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.
Spring 2019 Cashback Offer
Open to new and existing LendingCrowd lenders.
Earn up to £350 cashback when you invest by 14 June 2019.
Add funds via bank transfer, debit card or transfer in an existing ISA.
Your cashback award will be paid within 30 days of the promotion end.
Summary Terms & Conditions
- This offer applies to new and existing lenders, who sign up for this promotion from 00:01 on 7 May 2019 and before 23:59 on 14 June 2019.
- Qualifying lenders must deposit and lend, before 23:59 on 14 June 2019: £5,000-£4,999.99 to receive £50 cashback; or £10,000-£9,999.99 to receive £100; or £20,000-£19,999.99 to receive £200; or £50,000 and above to receive £300.
- Plus, receive an additional £50 when you transfer an ISA of £10,000 or more from another provider to LendingCrowd during the Promotion.
- Note, this is the net amount to be added and any withdrawals will be counted against this.
- Funds can be added to your account by debit card, bank transfer, or by transferring an existing ISA from another ISA provider to LendingCrowd.
- The cashback award will be paid into the lender’s Self Select Account within 30 days of the promotion end.
- Lenders who receive the cashback award must keep a minimum balance of their qualifying investment plus the cashback award in the platform for 12 months from the date of receiving the cashback award.
- LendingCrowd reserves the right to withdraw the promotion offer or amend the terms of this promotion at any time. full offer terms here. See the
Any questions? Get in touch
Simple. Tax efficient. Target return from 6%.*
Find out more by calling 0345 564 1600 or email firstname.lastname@example.org
*Capital is at risk. Target rate is variable, net of ongoing repayment fees and bad debt, and excludes the cashback offer. Tax treatment depends on the individual circumstances of each investor and may be subject to change in future. LendingCrowd and its products are not covered by the Financial Services Compensation Scheme.
It's easy to get started
Open an account
It’s fast and simple to do online
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
Watch your investment grow
Keep up to date with your account activity on your Account page