Lifetime Isa

What is a Lifetime ISA?

The Lifetime ISA (LISA) is a product designed by the government to help you to purchase your first home or save towards retirement.

With a Lifetime ISA, you can pay in up to £4,000 per year and you get a 25% government bonus on all savings. That means for every £4 you save, you get £1 for free. If you pay in the maximum £4,000 you’ll receive a £1,000 bonus. Over time, these bonuses could give you a real head start.

With Moneybox you can choose between our market-leading Cash Lifetime ISA, which offers an interest rate of 0.85% AER (variable) including a 0.5% base rate (variable) and a fixed one year bonus interest rate of 0.35%, or our Stocks & Shares Lifetime ISA, which allows you to invest your savings in the stock market. Remember, as with all investing, the value of your investments can go up and down, and you may get back less than you invest.

We’ve set out the main Lifetime ISA details you need to know in our infographic below.

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It's important you know

All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest.

Risk Warning
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