Beanstalk
Beanstalk is a low-cost app-based platform established by KidStart, a shopping club with over 2,300 retailers, which gives cashback straight into kids’ accounts.
It is focused on family investing and allows investors to invite others to co-contribute to financial pots, set up saving plans and top up on the go. It offers stocks and shares ISAs and JISAs.
Available products & wrappers
| General investments | ISAs | Lifetime ISAs | Junior ISAs | Pensions & SIPPs | Junior pensions & SIPPs | Other |
|---|---|---|---|---|---|---|
| Open an account with £10 |
Table of charges
| Platform charges | Product charges | Other charges | |
|---|---|---|---|
| Platform fees | 0.5% | ||
| Underlying fund charge | 0.12% - 0.15% |
Minimum investments
| Lump-sum | Top-ups | Monthly |
|---|---|---|
| Open an ISA with £10 (Open a JISA with no contribution) | No fixed monthly or minimum fees |
Compare + Invest review of Beanstalk
| Products & wrappers | Research & guidance | Charges | Overall rating |
|---|---|---|---|
If it's saving and investing for your kiddies that you’re interested in, this UK fintech could be the platform for you. A low-cost investing app, it is designed to facilitate easy investing for families.
The app lets you invite others to contribute, set up a regular savings plan, or top up whenever you like. ISAs and Junior ISAs are available and it uses index trackers from Fidelity and L&G to keep costs down..
Our review of Beanstalk App
A great place to start investing for the kids and with lots of nice features. It’s a member of Kidstart, the loyalty programme for parents, so you get cashback straight into the ISAs from retailers who are part of the scheme.
