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Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 mins to learn more.

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 mins to learn more.

Read our full Risk Warning

Qardus Innovative Finance ISA (IFISA)

The Innovative Finance ISA (IFISA) allows you to fund businesses, up to a maximum of £20,000 per tax year in businesses through Qardus, with all potential returns being tax-free*.
* Tax-free status is individual and subject to changes in legislation. ISA eligibility doesn’t guarantee returns or protect you against losses. Please consult a tax professional if you are uncertain about your eligibility.

How to open a Qardus IFISA

Register and set up an investor account

Remember to be eligible to open an IFISA you must be:

  • A UK resident for tax purposes
  • Aged 18 or older

Once registered and logged in:

  • Choose an investment on the Qardus website
  • Select ‘Invest within ISA’
  • Read and accept the ISA Terms & Conditions enabling you to proceed and invest

OR

  • Simply add funds to your Qardus IFISA wallet from your portfolio
  • Your money will be ready to invest when you find the right business listed as open for investment

Transferring your existing ISA to Qardus

If you have already built up tax free savings in previous tax years in another ISA (Cash ISA, Stocks & Shares ISA, or IFISA) you can transfer some or all of these funds to your Qardus IFISA to keep your investments growing tax-free.
Always use the official ISA transfer process via the Qardus platform to maintain your tax benefits.

Before you start please make sure you have the following information to hand:

  • Your National Insurance (NI) number
  • Your current ISA provider’s name and account number
  • Your ISA sort code (if available)
Transfer an existing ISA

Transferring an ISA to us is a simple 3 step process

  1. ISA agreement and terms & conditions

    • Read and accept the IFISA terms and agreement, enter your NI number
    • Choose your current ISA provider
    • Click save and continue

  2. Complete the transfer form

    • Enter details of the ISA you want to transfer, including provider name, account number, sort code (if applicable)
    • Submit the completed form
    • A completed transfer request form will be generated
    • Check details, print then sign and send a digital copy to us (scan or clear photo) via Qardus messaging system

    In rare cases, your provider may require a physical signed copy, but we’ll let you know if that’s the case and ask you to post it to our ISA Manager: Share In Ltd, Argyle House, 3 Lady Lawson Street, Edinburgh, EH3 9DR

  3. We will process your transfer request

    • Once we receive your signed form, we’ll request the funds from your current ISA provider
    • You’ll get an email once the funds arrive
    • The money will appear in your Qardus ISA wallet, ready to invest

Please note you can only invest transferred funds after they arrive.

Guidelines state that Cash ISA transfers should be completed within 15 working days. Stocks & Shares ISAs may take up to 30 working days, as your current provider may need to sell assets before the transfer.

Please remember, holding your investments in an IFISA does not reduce the risk of the investment or protect you from losses, so you can still lose all your money. It only means that any potential gains from your investment will be tax free. The tax treatment of your investment will depend on your individual circumstances and may change in the future.

IFISA FAQs