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Moneybox LISA interest query
Anybody else have a Moneybox LISA and looking to jump ship?
I signed up for one last year and maxed it out with 4K. So it's currently sitting at £5122.37.
It's interest rate is made up of an underlying rate and introductory bonus.
The plan was to transfer this to a Dodl Stocks & Shares LISA on the 6th April. But it says there's an introductory bonus which expires on 9th June……. So does the below now throw a spanner in the works:
You'll earn this for the first 380 days after opening your Lifetime ISA.
Important: You will not be eligible to receive introductory bonus interest if you have a balance of
£0 in your Cash Lifetime ISA at the end of the offer period and have not made an authorised
withdrawal (i.e. buying your first home, aged 60 or over, or terminally ill).
You'll also not be eligible to receive introductory bonus interest if you transfer out to another
provider before the end of the offer period.
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