Can I hold cash in my Lifetime ISA?
Yes, you can. We offer a stocks and shares Lifetime ISA, but you can hold cash in it until you decide what to invest in. The interest you could earn is set out on our Charges and rates page.
Once you open a Lifetime ISA, you’ll need to fund it before the end of the tax year, or your 40th birthday – whichever comes first. Otherwise, per HMRC rules, we’ll need to close it. Your Lifetime ISA can’t be closed after you’ve funded it.
Find out more about how to pay money into your account.
Not sure what to invest in? Get a little, or a lot, of help with our investment ideas.