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Thanks for the reply. So I can't have the bonus for both, which leaves little point having the HTB ISA at all given that there are ISA's paying a higher rate of interest so I might as well have the LISA and then move the HTB ISA into my Nationwide 5% savings account.
Originally posted by Timberflake1983
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You're right in principle that LISA is generally a better bet given its higher annual contribution limit, but many in your shoes continue to run a HTB ISA (in the knowledge that they won't be claiming the bonus) because they typically pay better interest than other comparable accounts, so it's unusual if you find you can get better (readily-accessible) ISA rates than your HTB, who is it with?
Worth bearing in mind when doing your comparisons that Nationwide's 5% saver (whether FlexDirect or regular saver) only pays that for a year - if you're looking at buying within a year then a LISA isn't the best option for you!
Read up on the features of, and differences between, the products at:
https://www.moneysavingexpert.com/savings/lifetime-ISAs/
https://www.moneysavingexpert.com/savings/help-to-buy-ISA/