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What's the difference between a Cash or Stocks & Shares Lifetime ISA?
What's the difference between a Cash or Stocks & Shares Lifetime ISA?
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Written by Polly
Updated over a week ago

Both of these Lifetime ISAs get you 25% bonuses towards your first home (up to £1,000 per tax year) or retirement, and you can put up to £4,000 per tax year into both types.

The difference is, with a Cash Lifetime ISA you earn interest on your balance. This is currently 4.75% AER (variable) with us.

With a Stocks & Shares Lifetime ISA, your money is invested. We use BlackRock's MyMap5 ESG fund, which will give you returns on your money - however as with all investments please keep in mind that your money can go up, as well as down in future.


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