Over 5,000 RateSetter Isa accounts opened in first month

Over 5,000 RateSetter Isa accounts opened in first month

RateSetter has seen more than 5,000 Innovative Finance Isa accounts opened since the product was launched on 8th February.

The RateSetter Isa was initially only available to existing customers before being opened up to new customers on 1st March.

RateSetter said that it was “very pleased” with the level of take up since the offer was opened up to new customers.

The P2P platform added that it was looking forward to opening up its IFIsa offering in April to customers that wanted to transfer existing Isas to RateSetter.

John Battersby, head of communications and policy at RateSetter, said: “RateSetter’s purpose is to give people the opportunity to earn more on their money.

“Our Isa makes that opportunity even more compelling because investing is now tax free. 

“We are very pleased with the level of take up to date.”


Sign up to our newsletter to receive more news like this story

I accept that by joining the B&C mailing list, I will receive relevant news and promotional material via B&C on behalf of its partners and advertisers. Your data will not be passed on to any third party.
No, thanks, just the news please.

Leave a comment

Blonde teen Lidsey posing for you