What payment methods can I use to invest?

Single contributions

Debit card

It takes 1 working day for debit card payments to clear and our payment limit is £99,999.

Bank transfer

To make a bank transfer to a General Account, you will need to choose bank transfer as the payment method in your account. You will then receive a secure message with instructions, including our bank details. Please use your Vanguard account number as the payment reference. 

The minimum single transfer amount we accept is £50,000. If your bank account has a transfer limit below £50,000, please contact them to arrange a higher limit. Please do not send multiple smaller transfers to reach or exceed £50,000. 

You can only make a bank transfer to General Accounts, or to ISAs when replacing eligible withdrawals (without affecting your current year’s ISA allowance). Learn more about replacing ISA withdrawals.

It can take up to 2 working days for a bank transfer to clear. We’ll send you a message as soon as your payment has been received and the transaction is complete.

You cannot make a bank transfer for Pension, ISAs or Junior ISA accounts.

Monthly contributions (regular payments)

Direct Debit

You can set up a monthly Direct Debit with a verified bank account linked to your Vanguard account. Find out how to set up a monthly contribution.

Monthly contributions made via Direct Debit are subject to a clearance period of 2 full business days. During the clearance period, cash is treated as ‘unsettled’ and cannot be withdrawn, used for trading or earn interest. Once the clearance period has completed, cleared cash becomes available and any linked investment instructions will then be actioned.

We do not accept payment by 

• credit card
• cheque
• standing order
• Direct Debit from business accounts
• pre-paid cards
• Apple Pay, Google Pay or PayPal