

(fee begins Apr 2024)

FX Fee:

0.99%

Interest

1% on up to £1,000 uninvested cash

from £4.99/mo

Treasury custody fee:

0.10%

(fee begins Apr 2024)

FX Fee:

0.59%

Interest

3% on up to £2,000 uninvested cash

from £9.99/mo

Treasury custody fee:

0.10%

(fee begins Apr 2024)

FX Fee:

0.39%

Interest

5% on up to £3,000 uninvested cash 

Coming soon

Learn about UK Treasuries with Freetrade’s guide.
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