Can I open a Lifetime ISA alongside other ISAs?

Answer

Yes, you can hold a Lifetime ISA (LISA) alongside one or more of the various ISA types, such as:

  • Cash
  • Stocks and shares
  • Help to buy
  • Innovative finance

Each tax year, you can pay up to £4,000 into your LISA. Be careful not to exceed your overall annual ISA subscription limit of £20,000, which a LISA normally counts towards.

You can open more than one Lifetime ISA, but you can only pay into one each tax year.