Invest in the middle
- Make the most of the new tax year
- Tax free up to £20,000
- Easy to transfer in
Our Innovative Finance ISA (IFISA) is nestled in the middle between low risk, low yielding cash ISAs and volatile, high return stocks and shares ISAs.
So, with us you get the returns you expect for a risk you're comfortable to take. What's more, you can transfer in from both previous and current year ISAs and it won't use up any more of your yearly tax-free allowance.
When you invest your money, your capital is at risk and is not protected by the Financial Services Compensation Scheme (FSCS). Tax treatment depends on individual circumstances and may be subject to change in the future. Our risk statement has all the details.
An Individual Savings Account (ISA) allows a person to earn tax free interest on cash stocks and shares or other investments. Each year, you can save up to the tax-free allowance limit, and you can also build up your ISA balance over the years.
In 2017 we launched our Innovative Finance ISA (IFISA), which is an ISA where your money is invested into Zopa peer-to-peer loans.
Our peer-to-peer lending model means we directly match people looking for a low rate loan with investors looking for a higher rate of return.
Returns at Zopa are significantly higher than a bank savings account because you lend directly to borrowers, cutting out the costs of running a bank and the typical bank margin between savings and personal loan rates.
When you invest in our IFISA – just like our non-ISA investments – you invest in the same types of personal loans to the same types of borrowers. The IFISA gets its own section in your online account, with its own holding account and product(s) table.
However, you need to know that your money is not guaranteed by the Financial Services Compensation Scheme, and your capital is at risk.
Latest target returns
years of experience
active retail investors
Our latest 'Just right' market rates for our IFISA are 4.5% in ISA Core, or 5.2% in ISA Plus (after fees and expected defaults).
Open or transfer in to an IFISA today and see how rewarding the middle could be with the FeelGood Money™ company.
Feel good about your IFISA
There are no nasty surprises with our IFISA. Year after year, you'll earn tax-free interest at our latest market rates. And the same goes for any previous years' ISAs you decide to transfer to us from other providers.
When you invest your money, your capital is at risk and is not protected by the Financial Services Compensation Scheme (FSCS). Tax treatment depends on individual circumstances and may be subject to change in the future. Our risk statement has all the details.Sign up to get started
Transfer in from an existing ISA
You'll need to open a Zopa account (if you don't already have one) before proceeding.