A simple tiered approach to fees

WiseAlpha has liberalised the corporate bond market for everyone but in exchange we ask for a fee to help us run the platform.

Fractional Bonds

On the first

£20,000

1%

Service Fee per year

Amount between

£20,000 - £50,000

0.75%

Service Fee per year

Amount between

£50,000 - £100,000

0.5%

Service Fee per year

Amount over

£100,000

0.25%

Service Fee per year

We only earn when you earn

Our Service Fees are only paid at the time interest payments are received.

All inclusive

The custody, and administration of all investments is included in the Service Fees.

Freqently Asked Questions

Got questions? We’ve got answers.

When does WiseAlpha charge fees and how are they calculated?

The following applies only to investments in the £ Fractional Bonds. € Fractional Bonds have 0% Service Fees. All investments made in € Fractional Bonds before the end of 2019 will continue to have 0% Service Fees until maturity.

Tiered Annual Service Fee

On the first £20,000 - 1%, amount between £20,000 and £50,000 - 0.75%, amount between £50,000 and £100,000 - 0.5%, amounts above £100,000 - 0.25%

Based only on the principal amounts of the Fractional Bonds invested. Fees are collected on a pro rata basis when a borrower makes an interest payment (this is either on a quarterly, semiannual or annual basis).

Example calculation:

1) If you held £50,000 in principal amounts of Fractional Bonds you would be charged 1% on the first £20,000 and 0.75% on the next £30,000 giving an effective annual fee rate of 0.85%

2) If you held £120,000 in principal amounts of Fractional Bonds across all of your WiseAlpha accounts (individual, SIPP, ISA, Corporate) you would be charged 1% on the first £20,000, 0.75% on the next £30,000, 0.5% on the next £50,000 and 0.25% on the final £20,000 which would give an effective annual fee rate of 0.60%

Sale Fee

0.25% Sales Fee Payable only on the principal amount of the Fractional Bonds that you sell prior to maturity.

Please note any amounts you invest in € Fractional Bonds or other WiseAlpha products are not counted in the Service Fee Tiering calculation above.

Where are fees taken from?

Fees will automatically be deducted from your WiseAlpha account when coupon payments are made on each Fractional Bond - there's no extra payment to be made.

Can I sell my Fractional Bonds portfolio and withdraw my funds at anytime?

Clients wishing to sell their investments prior to their maturity dates can do so by creating a sell order on the Market page or relevant product page. Liquidity on our secondary market is dependent on there being an available and willing buyer at the market price. You will receive your cash in your account once another member has purchased the investments you are selling. Please note that a Sales Fee may apply.

To date everyone who has wanted to sell their investments has been able to do so. However, liquidity is not guaranteed.

Award-Winning Provider

WiseAlpha is a leader in financial innovation praised by its members and recognised by industry awards.

Reviews from existing WiseAlpha Members

Read what existing investors have to say about us

The British Bank Awards 2019

Best Investments Provider

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Good Money Guide Awards 2019

Most Innovative Provider

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Invest from just £100 per bond

We've liberated the corporate bond market for the everyday investor.



Capital at risk. No FSCS cover. See Risk Statement and FAQs.