Bond Series Four is Maturing on 28th February 2022

It’s time to decide what steps to take next to keep your money working for you

On Monday 28th February your funds will be available in your account

The target interest rates for Bond Series Four were 6.75% per annum for the option with interest paid at maturity, and the Bond is maturing having delivered these target rates.

On 28th February, your original funds will be available – along with either your total interest gained or your final quarterly interest payment – in your CARLTON Bonds IFISA account.

You can login to your account today and check the performance of your investment and discover your total returns in the "Portfolio" section of your Dashboard.

You now have three options

When Bond Series Four matures and your capital and interest has been returned to your IFISA account, there are three individual options to consider in regards to what you do next.


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Reinvest

Reinvest your original capital (and interest if you wish) into the latest CARLTON Bond IFISA. Series Seven and Eight will launch publicly on 1st March 2022, however as a Series Four investor, you have early-access and can invest into Series Seven or Eight from 28th February 2022. With target rates of up to 7.75% per annum, you can seamlessly reinvest your funds into the latest Bond Series of your choice.

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Withdraw

Withdraw your investment and interest earned from the ISA wrapper altogether. However, this will mean these funds can no longer form part of your overall ISA portfolio. You will lose the ability to reinvest this tranche and maintain the ISA status from the tax year invested.

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Transfer Out

You can transfer your funds out of the CARLTON Bonds IFISA to another ISA with a different provider. This could be an alternative IFISA with another provider, or a Cash ISA or Stocks and Shares ISA, again with alternative providers.

Option 1: How to Reinvest

As your funds will be automatically deposited back into your CARLTON Bonds ISA wrapper once the Bond matures on 28th February, the process to reinvest is simple and straightforward.

To ensure you are able to receive early-access to Bond Series Seven and Eight, please login to your CARLTON Bonds account prior to completing the steps outlined below.

You can calculate your target returns today using the button below and from 28th February onwards, simply choose your preferred two or four year quarterly or maturity-based Bond and follow the process to invest, selecting the funds available within your ISA account once prompted.

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Option 2: How to Transfer Out

You can transfer your funds out of the CARLTON Bonds IFISA to another ISA with a different provider. This could be an alternative IFISA with another provider, or a Cash ISA or Stocks and Shares ISA with another provider.

The process for transferring your CARLTON Bonds IFISA is one that should be initiated from the receiving provider. Once we have received the request from the provider, we will provide all necessary information immediately.

Option 3: How to Withdraw

Withdrawing your investment and interest earned from the ISA wrapper altogether is possible. However, doing so will mean these funds can no longer form part of your overall ISA portfolio and if you choose to reinvest them, they will form part of that year's ISA allowance.

If you still wish to withdraw, simply navigate to "Banking" within your Dashboard, ensure you are looking at your "IFISA Account", select "Withdraw" and follow the on-screen instructions.

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Don't Forget: Your ISA Allowance Resets On 6th April

The tax year end is on the horizon and if you haven’t used this year’s annual ISA allowance there’s still time to do so on or before the 5th April 2022. The current allowance is £20,000 and remember if you don’t use this allowance before 6th April 2022, you will lose it for this particular tax year.

  • Using any uninvested 2021/22 ISA Allowance

    Our latest Bonds, Series Seven and Eight, will be live for you from 28th February, meaning you can utilise any uninvested ISA allowance you have for the current 2021/22 tax year to invest should you wish to do so. As with Bond Series Four, there are a number of options available to suit your preferences and requirements in regard to Bond duration and interest payments.

    You can find out full details of Bonds Series Seven and Eight and calculate your targeted returns here.
  • Planning for your new 2022/23 ISA Allowance

    From Wednesday 6th April 2022, you will have a fresh opportunity to deposit up to £20,000 within an ISA wrapper. Our Bonds Series Seven and Eight will both remain open into the new tax year and therefore you are able to once more target tax-free returns of up to 7.75% per annum with your IFISA investment.

    Full details of Bonds Series Seven and Eight will remain available here – alongside our target returns calculator – into the new tax year.
  • Transferring In

    For investors with funds in ISAs with other providers, there is the option to transfer funds in from these existing ISAs into the CARLTON Bonds IFISA. For Cash ISAs in particular, where interest rates are as low as 0.01%, this may be a particularly useful option for experienced investors. Importantly, a Cash ISA is a low risk/low returns savings product, whereas the IFISA (similar to a Stocks and Shares ISA) is an investment product. As with all investment products, your capital is at risk and returns are not guaranteed.

    You can facilitate a transfer into your CARLTON Bonds IFISA by logging into your CARLTON Bonds account, navigating to your 'Profile' and 'IFISA Details' then choosing 'Transfer In'.

Discussing Your Options Further

We appreciate there are a number of options to consider and you may find it beneficial to arrange a call with our Head of Investor Relations, Dan Smith, to discuss your individual circumstances and options further.

You can do so by arranging a time directly in Dan's diary at a time convenient for you.

Thank You - Your Investment Has Been Instrumental In Supporting The Delivery Of High Quality New Housing Developments.


Investing into CARLTON Bonds is about more than achieving a financial return. Your investment has a genuinely positive impact on the chronic housing shortage in the UK.

You can find exactly how your investment has delivered more than just a financial return in our case study.

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