H2B to LISA transfer - Interest

thecorporaterat

Hello,
I am looking this week to transfer my H2B Cash ISA into a LISA CASH ISA. I have c.£4500 in my H2B ISA which gets 2.75% interest annually. I am eligible to transfer c.£2500 of it into my LISA without it counting towards my £4000 limit. As such I should be paid the 25% gov bonus on £6500.

My question is, since by H2B ISA pays interest annually, when I transfer the c.£2500 will the 2.75% interest I have gained this tax year be calculated and transferred across too?

Please can someone suggest whether I can still keep my H2B ISA open after the LISA transfer (on the basis I can still get 2.75% interest but won't be able to claim any gov bonus on it)?

I do apologise if this is a silly question but I just wanted some clarity.

Thanks

ValiantSon

You will receive all the interest on the HTB ISA pro-rata for whatever portion of the year that you have held it. The interest will be paid into your HTB account.

You can continue to hold and pay into both a HTB ISA and a LISA.