Welcome to the Zopa IFISA

Earn tax-free interest on your peer-to-peer investments up to your annual tax-free allowance (£20,000 for 2018/19), and on ISAs from previous years that you transfer in to Zopa.

What is an ISA?

An Individual Savings Account (ISA) allows a person to earn tax free interest on cash, stocks and shares, and / or peer-to-peer 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.

Competitive rates

Our ISA offers target returns of 4.5% in ISA Core, or 5.2% in ISA Plus.

It's important to remember that in all peer-to-peer lending your capital is at risk and your investments are not covered by the Financial Services Compensation Scheme (FSCS). Our risk statement has the details.


A flexible ISA allows you to withdraw from your account, and then refund up to the amount withdrawn without contributing to your annual subscription. The same applies for historic ISAs, making it more simple and fair to access your ISA funds when you need them.

More about flexible ISAs

Transfer in or out

Have an old ISA not earning great interest? You can transfer it to us, where it’ll always earn at our latest market rates. Best of all, transferring previous years' ISAs doesn't affect your current year’s allowance.

How do I transfer in?

Because the Zopa ISA is flexible, it's easy to withdraw your money when you need it (and then to replace it). And if you decide to transfer your ISA elsewhere we'll be sorry to see you go, but have a system in place to move your money as easily as possible.

How do I transfer out?

How many ISAs can I have?

Current year: You can split your tax-free allowance across 3 ISAs per tax year. One each of cash, stocks and shares, and innovative finance.

Previous years: There's no limit on the number of ISAs you can have for your previous years ISA balances. You can transfer some or all of your previous ISA balance to a new provider. Be sure to check if your current provider imposes any penalties on this kind of activity, and always use the ISA transfer process to keep your funds' tax-free earnings status.

For more information visit HMRC's ISA FAQs

Happy with your current ISA set up?

You can still benefit from tax-free savings with Zopa.

In April 2016, the government introduced a tax-free Personal Saving Allowance (PSA) of £1,000 (£500 for higher earners). The PSA applies to our lending products without an ISA wrapper.

You'll need to open a Zopa account (if you don't already have one) before proceeding.

We're here to help

Since 2005, more than 76,000 investors and institutions have lent over £3.70bn with us.

Monday to Thursday (8am to 8pm), and Friday (8am to 5pm).

Email: contactus@zopa.com

Telephone: 020 7291 8331

UK residents only. Calls may be monitored or recorded.