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Skipton Online Cash Lifetime ISA
MaisR
Posts: 9 Forumite
Hi all,
I have opened the Skipton Online Cash Lifetime ISA to help me buy a house. I know that the bonus is paid at the end of this tax year for this year (and then afterwards it will be paid monthly) but because the interest late is so very low on this account my plan is (and I want to make sure I have understood this correctly) to put away the £333 monthly in a higher interest account and then move it all over (the £4K) just before the end of the tax year (maybe 2/3 April). Can I do this and still get the £1K bonus?
Many thanks for all your help.
I have opened the Skipton Online Cash Lifetime ISA to help me buy a house. I know that the bonus is paid at the end of this tax year for this year (and then afterwards it will be paid monthly) but because the interest late is so very low on this account my plan is (and I want to make sure I have understood this correctly) to put away the £333 monthly in a higher interest account and then move it all over (the £4K) just before the end of the tax year (maybe 2/3 April). Can I do this and still get the £1K bonus?
Many thanks for all your help.
0
Comments
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Yes, you can do what you propose and it makes sense to get more than 0.5% elsewhere!0
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Many thanks.0
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