No other banks or building societies currently have plans to follow Skipton Building Society’s lead and launch a cash Lifetime ISA, MoneySavingExpert.com has found.
Skipton today became the first provider to introduce a cash LISA, offering an annual interest rate of just 0.50%. The LISA can be opened with just £1, and crucially if you use one to save you’ll also get a 25% state bonus when you buy a home or turn 60.
See our Lifetime ISAs”>Lifetime ISAs guide or full info on how they work and the top products.
June 08, 2017 at 02:14PM
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