Is your ISA stuck in the dark ages?

Earn

5.4%

with our IF ISA.

Open your ISA Transfer an ISA

Capital at risk. No FSCS protection. Past performance is not an indicator of future results.

FCA authorised and regulated

600,000 investors and borrowers

Operating since 2010

£3.2 billion invested to date

FCA authorised and regulated

600,000 investors and borrowers

Operating since 2010

£3.2 billion invested to date

£100 bonus for new investors.

Exceptional returns

  • Better returns than Cash ISAs and more stable than Stocks and Shares ISAs
  • Invest in a portfolio of loans to creditworthy households and businesses
  • Your investment is protected by the Provision Fund, with a 100% track record since 2010

Choose your market

Rolling market

3.6%

Annualised rate

Interest paid monthly

+

No fee to access your money

1 Year market

4.6%

Annualised rate

Interest paid at end of term

+

0.3% fee to access your money early

5 Year market

5.4%

Annualised rate

Interest paid monthly

+

1.5% fee to access your money early

Ways to fund your ISA

  • Deposit by debit card or bank transfer

  • Transfer an existing ISA to RateSetter

  • Move money from your Everyday account

A more rewarding ISA

Invest in a portfolio of loans and earn interest, tax free. People like you have already invested £3.2 billion and are earning interest every month, not a penny missed, thanks to our Provision Fund.

Smart
investors

You can earn more by investing into a portfolio of loans to credit-worthy households and businesses. 

Households
and businesses

Get a flexible loan at competitive rates, with a simple application that protects your credit score.

 

Added protection from our Provision Fund

If a borrower misses a payment, the Provision Fund steps in to reimburse you, offering added peace of mind for our investors.
RateSetter is authorised and regulated by the Financial Conduct Authority.

Better than your
existing ISA

Better returns than cash, simpler than stocks & shares

The Innovative Finance ISA (IF ISA) is a new category of ISA, that sits somewhere between the traditional Cash ISA and Stocks & Shares ISA. It makes it possible to invest through peer-to-peer platforms such as RateSetter, tax-free.

You can use your full £20,000 ISA allowance in our Innovative Finance ISA. Alternatively, you can split your investment between each type of ISA providing you stay within the overall £20,000 limit. Make sense? We think so. So far, over £150 million has already been invested through our IF ISA.

Please note that tax treatment depends on individual circumstances and may be subject to change in the future.

Protecting your investment

The RateSetter Provision Fund

Investments with RateSetter are protected by the Provision Fund which provides a buffer against poorly-performing loans. The Provision Fund reimburses investors if a borrower misses a payment. All borrowers pay a contribution to the provision fund, determined by their credit worthiness. A greater risk requires a higher contribution. If a borrower defaults, the Provision Fund takes over the loan, repaying any outstanding capital to RateSetter investors. While the Provision Fund has a 100% track record, it does not provide a guarantee. 

Customer testimonials

Customer testimonials

Getting started

Open your ISA account

Fund your account

Choose your market