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How does the Lifetime ISA prize draw work?
How does the Lifetime ISA prize draw work?

Information on our current LISA prize draw!

Alex avatar
Written by Alex
Updated over a week ago

We’re giving away a £10,000 cash prize to one lucky Lifetime ISA customer! To enter, all you need to do is deposit a minimum of £100 into your Lifetime ISA between 12:00am on 10th June and 11:59pm on 3rd 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.

You can view your entries in Settings > Promotions, and your number of entries will update when your qualifying deposit has fully settled. Our prize draw will take place on August 7th, and we’ll notify our lucky winner by email!

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 funds 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 3rd July.

Instant bank transfer

You can add funds via instant bank transfer by heading to Accounts > LISA > Add money. As long as you deposit a minimum of £100 by 11:59pm on 3rd July 2024, you’ll be entered into the prize draw.

Moving money from another Moneybox product into your LISA

You can request to move funds from a Simple Saver, Reward Savings Account, Cash ISA, or Available Cash held within a S&S ISA into your Lifetime ISA in Settings > Move money between accounts.

As long as your Move money request is completed 11:59pm on 3rd July 2024, this will count towards the draw.

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 the gifter makes a deposit before 11:59pm on 3rd July 2024 this will count towards the draw.

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 3rd July 2024.

We’ll just need to have received the funds from your previous provider by midnight on 4th August for you to earn entries into the draw.

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