Juno's on the scent…

Lifetime ISA (LISA)

First home or age 60 · Cash ISA · Checked 3 Nov 2026, 15:30

2.60%

AER

Not above inflation: CPI 3.5%, September 2026

What you'd earn

Paid in over a year (£)

You pay in: £4,000.00
Interest from Bath Building Society at 2.60% AER: £104.00
Government bonus (25%, not interest): £1,000.00
After a year: £5,104.00

Workings: interest £4,000 × ((1 + 2.60%)¹ − 1) = £104.00; bonus £4,000 × 25% = £1,000.00 (most £1,000 a year). Assumes the money is paid in at the start of the year and the rate stays the same; interest on the bonus, which arrives later, is left out. Taking money out other than for a first home, at 60 or over, or if terminally ill costs 25% of what you take out.

Lifetime ISA rules from GOV.UK

The conditions in plain English

Access: Withdrawals before 60 lose 25% of the amount withdrawn, unless for a first home costing up to £450,000 at least 12 months after the first payment, or terminal illness.
Minimum: £1
Interest paid: Once a year
Manage by: Online
Who can apply: Aged 18 to 39 to open. UK resident.
Where we read it: Bath Building Society's own page, 3 November 2026

Full details

Juno hasn't read a Summary Box for this account yet. Bath Building Society's own page has the full terms and conditions.

Who holds your money

Deposit-taker: Bath Building Society, a trading name of Bath Investment & Building Society
Incorporated in: United Kingdom
Regulated: Yes, by the Prudential Regulation Authority and Financial Conduct Authority (FRN 206026)
Protection and disputes: Financial Services Compensation Scheme and Financial Ombudsman Service
Capital: Capital and reserves of £48.6m at 31 December 2024 (latest published accounts).

FSCS protection

Up to £120,000 per person is protected across everything you hold with Bath Investment & Building Society.

Check your total protection

Rate history

No change since tracking began.

Go to Bath Building Society to apply

You'll apply on Bath Building Society's own website. Bath Building Society may pay us if you open this account; that doesn't affect its position in our results.