How can I earn cashback after using my LISA for my first home? 🏡

Lifetime ISA customers can earn up to £50 cashback by opening a Moneybox Cash ISA after using your LISA for a qualifying first home purchase.

There are a few methods you can use to make an eligible deposit into a Cash ISA and earn cashback! To be eligible, you’ll just need to open a Cash ISA and deposit £500 within 45 days of submitting your solicitor’s details in the app to start a qualifying LISA house purchase withdrawal.

Payments are taken from your linked bank account unless you are moving money from your Moneybox Simpler Saver product or transferring in an existing ISA from another provider. This means you’ll need a UK current account linked in order to deposit into your account(s). You can check your linked bank account in Settings > Tap your name > Bank accounts > Linked account.

Weekly collection cycle
You can make deposits via our weekly collection cycle, through any combination of one-off deposits, weekly deposits, or a monthly payday boost. Payments via the weekly collection cycle will need to be instructed prior to the last Wednesday during your Offer Window.

Bank transfers
You can add upwards of £100 via easy bank transfer by heading to the Wealth tab > Cash ISA name > Add money. Please note that not all banks are supported for easy bank transfers.

You can also send payments upwards of £100 directly from your linked bank account by making a manual bank transfer. You can locate your account number and sort code in Wealth > Cash ISA > More > Manual Bank Transfer.

Moving money
You can move money from your Simple Saver product into a Cash ISA in Settings > Move money between accounts.

Transferring an ISA from another provider to Moneybox
If you hold an ISA with another provider, you can transfer this into a Moneybox ISA in Settings > Transfer an existing ISA. As long as you submit your transfer, it is marked as ‘in progress’ in the app before the end of the offer period, and it is completed within 45 days from the date it is requested: you’ll be eligible for the cashback.

Once you’ve opened your Cash ISA and deposited, moved money or successfully transferred in at least £500, you’ll need to maintain your funds in the account for at least 30 days from the end of the 45-day offer period or completion of an eligible transfer to receive your cashback. The cashback will then be paid into your new Cash ISA within a further 30 days.

T&Cs apply, which you can find linked here.