4 Compelling Reasons To Invest In A Lendwise IFISA
*Don’t invest unless you’re prepared to lose money. This is a high-risk investment. You may not be able to access your money easily and are unlikely to be protected if something goes wrong. Take 2 minutes to learn more.
It’s been 4 months since the start of the 2022/23 UK tax year and it’s often a prompter to get one’s financial plans in order. If you’re thinking about where to invest your ISA allowance, are you considering all your options?
There are several ISA options to choose from Cash ISA, Stocks & Shares ISA, Lifetime ISA and Innovative Finance ISA (IFISA). Here are 4 reasons why you should look closely at the Lendwise IFISA.
1- Enjoy Competitive Returns
Lendwise IFISA offers lenders up to 9% p.a.* tax-free returns on their investments. In an environment with low interest rates, high inflation and a volatile stock market, our IFISA is an attractive option for investors looking for a tax-free** income.
2- Social Impact Investing
Your investments in a Lendwise IFISA have a huge social impact effect. You will be lending to ambitious postgraduate students with the intention of generating social benefits while earning you a generous return on your investment. Your investments can help create future industry leaders and talented professionals. *Explore investment options today.
*Capital at risk. Don’t invest unless you’re prepared to lose money. This is a high-risk investment. You may not be able to access your money easily and are unlikely to be protected if something goes wrong. Take 2 minutes to learn more.
Check our Lender terms and conditions.
3- Lendwise AutoLend Feature
With Lendwise, you can use our AutoLend feature to automatically diversify your investment portfolio across a number of different loans. You can spread as much money into as many different loans to help keep your investment risk as low as possible.
4- Get Better Returns On Your Existing ISAs
If you have a Cash or Stocks & Shares ISA and it’s not earning enough returns, now is a good time to get a better deal. You can transfer your funds from an existing ISA provider and invest up to £20,000 of your 2022/23 ISA allowance into a Lendwise IFISA – allowing you to earn up to 9% p.a.* tax-free returns.
*Capital at risk. No FSCS protection. Terms and conditions apply.
As with all forms of investment, your capital is at risk. Investments on the Lendwise platform are not covered by the Financial Services Compensation Scheme (FSCS). Investment returns on the Lendwise platform are not guaranteed and past performance is not a reliable indicator of future performance. We do not offer investment or tax advice.
Please seek independent advice from an external professional financial advisor before investing your money.
**The tax treatment of interest and reliefs on defaults may be subject to change and tax treatment will depend on your individual circumstances.
