Grow your money with a Loanpad innovative finance ISA
*Interest rates are variable and will be updated in real time on our website
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What is a Loanpad ISA?
Our Loanpad ISA allows the interest you make through the loans on our platform to be exempt from tax (income and capital gains). The Loanpad ISA is a flexible ISA, so you can withdraw money and replace it in the same tax year without the replacement counting towards your yearly ISA allowance.
Our Loanpad ISA works just like our standard Classic and Premium Accounts – you just enjoy tax-free interest. Read our ISA FAQs to learn more about how you manage your money in your Loanpad ISA.
8 Reasons you'll love the Loanpad ISA
Invest up to £20,000 with your 2018/19 ISA allowance and pay no Income Tax and Capital Gains Tax
Invest in either or both of our Classic and Premium Accounts
Interest paid daily
Withdraw interest as cash or reinvest your interest in new loans
Our IF ISA accounts benefit from the same protection as our standard accounts
No fee to withdraw money from your ISA Classic Account
Minimum investment just £10
Transfer as many ISAs (of any type) from previous tax years as you like – and up to any amount
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3 simple steps to opening up a Loanpad account
Sign up to Loanpad
Fill in an ISA application
Fund your ISA
Fill in our simple online application to become a Loanpad investor
Give us key details in just a few minutes - your ISA will be opened and instantly ready to use
Put your money in a Classic or Premium ISA Account – or both. They work the same way as our standard accounts
Are you eligible?
You must be 18 years or over
You must be a UK resident
More about Loanpad
Loanpad gives you the flexibility and transparency of an online account with inflation-busting interest - all on an easy-to-use online platform. And you can enjoy your interest tax-free with a Loanpad ISA.
Authorised by the Financial Conduct Authority (FCA), we're underpinned by smart property loans - meaning we can pass on stable returns to you while keeping overheads and risks as low as possible.
Think of us as an online account with inflation-busting interest. Think of us as a peer-to-peer lending platform that's simple to use and built for lower risk. We're all of this, and more.
Our lending accounts are not bank accounts and involve risk to your capital. Additionally, daily access cannot be guaranteed. Like all peer to peer lending, Loanpad is not covered by the Financial Services Compensation Scheme. Loanpad is authorised and regulated by the Financial Conduct Authority.