Lifetime ISA interest rates soar: An essential guide to the first-time buyer and pension saving scheme
Providers are paying significantly more interest to holders of cash Lifetime ISAs (LISAs) with rates soaring nearly 320% in the last year. Our complete guide will give a greater understanding of all aspects of the LISA and help you decide whether one is right for you.
The average cash LISA pays 3.26%, trouncing the paltry 0.78% offered in July 2022, data from Moneyfacts reveals.
This represents a four-fold increase or a 317% rise in just a year, off the back of consecutive hikes to the Bank of