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US citizens in the UK · Institutions

Which Plum accounts accept US citizens

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Plum has been checked for US citizens across 3 account types. All 3 are closed to a US person.

At a glance

Account Verdict Last checked
Savings accounts Skip
Stocks & shares ISAs Skip
Brokerage accounts Skip

Savings accounts

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Plum's terms say you must not be a US citizen, resident or green-card holder, and must not be subject to US taxation; that eligibility clause governs every Plum product.

Source: Plum general terms, clause 4.3.3, 2026-08-17 Last checked Plum's own page

Stocks & shares ISAs

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Barred twice over. The general terms say you must not be a US citizen, resident or green card holder, and the ISA section says you may not open one as a US person and must tell Plum if you become one, at which point it will require you to close it. The ISA holds only mutual funds in any case.

FSCS £85,000 investment cover · app only

Source: Plum general terms and ISA section, 2026-08-17 Last checked Plum's own page

Brokerage accounts

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The account declaration you sign says you are not a US person as the IRS defines one, so the door shuts on citizenship rather than residence. Plum's help centre is blunter still, saying American citizens, including those with dual citizenship, cannot use the funds feature in the app.

FSCS £85,000 investment cover · app only

Source: Plum key feature documents and help centre, 2026-08-17 Last checked Plum's own page

Account names link to the provider's own site. momo has no active affiliate partnerships; if that changes it will be disclosed and will never change a verdict. Every institution, A to Z.

Confirm your own position with a cross-border specialist. Acceptance policies and tax rules change, and your facts may differ from the general case. Rates and terms here are the provider's published figures rather than an offer, and the provider decides each application on its own criteria. Use this as a map, not a ruling. Last checked .
Tax

FATCA

FATCA makes UK banks report accounts held by US persons to the IRS. It is not a tax; it is a reporting trail. Where it bites is access.

 Tax

PFIC

Almost every UK-domiciled fund is a PFIC, taxed by the US at punitive rates with heavy filing. This is why US citizens hold individual shares, not UK funds.

 Tax

FBAR

If your foreign accounts top $10,000 combined at any point in the year, you file an FBAR. What counts, when it is due, and what happens if you miss it.

 Tax

ISA US tax

The IRS does not recognise the ISA wrapper. Cash ISA interest and stocks ISA gains are taxable on your US return, and fund holdings drag in PFIC rules.