How many IFISAs can I have?

The simple answer is that, if you are 18 years old or over, you can hold as many IFISAs as you wish - but you can only open and subscribe funds to one per tax year. However there are several other things you should understand when it comes to the rules surrounding how many IFISAs you can have.


To fully understand how many IFISAs you can have, it's important to first understand how many ISAs you can have in general. 

The answer to this is: as many as you want, as long as you only open and subscribe funds to one of each type of account per tax year. 

Read more:download the IFISA guide

For example, if you opened and subscribed funds to an IFISA in the 2022/23 tax year but wanted to open and subscribe your annual ISA allowance to another IFISA in 2023/24, you could.

You are also able to hold an IFISA alongside other forms of ISA, providing the amount you deposit across all of your ISAs does not exceed your annual ISA allowance - which is £20,000 for the 2023/24 tax year.



CARLTON Bonds are an IFISA provider specialising in fixed term property bonds.

Against a backdrop of low interest rates and a volatile stock market, the IFISA can provide an attractive investment opportunity for experienced investors. 

With the ability to hold peer-to-peer loans and debt-based securities, IFISA investments have the potential to generate higher rates of return than more traditional investment routes for investors with a greater appetite for risk.

To find out more, download our free IFISA guide.

The Innovative Finance ISA Guide