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H2B ISA and LISA interest question

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
Just a single mum, working full time, bit of a nutcase, but mostly sensible, wanting to be Mortgage free by 2035 or less!

Comments

  • Ed-1
    Ed-1 Posts: 3,943 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    kimplus8 wrote: »
    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).
  • thanks Ed-1 thats fab, will open this today! x
    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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