Lifetime ISA
bonus calculator
The government will literally give you free money for saving. Up to £1,000 a year, no strings attached. If you're a first-time buyer and you haven't opened a LISA, you're turning down free cash.
First home or retirement
Use for a property up to £450,000 or leave it until age 60.
25% government bonus
The government adds £1 for every £4 you save. Up to £1,000 free per year.
Growth projection
See your total pot including bonus and investment returns.
Lifetime ISA Bonus Calculator
See how much your Lifetime ISA could be worth with the 25% government bonus and compound growth.
You must be 18-39 to open a new LISA. Contributions accepted until age 50.
Maximum £333 per month (£4,000 per year).
A stocks and shares LISA has historically averaged around 5-7% per year. Cash LISAs offer lower but guaranteed returns.
LISA key facts
Common questions
Who can open a Lifetime ISA?
You must be aged 18-39 to open a LISA. You can continue contributing until you turn 50. You need to be a UK resident for tax purposes.
What happens to the LISA from April 2028?
The government has confirmed the LISA is being replaced by a new product from April 2028. Existing accounts will stay open under the same rules. Opening one now locks you into the current system.
What if I withdraw early?
If you withdraw for anything other than your first home or after age 60, you'll pay a 25% penalty on the amount withdrawn. This means you'd lose the government bonus plus some of your own money.
Don't miss out
- Open with just £1 to lock in the current rules
- LISA is being replaced from April 2028
- Existing accounts keep the same terms
- 25% bonus is guaranteed by the government
- Counts toward your £20,000 ISA allowance
LISA provider not paying your bonus?
If your LISA provider has delayed your bonus, messed up a transfer, or given you bad information, we'll help you sort it.
Start your free complaint