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H2B ISA and LISA interest question
kimplus8
Posts: 994 Forumite
I have a LISA that has already been maxed at the £4000 for this year.
If I open a H2B isa too, I know I will not be entitled to the bonus as I already get this on my LISA but can I still benefit from interest rate of 2.5% for example or will it be set at 0% because I already have a LISA?
thanks
If I open a H2B isa too, I know I will not be entitled to the bonus as I already get this on my LISA but can I still benefit from interest rate of 2.5% for example or will it be set at 0% because I already have a LISA?
thanks
Just a single mum, working full time, bit of a nutcase, but mostly sensible, wanting to be Mortgage free by 2035 or less!
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Comments
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I have a LISA that has already been maxed at the £4000 for this year.
If I open a H2B isa too, I know I will not be entitled to the bonus as I already get this on my LISA but can I still benefit from interest rate of 2.5% for example or will it be set at 0% because I already have a LISA?
thanks
You can benefit from the interest on a H2B ISA (and even the bonus if you don't use the LISA to make a penalty-free withdrawal to buy a home).0 -
thanks Ed-1 thats fab, will open this today! xJust a single mum, working full time, bit of a nutcase, but mostly sensible, wanting to be Mortgage free by 2035 or less!0
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