An ISA that works as hard as you

With the Zopa Innovative Finance ISA (IFISA) you get all the good stuff that comes with investing with us, plus tax-free interest.

ISAs from previous years are welcome too.

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

The latest market rates for our IFISA are 4.5% in ISA Core, or 5.2% in ISA Plus (after fees and expected defaults).

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.


All our ISAs are flexible ISAs. This means you can take out money then put it back in during the same tax year, without reducing your current year's allowance.

More about flexible ISAs

Transfer in or out

Have an old ISA not earning great interest? You can transfer it to us from another provider. Then 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 multiple ISA-types per tax year. Just like cash and stocks and shares ISAs, you can only have one current year IFISA at a time.

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

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). Our risk statement has all the details.

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 £3.81bn with us.

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


Telephone: 020 7291 8331

UK residents only. Calls may be monitored or recorded.