28 of 42 UK investment platforms decline US citizens

Headline figures

1. 28 of 42 investment platforms decline a US citizen

   These are the providers checked for a stocks and shares ISA or a general investment account. 28 decline a US citizen for every one of those accounts they sell, and 14 open at least one. By account: 29 of 37 decline for a stocks and shares ISA and 26 of 39 for a general investment account.

2. 1 of 42 has published a notice closing accounts held by people living in the US

   Interactive Investor is withdrawing its services from US residents, and says it began writing to the customers affected on Nov 11, 2025. Its notice covers a stocks and shares ISA, a general investment account, a pension and a Junior stocks and shares ISA. The notice is written against people who live in the United States, not against US citizens living in the UK, whom its terms already decline for a new account. No other closure is on file: one reported elsewhere is not counted here without the provider's own notice. Every Interactive Investor verdict Source: ii US Residency Closure FAQs, 2026-10-08 ↗ (opens in a new tab)

3. 32 of 32 current account providers accept a US citizen

   31 of them attach no condition for being American, and none declines. A current account is reported to the IRS under FATCA like any other, which is routine for a bank and not a reason to refuse. Current accounts, provider by provider

4. 114 of 387 verdicts are a refusal

   Across every account type, 161 of 387 verdicts accept a US citizen with no condition, 112 accept with conditions and 114 decline. Counted by provider, 28 of 159 decline a US citizen for every account they sell. The table below gives the split for each account type.

5. 4 of 4 savings platforms run by Raisin UK decline a US citizen

   Raisin UK runs its own marketplace and 3 more under other names: AJ Bell Cash savings hub, Aviva Save and Smart Savings from Willis Owen. One eligibility policy decides all 4, and each platform repeats it in its own terms. The platforms and their terms

6. 12 of 89 credit cards are open with no UK credit history

   They come from 2 of the 26 issuers checked, American Express UK and Yonder, the only ones that say they will look at something other than a UK credit file. No issuer declines a US citizen outright; the barrier for a recent arrival is the file. Credit cards, card by card

7. 112 of 387 verdicts accept with conditions

   The conditions most often stated, each as a count of those 112 verdicts. A verdict stating two counts under both, and 51 state none of these, most often because the provider publishes nothing about US persons either way.

   • 17 of 112: an application through a regulated adviser
   • 17 of 112: extra US tax paperwork
   • 13 of 112: income paid in sterling
   • 12 of 112: settled status or permanent residence
   • 11 of 112: a run of UK address history
   • 5 of 112: a minimum far above the ordinary
   • 2 of 112: an account with the same provider already

The split, by account type