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The Income Account is ideal if you’re looking for a quick and simple way to invest in peer-to-peer lending while taking an income from the interest earned on your investments. It offers a target rate of 5.6%* a year and your investment is automatically diversified across a portfolio of credit-assessed small business loans.

At a glance:

Minimum investment £1,000

Target rate of return: 5.6%* a year

No fixed term — full or partial withdrawals at any time

No investment decisions to make

*As an investor, it's important to remember you're lending to businesses so your capital is at risk. The 5.6% target rate is variable, net of ongoing repayment fees, estimated bad debt and before the 1% capital withdrawal fee. LendingCrowd and its products are not covered by the Financial Services Compensation Scheme.


We designed the LendingCrowd Income Account to make peer-to-peer investing simple while enabling you to take income from the interest you earn. We build a diverse loan portfolio for you, and automatically reinvest your capital repayments in new loans. The longer you hold the account, the more diverse your portfolio will become.

The Income Account works in a similar way to our Growth Account, with the key difference being that your interest payments are transferred to a separate account so you can withdraw them. This means you should expect returns of about 0.4% less than the Growth Account returns. As the Income Account is new, we don’t have the historical data to show you the returns yet. Instead, we’ve shown you the Growth Account returns below.

The majority of our Growth Account investors have portfolios of more than 100 loans after four months. Remember that diversification is key to mitigating risk.

By taking this diversified and balanced approach, investors in the Growth Account have achieved an average return of % before tax, as shown in the chart below. This shows the annualised return for all current LendingCrowd Growth Accounts that have been open for at least three months, where investors have not sold their loan holdings in the past 12 months.

This return, which does not include promotions, is calculated after all fees and bad debts have been deducted. Find out how we calculate returns.

Please remember that your capital is at risk when lending to businesses, and past performance is not a guide to future performance. Your returns may be higher or lower than those shown here.

Calculate your monthly income

How it works

The LendingCrowd Income Account makes peer-to-peer lending simple for investors who want to take an income from the interest earned on their investments. You don’t need to choose which loans to invest in, as we’ll automatically diversify your funds across all the loans available on our Loan Market. If your portfolio value is between £1,000 and £1,999, no more than 2% of your funds will be invested in any one loan. This maximum target exposure reduces to 1% for portfolios of between £2,000 and £4,999, and to 0.5% for portfolios of £5,000 and above.

Your interest payments will be transferred to a separate account so you can withdraw them, while your capital repayments will be automatically reinvested in new loans. This approach gives you a balanced portfolio of loan investments that aims to produce a net annual return of 5.6%*, after repayment fees and estimated bad debts. If you want to earn tax-free returns on your LendingCrowd Income account, read all about the LendingCrowd Income ISA.

Accessing your money

You can cash in all or part of your Income Account balance at any time, but you must have at least £1,000 invested to meet your target rate of return and continue reinvesting in loans. If you want to withdraw your funds, you can sell investments on our Loan Market. There’s a withdrawal fee of 1% of the capital withdrawn. The time taken to access your funds depends on how quickly your holdings are sold. The ability to sell your investments depends on other investors buying your loans.

It's easy to get started

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Open an account

It’s fast and simple to do online

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Add funds to your account

You must pay in at least £1,000 to start investing in loans and you can add to this at any time

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Watch your investment grow

Keep up to date with your account activity on your Account page

Create your account

For peer-to-peer investing made simple with a target rate of return of 5.6%*, open a LendingCrowd Income Account today

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