We are boosting target returns across ISA Access Accounts
Since launch in 2017 the Innovative Finance ISA (IFISA) continues to enjoy has enjoyed continued strong success. This increase will take target interest rates for the Quick Access ISA Account and 30-Day Access ISA Account from 3.75% p.a. to 4.5% p.a. and from 4.25% p.a. to 5% p.a. respectively. *
The enhanced IFSA rates will remain in effect until at least 1st July 2018. In the meantime, the rate increase applies to new investors, as well as those that already have an ISA Access Account with Assetz Capital.
Stuart Law, our CEO, recently commented: “Our ISA has been incredibly popular since its launch in December last year, with over £30m currently invested in these accounts, and as we begin the new tax year, we are likely to see even more investors looking to take advantage of the IFISA."
“We’re confident that this rate rise will make it easier for our investors to make the most of their 2018/19 ISA allowance at the start of the new tax year, whether they’re experienced long-term investors, or newcomers to our platform”
This is an investment in peer-to-peer loans - it is not a bank account. Capital is at risk. *Access times relate to withdrawals made in normal market conditions but please note that access times cannot be guaranteed.
*Rates correct at 17/04/18
- April 17, 2018