Lifetime ISA

Can I have more than one Lifetime ISA?

You can have more than one Lifetime ISA, but you can only pay into one each tax year. You can only open one Lifetime ISA with Moneybox.

If you have already paid into an existing Lifetime ISA in the current tax year, you can transfer this to your Moneybox LISA by heading to Settings > Transfer in an existing ISA. Once you’ve submitted your details, we’ll contact your current provider and most transfers will typically complete within 3 weeks.

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It's important you know

Capital at risk. All investing should be for the longer term. The value of your investments can go up and down, and you may get back less than you invest. Tax treatment depends on individual circumstances and may be subject to change in the future.

A 25% government penalty applies if you withdraw money from a Lifetime ISA for any reason other than buying your first home (up to £450,000) or for retirement, and you may get back less than you paid into your Lifetime ISA.

Your home may be repossessed if you do not keep up repayments on your mortgage.

Payments you make into your pension won’t be accessible until the minimum pension age (currently 55, increasing to age 57 from 2028). Tax treatment depends on individual circumstances and may be subject to change in the future.

For Business Saver: T&Cs apply. Max one withdrawal per day.

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