What is Cash to ISA investment?
Invest Cash in an Innovative Finance ISA (IFISA)
The minimum IFISA investment is £10,000. You can invest in our term product. The minimum term for this product is 5 years.
Previously there has been Cash ISA’s and Stocks and Shares ISA’s. Now instead of buying shares or investing your cash, you can invest your money via Peer to Peer (P2P) lending.
Invest in Cash
You can invest cash up to your annual tax-free ISA allowance in our IFISA. There are no fees to invest. You can invest in more than one ISA in a tax year but you are restricted to one ISA in each class in a tax year. Therefore, you can invest part of your allowance in a cash ISA, a Stocks and Shares ISA and an Innovative Finance ISA (IFISA) as long as you remain within your ISA allowance for the relevant tax year.
Facts and figures
- 5 year term
- Expected return 8-10%**
- Interest paid monthly into your IFISA
- Capital repayable after 5 years**