Can I hold cash in my Lifetime ISA?

Our Lifetime ISA is a stocks and shares Lifetime ISA. But you can hold cash in the account while you decide what to invest in. Our interest rates for cash are set out on our Charges and rates page.

You’ll need to fund your Lifetime ISA in the same tax year you open it or before your 40th birthday, whichever is soonest – otherwise we’ll need to close it. Holding cash in the account while you decide what to invest in will prevent your LISA being closed.

If you’re looking for ideas for your portfolio, you can visit our investment ideas.