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Question

When will my MarketMaster administration charge be generated?

Answer

The administration fee is charged quarterly in arrears from the date your account was opened. For example, if you open your account on 25 November and have not dealt by the 25 February, you will incur administration fee. This will be charged to your account shortly after the cut-off date each quarter, however we will waive this fee if you deal during the quarter.

  • No administration fee is payable if only funds from our Funds Market are held.
  • £12 + VAT (trade at least once in the quarter and this fee does not apply)
  • An additional £25 + VAT for your overseas portfolio (waived if a deal was made in that quarter)

For full details of our fees please see our Rates & Charges.

A benefit of the Barclays Premier Life Bank account is that there are no admin fees on our MarketMaster accounts. If you have a Premier Life account, please contact us to let us know.

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