The Downing Innovative Finance ISA

Invest in Crowd Bonds without being taxed on any interest you earn.

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Banyers House, supported by the Hedderwick Pub Bond

Invest through the Downing IFISA in three easy steps

Open your Innovative Finance ISA

Complete your profile to set up your Downing IFISA

Add funds

Fund your account by bank deposit or by transferring savings from your other ISAs

Invest and earn returns tax free

Select the Crowd Bonds you wish to invest in and put your ISA to work

What is an Innovative Finance ISA?

The Innovative Finance ISA (IFISA) allows you to invest in Crowd Bonds and peer-to-peer lending while keeping the tax advantages of traditional ISAs - an attractive prospect in the current low interest rate environment, coupled with rising inflation.

With the annual ISA allowance now at £20,000 in 2017/18, many investors are looking for ways to diversify their portfolios.

And with Crowd Bonds typically offering interest rates of 4%-7% p.a., this really sets the IFISA apart for those savers and investors happy to take more risk.

However, the IFISA is not the same as a Cash ISA and your capital is at risk and is not protected by the Financial Service Compensation Scheme deposit scheme.

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Open a Downing IFISA today

  • Tax-free returns: pay no income tax or capital gains tax.
    • ISA subscription limits:
      • £20,000 in the 2017/18 tax year.
  • Quick, simple and free:
    • If you are an existing Downing Crowd member, all you need to open an IFISA are completed account details and your National Insurance number.
    • If you are not currently a member of Downing Crowd, you will need to register first, and then apply for an IFISA.
    • It’s free to open and we don’t charge you to transfer your funds*. Please note, you will need to be a UK resident and over the age of 18.
  • Stay in control of your money: you decide which companies you’d like to lend to from the open offers on our website.

Please remember, ISA tax advantages are subject to change and are subject to personal circumstances. Find out more about the Downing IFISA in the FAQs.

*Some other ISA providers may charge penalties or fees for transferring money out – please check before you transfer.