Is your ISA stuck in the dark ages?

Earn up to


with our IF ISA.

Get started

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

FCA authorised and regulated

Over 84,000 investors

Over £3.6 billion invested since 2010

Over £148 million interest earned to date​

FCA authorised and regulated

Over 84,000 investors

Over £3.6 billion invested since 2010

Over £148 million interest earned to date​

Exceptional returns

  • Better returns than Cash ISAs and more stable than Stocks and Shares ISAs
  • Invest in loans to creditworthy households and businesses
  • You’re protected by the RateSetter Provision Fund, our buffer against poorly performing loans, which has a 100% track record since 2010
  • Our ISA is flexible, which means you can replace any cash you withdraw within the same tax year without it counting towards your ISA allowance

Looking to transfer
your existing ISA?

  • Move your money into our Innovative Finance ISA today without effecting your £20,000 ISA allowance for the current tax year.  Learn more



Annualised rate


No fee to release your investment



Annualised rate


Release fee: 30 days of interest



Annualised rate


Release fee: 90 days of interest



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

It’s your money so it makes sense that you get the best value from it. By connecting people who have money to invest with those who want to borrow it, everyone gets a better deal. It’s as simple as that.


You can earn more by investing in loans to creditworthy households and businesses.

and businesses

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


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 £250 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.


The Provision Fund we offer does not give you a right to a payment so you may not receive a pay-out even if you suffer loss. The Fund has absolute discretion as to the amount that may be paid, including making no payment at all. Therefore, investors should not rely on possible pay-outs from the Provision Fund when considering whether or how much to invest.  Learn more

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