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

If you have already paid into an existing Lifetime ISA in the current tax year, you can transfer this to Moneybox once you’ve opened a LISA with us 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.

At the moment, Moneybox customers aren’t able to open more than one LISA with us, however if you hold a Cash Lifetime ISA, you can switch this to a Stocks & Shares LISA.

More information on changing your Lifetime ISA type can be found here.