How long does it take for my money to be added to my Cash LISA?
Here’s a little more information on what happens between your weekly savings being collected and your money being deposited into your cash account:
Step 1 🐣
Your savings are collected from your ‘Weekly savings total’ every Wednesday at midday. At this stage, you’ll be able to see this collection appear in the ‘Collections’ section in your Lifetime ISA Account details page.
Step 2 🐥
This money leaves your bank account early the following week (usually on the Monday).
On Tuesday, your savings will move to ‘In Progress’ in the Accounts tab, and you’ll see your deposit added to your main account value.
Step 3 🐔
Your money is deposited with the bank(s) who hold your funds on Thursday, and from this point you’ll be earning interest.
For an in-depth look at our weekly payment cycle, please see our blog.