New Application Rates
All new membership applications, with the exception of Student
applications, are payable on a pro-rata basis, depending on the time of
year that the application is made.
ACSI / Affiliates - £ (+ £ joining fee)
Your membership will run until 31 March 2026
MCSI / Chartered MCSI - £ (+ £ joining fee)
Your membership will run until 31 March 2026
There is an additional £68.00 fee for MCSI members who would like to apply
for the CERTIFIED FINANCIAL PLANNER
TM professional
designation. There is no direct route into Fellowship and these rates apply
to those that have not been a member within the last three years (except
students). All new members are required to complete and pass an
integrity test prior to joining the Institute, or within the first three
months of association with the CISI.
Find out more
Membership Upgrades
Student members upgrading to Associate (ACSI) or Full (MCSI) will need to
complete a new membership application form. The fees will include the
joining fee plus the subscription fee. Pro-rata fees will apply. View the
New Application tab for summary of pro-rata fees.
Current grade of membership
|
New grade of membership
|
Upgrade cost
|
| Affiliate * |
ACSI |
£55.00 |
| Affiliate ** |
MCSI |
£130.00 |
| ACSI ** |
MCSI |
£130.00 |
| ACSI |
Chartered MCSI |
£130.00 |
| MCSI |
Chartered MCSI |
£55.00 |
| MCSI |
Chartered FCSI |
£81.00 |
| Chartered MCSI |
Chartered FCSI |
£81.00 |
| FCSI |
Chartered FCSI |
£55.00 |
* Affiliate members who have obtained a CISI level 3 or 4 qualification, or
an external qualification that qualifies them for Associate membership can
apply to upgrade their membership. The fee will include the upgrade fee plus
the difference between the membership subscription fees. No pro-rata fees
apply.
** Existing Associate and Affiliate members who have obtained a CISI level 6
or 7 qualification, or an external qualification that qualifies them for
full membership can apply to upgrade their membership. The fee will include
the upgrade fee plus the difference between the membership subscription
fees. No pro-rata fees apply.
Membership Renewals 2025-2026
Grade
|
Membership fee
|
Concessionary rate
|
| Chartered FCSI / FCSI + |
£268.00 |
£134.00 |
| Chartered MCSI / MCSI + |
£242.00 |
£121.00 |
| ACSI |
£167.00 |
£83.50 |
| Affiliate |
£167.00 |
£83.50 |
Tax Reductions
The CISI is a HMRC approved professional organisation, so Membership fees
qualify for a Tax reduction and can be included in your annual tax return as
an allowable expense. Please note your firm will be entitled to show this as
an allowable expense if they pay your membership fee for you.
Please note you cannot claim tax back on fees on subscriptions for:
- Life time membership subscriptions
- Fees or subscriptions you have not paid yourself
Please note - Fellows, Chartered Fellows and Chartered Members of the Institute
who do not renew their membership, will only be able to reinstate as a MCSI
should they wish to reinstate their membership in the future.
+ There is an additional £68.00 fee for Members who currently hold the
CERTIFIED FINANCIAL PLANNER
TM professional designation.
* Concessionary Rates - 50% reduction on the Standard Rate for members who
are retired, unemployed or on maternity leave. Please email
yourmembership@cisi.org
to claim concessionary rates.
Reinstatement Adminstration Fee - Payment of overdue renewal subscription
may incur an additional reinstatement administration fee of up to £50.
Reinstatement
Members whose subscriptions have lapsed will be able to reinstate their
current year's membership at the cost of the full annual fee for that
membership year plus a £55 administration fee. Members can reinstate their
membership within three years of it lapsing, after that, they will need to
re-apply for membership.
Fellow, Chartered Fellows and Chartered Members of the Institute who do
not renew their membership, will need to note, that should they wish to
reinstate their membership in the future, they will only be able to
reinstate as a MCSI.
Reinstatement at grade
|
Subscription fee
|
Administration fee
|
Total
|
| ACSI |
£167.00 |
£55.00 |
£222.00 |
| MCSI |
£242.00 |
£55.00 |
£297.00 |
Concessionary Fees
The CISI offers a range of concessionary fees for new members and members
renewing their annual subscriptions. These are available to any
non-Student member who, at the time of renewal, is either;
- On maternity leave
- Unemployed*
- Retired*
The concessionary rate is 50% of the full annual subscription. *The CISI
has a strict definition for both "unemployed" and "retired". Anyone who is receiving income of £20,000 or more may not claim a retired or unemployed concessionary fee. More information about concessionary fees can be found here. Please note concessions are not offered for members upgrading or
reinstating their membership.
Membership Renewals – Please fill out the concessionary rates form to claim concessionary rates. If you have any questions regarding your concessionary discount for your renewal, please email yourmembership@cisi.org.
New members – Please email concessionarydiscount@cisi.org to claim concessionary rates before applying for new membership and provide proof of low income with one of the following documents:
- P60 covering the previous tax year
- Recent payslip from your employer dated within the last three months
- Confirmation of registration from a school/college/university as a full-time student
- Letter of confirmation of receipt of Universal Credit from the Department for Work and Pensions
International Applicants:
Individuals in low GDP countries are also eligible for a discount. Please email concessionarydiscount@cisi.org for further information.
Life Time Membership Option - Retired Members Only
The CISI has a lifetime membership option for retired members. Any retired
(non-Student) member will now have the option of making a one-off payment
to obtain life-long membership of the CISI. The fee has been set at 10
times the concessionary rate (or five times the full rate) for that
category. For more information please contact us.
Tax Relief
As the CISI is a professional body and membership is relevant to the job
you do, membership and joining fees qualify for tax relief.
Therefore you can include this on your annual tax return as an allowable
expense and this will reduce your final tax bill by a percentage of the
fee. If your employer pays your fees then they would be entitled to show
this as an allowable expense, but then you cannot also claim the cost on
your own tax return.
The Chartered Institute for Securities & Investment is listed on HMRC
Approved professional organisations and learned societies list as
Securities and Investment Chartered Institute for (formerly the Institute
for Securities and Investment).
SPS
New applications
| Application Type |
Price |
| Member - if paid for at application. |
£54 |
Renewal applications
| Application Type |
Price |
| Member - paying for SPS at application. |
£40 |
| Renewal Application when paid in advance with your CISI membership renewal. |
£26 |
| SPS Administration Fee for Manually Submitted Renewal Applications. |
£25 |
Due to a recent change in interpretation of guidance on VAT from HRMC,
we are no longer required to charge VAT on SPS fees