We’re giving away a total of £20,000 in cash prizes to our Lifetime ISA customers, including one grand prize of £10,000, one £5,000 and five £1,000 prizes! To enter, all you need to do is deposit a minimum of £100 into your Lifetime ISA between 12:00am on 1st June and 11:59pm on 2nd July. 🎉
For every £100 you deposit, you’ll gain one entry to the draw - for example, £500 deposited would earn you 5 entries. So, the more you deposit during this period, the more chances you have to win! The maximum number of entries you can earn is 40.
If you max out your Lifetime ISA contributions during the offer window (or if you have already maxed out your Lifetime ISA contributions for the current tax year), you will automatically earn the maximum of 40 entries into the draw.
If you withdraw from your Lifetime ISA (other than for the purpose of a qualifying property purchase) during the offer period, your withdrawal will be subtracted from your total qualifying deposits, meaning your number of entries will decrease.
You can view your entries in Settings > Promotions, and your number of entries will update when your qualifying deposit has fully settled, which is between 1-3 working days of the money leaving your bank account for cash deposits, or 3-8 working days for investments.
Our prize draw will take place on 22nd July, and we’ll notify our lucky winner by email the next day! Offer T&Cs apply, which you can find here on our website.
You can earn entries by depositing a minimum of £100 through any of the following methods:
Weekly collection cycle
Any money in your upcoming collection for your Lifetime ISA will be collected on the next available Wednesday at midday, and leave your bank account a few working days later. If adding funds via our weekly collection, you’ll need to have instructed this in the app before 11:59am on Wednesday 2nd July 2025.
Easy bank transfer
You can add payments of £100 or more via easy bank transfer by heading to Wealth > LISA > Add money. As long as we receive by 11:59pm on 2nd July 2025, you’ll be entered into the prize draw. Please note, easy bank transfers are not supported for all banks and can take up to 24 hours.
Manual bank transfer
To send payments of £100 or more directly from your linked bank account, just head to Wealth > LISA > More > Manual bank transfers to view the payment details for your LISA. We’ll just need to receive the money from your bank by 11:59pm on 2nd July 2025 for this to count towards your prize draw entries. Transfers usually take minutes to arrive, but can take up to 24 hours. We can only accept manual bank transfers from your linked bank account for security reasons.
Moving money from another Moneybox product into your LISA
You can move money into your Lifetime ISA from either a Simple Saver or Reward Savings Account in Settings > Move money between accounts.
Please note that for your move to complete before the end of the offer period (11:59pm on 2nd July 2025), it must be requested in the app by 5pm on 1st July.
Gift link deposit (Cash LISA only)
Our Cash Lifetime ISA customers can also earn entries through Home-buying gifts from family and friends. You can share your gift link in Settings > Share your gift link, and as long as we receive the deposit before 11:59pm on 2nd July 2025, this will count towards the draw. The deposits will count towards the entries for the recipient of the gift link deposit, not the depositor.
Transferring an ISA or LISA from another provider to Moneybox
Finally, you can transfer an existing ISA or Lifetime ISA from another provider into your Moneybox Lifetime ISA in Settings > Transfer an existing ISA before 11:59pm on 2nd July 2025.
We’ll need to have received the funds from your previous provider by midnight on 16th July for you to earn entries into the draw.
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.
Tax treatment depends on individual circumstances and may be subject to change in the future.
Remember: if you opt for the Stocks & Shares LISA, you’ll be investing, so your capital is at risk. All investing should be long term. The value of your investments can go up and down, and you may get back less than you invest.