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Investing for climate impact

Transfer your ISA in a few simple steps and feel confident it is working for you and the planet.

With investing, your capital is at risk. Tax treatment depends on individual circumstances and is subject to change.

Investing for climate impact Image

Why transfer your ISA to Clim8?

  • Actively managed portfolios built by our in-house investment team
  • Invested exclusively in climate solutions
  • Tailored to your risk profile
  • Transparent about what is in your portfolio

How to transfer your ISA

If you’re a new customer, first download the Clim8 app. Then while we’re getting you on board, we’ll give you the option to open a new ISA or transfer an existing one.

If you’re already a customer, you can easily choose to transfer your ISA through the top-up function in the app!

Once you’ve completed your transfer request form, our team will take care of everything with your existing provider. They may be in touch to confirm some details before the transfer takes place.

Which ISAs can I transfer?

Currently, we offer a Stocks & Shares ISA, however you can transfer any ISA from the list below to your Clim8 account. For additional information, check the FAQs or get in touch

    • Stocks & Shares ISA
    • Cash ISA
    • Innovative Finance ISA

Tailored to your risk profile

Choose the risk profile most suited to you by selecting from one of three curated options.

Cautious

A lower risk portfolio weighted towards more stable investments

Equity

23.5%

Fixed income

68%

Cash

7.5%

Alternative

1.0%

Performance -2.76%

Benchmark -5.59%

Balanced

A portfolio with a balance of risk and reward

Equity

48.5%

Fixed income

42.5%

Cash

6.5%

Alternative

2.5%

Performance -3.65%

Benchmark -3.34%

Adventurous

A portfolio with more dynamism and a higher risk profile for long-term growth

Equity

70%

Fixed income

20.5%

Cash

5.5%

Alternative

4%

Performance -4.73%

Benchmark -5.11%

With investing, your capital is at risk. This is an indicative portfolio breakdown. Your breakdown may vary slightly based on your investment amount and adjustments to maximise performance. Performance based on last 12 months up to 31 October 2022. Returns are illustrative only. Past performance is not a reliable indicator of future performance. The portfolios were established on 21 August 2020. Respective benchmarks based on comparative portfolio composition data using MSCI World and the Barclays Global Aggregated Bond Indices.

Affordable and transparent investing

Platform fee

  • 0.6%

    Annual management fee, calculated and charged monthly in arrears

    For example, for a £5.000 investment, the charge would be £2.50 a month.

Portfolio costs

  • 0.35-0.5%

    Blended costs for a shares and funds in the portfolio.

    This can carry over time as we seek to optimise your investments.

Peace of mind

  • Your personal information is bank level encrypted
  • Your ssets are protected by the Financial Services Compensation Sheme (FSCS) up to a limit of £85.000.

FAQ ISA

What is an ISA?

    An ISA is an Individual Savings Account which is a tax efficient wrapper that allows you not to pay tax on any growth or income you’ve made in investing or saving while your savings or investments remain within the ISA wrapper. The government allows every tax resident in the UK a set amount of tax-free allowance within each tax year – this tax year (2021/22) it’s £20,000. If you don’t use all your tax-free allowance for that year, it doesn’t roll over to the next year.

    You can read more about ISAs in our dedicated product page.

I already have an ISA, can I open another with you?

    Provided you have not opened and or funded a stocks or shares ISA in the current tax year, then you can open a Stocks and Shares ISA with Clim8.

    If you have a cash ISA with another provider, you can open a Stocks & Shares ISA with Clim8, and you can split your tax-free allowance of £20,000 between the two.

How do I combine/transfer my current Stocks and Shares ISA into a Clim8 ISA?

    Once you’ve started opening your new Stocks and Shares ISA in-app, you can easily tell us you want to transfer your existing ISA with just a few taps.

    For help with your ISA transfer, please contact our customer service team at support@clim8.com for more information.

How long does an ISA transfer take?

    Transfers normally take up to 4 weeks. However, this depends on your current provider. We always aim to process transfers as quickly as possible but if your transfer is taking longer than expected, it is a good idea to follow up with your current provider as they may be able to help progress the transfer across.

Does transferring my ISA count towards my annual allowance?

    No, ISA transfers do not count towards your annual allowance. Further contributions into your Clim8 ISA will count towards your tax-free annual ISA allowance.