What is ISA to ISA investment?
Invest in an Innovative Finance ISA (IFISA) by Transferring from an ISA or 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.
How do I transfer?
You can transfer from your Cash ISA’s and Stocks and Shares ISA’s into our IFISA. You will be asked to complete details of your current provider during the application process.
Are there any other fees to transfer?
Guarantor My Loan does not charge any fees to invest in an IFISA, however you should check with your current provider as to whether they may charge a fee to transfer your investment to us.
Facts and figures
- 5 year term
- Expected return 8-10%**
- Interest paid monthly into your IFISA
- Capital repayable after 5 years**