Your ISA Could Do Better
The RateSetter IF ISA offers all the advantages of our Everyday Account in a tax-free wrapper. You’ll still benefit from the same Provision Fund, interest rates, markets and borrowers plus you’ll be earning gross returns.
- Flexible ISA: You can withdraw and replace funds in the same tax year without affecting your ISA allowance.
- A Balanced Portfolio: You can invest in the RateSetter Innovative Finance ISA alongside another ISA
- Provision Fund: protects investors by providing a buffer from poorly performing loans.**
- Investment options to suit you: Invest in our Rolling, 1 Year and 5 Year market.
**The Provision Fund has a 100% track record, with every investor receiving back every penny they invested, but it does not provide a guarantee, so your capital and interest are at risk if the Provision Fund is depleted by increased borrower defaults.
Better returns statement based on 3 month average for 5 Year Market of 4.9% at 1 June 2018 versus a 1.06% Interest rate of UK monetary financial institutions sterling two year fixed rate cash ISA. Source: Bank of England 30 April 2018.
Investment Options
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Rolling
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Loan terms: Your money will be invested in loans with a maximum term of 5 years.
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Earnings: Your money, plus interest, is repaid by borrowers every month. These repayments are automatically reinvested at the Market Rate so your earning compounds.
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Access: You can request to release your reinvestment anytime, free of charge. Normally, investments are instantly released from funds rolling in the market. However, this isn't like an instant access bank account so it's possible that you will have to wait for the monthly repayments.
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1 Year
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Loan terms: Your money will be invested in loans with a maximum term of 1 year.
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Earnings: Your money, plus interest, is repaid by borrowers at the end of the loan term (although borrowers may choose to repay early). Your money will be reinvested according to your settings.
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Access: You can request to release your reinvestment early, before borrowers have repaid. Normally, investments are instantly released from funds in the market. However, this isn't like an instant access bank account so it's possible that you will have to wait for the repayments. The fee for early access is 0.3%.
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5 Year
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Loan terms: Your money will be invested in loans with a maximum term of 5 years.
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Earnings: Your money, plus interest, is repaid by borrowers every month (although borrowers may choose to repay early). Your money will be reinvested according to your settings.
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Access: You can request to release your reinvestment early, before borrowers have repaid. Normally, investments are instantly released from funds in the market. However, this isn't like an instant access bank account so it's possible that you will have to wait for the repayments. The fee for early access is 1.5%.