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Earn tax-free interest with our IFISA

Our Innovative Finance ISA (IFISA) enables you to use your annual Individual Savings Account (ISA) allowance to earn tax-free interest.

  • Receive monthly tax-free interest of typically 6.5% p.a.
  • Invest your full 2021/22 ISA allowance of £20,000
  • Transfer your existing ISAs
  • Secured against UK property
  • No IFSA fees (secondary market fees apply if you wish to exit your loan investment early)

What you should know about IFISA

The IFISA acts as a ‘wrapper’ around your FOLK2FOLK loan investment so that the interest arising is tax-free. You can choose whether to lend inside or outside of the IFISA tax wrapper (or both) but there is a limit to how much new ISA money you can lend within the IFISA each year.

Before you can benefit from our IFISA you must first register as a FOLK2FOLK Investor and ensure you familiarise yourself with secured lending.

The risks of IFISA

IFISAs are not the same as cash ISAs. The risk of investing through a peer to peer platform is higher. Read more.

The IFISA timeline

How long does it take to begin earning tax-free? read more.

How to access your IFISA investment money

What are your options and how to retain your tax-free status.
Read more


For other frequently asked questions, click here to read more.

Are you eligible?

  • You are registered as a FOLK2FOLK Investor
  • You are resident in the UK and tax resident
  • You have not funded any other ISA type investments this current tax year (only applicable if you’re funding the IFISA with new money)
  • You are 18 years old or over

Lender & ISA Guide

Before investing in a loan via FOLK2FOLK read our Lender & IFISA Guide and our Terms & Conditions.