You can move up to £4,000 each tax year (or your remaining LISA allowance for the tax year) from your Moneybox ISA, Simple Saver, or Reward Savings Account to your LISA in Settings > Move money between accounts.
Once you’ve confirmed your move money request in the app, this will be complete within:
1-2 working days if you’re moving into a Cash LISA or Available Cash within your Stocks & Shares LISA, or;
3-6 working days if you’ve opted to invest your money in your Stocks & Shares LISA.
We’ll send you an email to confirm when your move has completed, and you’ll receive the 25% government bonus on any funds transferred into your LISA.
Moving money from an ISA to a LISA
You can request to move funds from an ISA to your Lifetime ISA in Settings > Move money between accounts.
For Stocks & Shares ISA customers, you’ll need to sell down some investments to Available Cash first, which can be done in Accounts > ISA > Portfolio by selecting the fund and tapping ‘sell’. Once you’ve opted to sell, the funds should arrive in your Available Cash within 3-5 working days, ready for you to move to your LISA.
For Cash ISA customers, you can request a move of any completed deposits straight away. Moving money from a Cash ISA to a Moneybox LISA does not count towards the 3 withdrawals you can make within each 12 month period without affecting your Cash ISA interest rate.