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  • FIRST POST
    • cairnsyyy
    • By cairnsyyy 13th Jun 17, 8:56 PM
    • 1Posts
    • 0Thanks
    cairnsyyy
    What happens to my Help To Buy ISA Bonus if i transfer to a LISA
    • #1
    • 13th Jun 17, 8:56 PM
    What happens to my Help To Buy ISA Bonus if i transfer to a LISA 13th Jun 17 at 8:56 PM
    Hello,


    I currently have a Help To Buy ISA which currently has £4800.


    I have opened a Skipton LISA account and added the £1 recommended.


    When I transfer the Help To Buy ISA to the LISA next year, what happens to the government bonus? (currently £1200 on £4800)


    May be a daft question, but can't find the answer anywhere.
Page 1
    • Ed-1
    • By Ed-1 13th Jun 17, 9:05 PM
    • 1,855 Posts
    • 986 Thanks
    Ed-1
    • #2
    • 13th Jun 17, 9:05 PM
    • #2
    • 13th Jun 17, 9:05 PM
    Hello,


    I currently have a Help To Buy ISA which currently has £4800.


    I have opened a Skipton LISA account and added the £1 recommended.


    When I transfer the Help To Buy ISA to the LISA next year, what happens to the government bonus? (currently £1200 on £4800)


    May be a daft question, but can't find the answer anywhere.
    Originally posted by cairnsyyy
    Nothing happens to it. Your Help to Buy ISA funds become LISA contributions which attract a 25% bonus at the same time as other LISA contributions.
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