Compare Innovative Finance ISA Opportunities

2020/21 Innovative Finance ISAs

Compare selected IF ISA options for your 2020/21 ISA. The current annual allowance is £20,000.

Latest ISA Offer

Target Rate 7.28% pa

EasyMoney UK Property Backed ISA

  • Tax Free ISA
  • Interest Paid Monthly
  • Minimum £10,000
  • Ask To Withdraw At Any Time
  • Backed By UK Property
  • Investor Support Hotline
  • Transfer In Existing ISA
Property Backed ISA »

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Crowd 2 Fund Peer to Peer IF ISA
Target Return
per annum
1 to 5 Years
Property or Business Backed
Business Backed
Peer-to-peer lending can offer potentially attractive returns. Returns may be higher or lower. There is a risk you may lose some or all of your initial investment as it is not protected by the Financial Services Compensation Scheme, although many lenders offer their own compensation schemes.

There are no tables for this criteria

There are no tables for this criteria

Peer to Peer IF ISA

With an Innovative Finance ISA savers using peer-to-peer lending platforms benefit from the tax-advantageous nature of ISAs.

Peer to peer lending, also known as P2P lending, is way in which savers can lend money directly to borrowers, getting rid of the middle man and potentially benefiting from a better interest return on their investment.

The new Innovative Finance ISA allows savers to put their peer to peer investments in a tax-efficient wrapper so they can achieve tax-free returns on the interest earned from their investment. There are a range of different Peer to Peer Lending Platforms that offer Innovative Finance ISAs that allow you to lend to borrowers, so it is wise to shop around and consider which is best for you.

There is a risk with peer to peer back lending that you will get back less than you originally invested and peer-to-peer lending is not currently protected by the Financial Services Compensation Scheme

How the Innovative Finance ISA works

The ISA allows individuals to get tax-free returns on their investments in Financial Conduct Authority regulated and approved P2P lending platforms, which are typically available online, these platforms allow you to invest in various types  of borrower seeking various loan types  such as; personal loans, business loans and property loans.

The Innovative Finance ISA is its own distinct category of ISA, meaning savers can open other types of ISA as well such as a Cash ISA or Investment ISA; however it is important to remember to break up your allowance between the accounts so you do not exceed it.


In order to be eligible for an Innovative finance ISA you need to be:

  • Aged 18 years or over
  • A UK resident and tax payer

There is not currently a Junior Innovative Finance ISA plan.

Important Risk Information: This website contains information only and does not constitute advice or a personal recommendation in any way whatsoever. The value of investments and income from them can fall as well as rise and you may not get back the full amount invested. The tax efficiency of ISAs is based on current tax law and there is no guarantee that tax rules will stay the same in the future. Different types of investment carry different levels of risk and may not be suitable for all investors. Prior to making any decision to invest, you should ensure that you are familiar with the risks associated with a particular investment and should read the product literature. If you are in any doubt as to the suitability of a particular investment, both in respect of its objectives and its risk profile, you should seek independent financial advice. * Details of how the Financial Services Compensation Scheme applies to investment firms can be found at fscs.org.uk.