Looking for ISAs with high returns? Fund Ourselves offers 5% to 15% per annum based on lending your money out to other borrowers, both short-term and medium-term. Create an account and start earning today by investing as little as £100.
What is a High Interest ISA?
A high interest ISA is one that offers an annual return higher than the typical 3% offered by high street banks. The best ISAs
can provide a safe and secure way to invest your money but many are put off by the low rates and therefore seek alternatives with more attractive returns.
At Fund Ourselves, we use Auto-Diversity™ to spread each individual investment across a number of borrowers looking for short term loans and are able to deliver 5% to 15% per annum based on your desired level of risk.
Offering an innovative finance ISA
, you can invest and earn up to £20,000 tax-free per year using your ISA allowance.
How are High Interest ISAs from Fund Ourselves Different?
Earn up to 15% per annum
By lending out to borrowers with poorer credit, you are able to maximise your earnings and receive as much as 15% per annum. We diversify your investment across a number of borrowers so that you are not putting all your eggs into one basket, and instead benefit from a diverse portfolio of borrowers.
Depending on your circumstances and how many other ISAs you have open, you may earn up to £20,000 per year, completely free of tax. We help you make use of your ISA allowance and maximise your returns.
Short and medium term loans
Investors will lend to borrowers looking for both short term loans
with a maximum lifetime of 12 months and medium-term loans with a maximum lifetime of 60 months. All loans are unsecured and each customer will be assessed through the credit and affordability checks prior to funding.
Protected with a provision fund
We are not covered by the FCSC but have a provision fund in place which aims to reimburse lenders for their principal losses subject to the availability of funds. In addition, we have a customer support team to follow up on any missed repayments and always aim to deliver the expected returns.
Our reporting system allows you to log in any time to invest more money, check the status of your investments and loans and withdraw money when you need to.
High Interest ISAs – Frequently Asked Questions
How Do You Choose Who I Lend to?
All borrowers are kept anonymous and your investment will be pooled across a number of borrowers based on your risk classification.
We use Auto-Match™ to match each individual investment with different borrowers and Auto-Diversify™ to diversify your portfolio.
How Do You Get the Highest Returns on ISAs?
To earn interest rates of up to 15%, it is based on taking on more risk and lending to people with poorer credit histories.
We are able to diversify the risk so you are not just lending to one person, but multiple people simultaneously.
Can you withdraw you investment at any time?
Yes, you may request to withdraw your funds at any time. When a withdrawal request is submitted, the investment is placed on the secondary marked which takes place once every day. The funds will then be made available and transferred to your bank account as soon as your investment is sold to another matching investor. To earn the full interest, you may need to have the account open for the entire loan term of up to 12 months.