Help with Halifax shares

[Sam1982]

Hi I have been trying to do my shares today and when trying to register an account with Halifax it is saying I need to deposit a minimum of £100 to open it up. I was only going to buy 5 shares for now and these would have been less than this. Is depositing £100 what everyone that has got shares through Halifax has had to do aswell?

x x

 

[tennisfan]

Hi I have been trying to do my shares today and when trying to register an account with Halifax it is saying I need to deposit a minimum of £100 to open it up. I was only going to buy 5 shares for now and these would have been less than this. Is depositing £100 what everyone that has got shares through Halifax has had to do aswell?

x x

I think everyone did that to open the account & then transfered the remained back into their current account after purchasing what they wanted

 

[jillrobinson]

£100 is the minimum deposit to buy the shares, but once the transaction's gone through you can transfer the reaminder back to your bank account. Or at least it's what I did.

 

[Roon]

Why not just buy 100 pounds worth of shares. They will probably earn you more interest the long run than the money being stuck in your account. If you only buy five you will have 30 euros per two years to spend on membership of the club. Good luck.

 

[DLPdaft]

£100 won't get you 20 shares to avoid paying the shareholders club administration fee at the moment - Eurodisney SCA share price is high right now.

 

[jillrobinson]

£100 won't get you 20 shares to avoid paying the shareholders club administration fee at the moment - Eurodisney SCA share price is high right now.

Yes i was quite surprised to see them reach over 10 euros in Feb, although they have dropped a little again now.

 

[Roon]

I'm sorry, I had no idea the price had risen so much.