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NEW. Plum LISA

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Plum now offer a lifetime ISA
https://withplum.com/lifetime-isa


Comments

  • clairec666
    clairec666 Posts: 295 Forumite
    100 Posts Name Dropper
    A Plum account without a "newbie bonus" or some other weird restrictions? Must be something hidden deep in the T&C's but I can't be bothered to read them all!

    Good rate though.
  • masonic
    masonic Posts: 27,269 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Must be something hidden deep in the T&C's but I can't be bothered to read them all!
    Interest is paid yearly, but I wouldn't be surprised to learn that it is paid at the end of the year after the one in which it is earned, and you have to forfeit interest in the year you withdraw. ;)
  • clairec666
    clairec666 Posts: 295 Forumite
    100 Posts Name Dropper
    masonic said:
    Must be something hidden deep in the T&C's but I can't be bothered to read them all!
    Interest is paid yearly, but I wouldn't be surprised to learn that it is paid at the end of the year after the one in which it is earned, and you have to forfeit interest in the year you withdraw. ;)
    Sounds like the kind of thing they'd do!
  • VNX
    VNX Posts: 458 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    I wouldn’t touch plum with a barge pole 
  • sammy_zammy
    sammy_zammy Posts: 91 Forumite
    10 Posts First Anniversary
    A Plum account without a "newbie bonus" or some other weird restrictions? Must be something hidden deep in the T&C's but I can't be bothered to read them all!

    Good rate though.
    Don’t be daft, it’s 3.61% plus a 1% 12-month bonus of course. You gave them too much credit!  ;)
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