IFISA
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      Is there a minimum or maximum that I am allowed to invest in an IFISA?

      There is an Initial minimum of £1,000 that must be invested in an IFISA deal to become a Kuflink investor.

      Process to 21st August 2023
      For Auto IF-ISA
      • On all IFISA investments after the initial investment, there is a minimum investment of £100. 
      • The new Initial Minimum amount for new Investors is £1,000 from 10th July 2023. 
      • The maximum would be the total available on the pool. Should there be not enough available please call investor relations as new deals may be waiting to go into the pool.

      For Select IF-ISA

      • The Initial minimum of £1,000 must be made on a single deal as a single transaction. 
      • The only time a user will have their investment minimum reset is if they withdraw from a Reserve deal before it is fully funded, or the deal is aborted. 
      • The new Initial Minimum amount for new Investors is £1,000 from 10th July 2023. 
      • Thereafter, you can do a minimum investment which is shown on each Select Invest deal which allows you to earn a minimum of £0.01 interest in the month of investing.
        • As an example, in order to earn a minimum of £0.01 interest in the month of investing, on the first day you may earn that penny on a £2 investment, somewhere in the middle of the month you may need to invest a minimum of £28-£30, while on the last day, it will be more like the £60 investment. Again, this is just an example and for different deals, it will be other minimum amounts.
      • The maximum would be the total loan(s) available on the platform.

      Process after 21st August 2023

      For Auto IF-ISA
      • The new Initial Minimum amount for new Investors is £1,000 from 10th July 2023. 
      • On all IFISA investments after the initial investment, there is a minimum investment of £500 with ISA current funds and £100 with ISA previous funds.
      • The maximum would be the total available in the pool or, however much is remaining in your Current ISA Allowance or total in your ISA Previous wallet.

      For Select IF-ISA

      • The new Initial Minimum amount for new Investors is £1,000 from 10th July 2023. 
      • The Initial minimum of £1,000 must be made on a single deal as a single transaction. 
      • The only time a user will have their investment minimum reset is if they withdraw from a Reserve deal before it is fully funded, or the deal is aborted. 
      • Thereafter, for the ISA Previous funds you can place a minimum investment which is shown on each Select Invest deal which allows you to earn a minimum of £0.01 interest in the month of investing.
        • As an example, in order to earn a minimum of £0.01 interest in the month of investing, on the first day you may earn that penny on a £2 investment, somewhere in the middle of the month you may need to invest a minimum of £28-£30, while on the last day, it will be more like the £60 investment. Again, this is just an example and for different deals, it will be other minimum amounts.
        • For the ISA Current funds the minimum investment is £500.
      • The maximum would be the total loan(s) available on the platform or, however much is remaining in your Current ISA Allowance or total in your ISA Previous wallet.
      • If a particular loan has less than £500 remaining, you will be able to invest with either your ISA current or ISA previous funds.
      • If you are purchasing a loan part from our Secondary Market and it is of value less that £500, you will be able to invest with either your ISA current or ISA previous funds.

      Updated 26th April 2024