Can I transfer my Moneybox Stocks & Shares Lifetime ISA to a Moneybox Cash Lifetime ISA?
Unfortunately, we aren’t able to accept transfers from a Moneybox Stocks & Shares Lifetime ISA to a Moneybox Cash Lifetime ISA, or vice versa.
If you hold a Stocks & Shares LISA, you are able to sell down some or all of your investments and hold the proceeds as Available Cash within your LISA. You can request this by heading to Settings > Withdraw, or by selling individual funds in Accounts > LISA > Portfolio. Money held in your Available Cash earns an interest rate of 2.1% AER.
The 25% penalty does not apply when selling investments to hold as Available Cash, as the funds have not left the LISA wrapper.