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The 2025/2026 Tax year ends soon, make the most of your allowance with Plum

GET A PLACE OF YOUR OWN
FASTER.

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With our competitive rate of 4.05%*, plus the 25% government bonus, the Plum Lifetime ISA is the perfect way to help you put away the pennies (and the pounds) for your first step onto the property ladder.

Open Plum Lifetime ISA
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*The total 4.05% AER (variable) includes a Plum bonus of 0.94% AER (variable) if you meet all eligibility conditions for the full 12 months. After 12 months, the rate will be 3.11% AER (variable). The transfer-in rate is 4.05% AER (variable). This is the rate from 05/03/26. Interest on our Lifetime ISA varies. ISA rules and T&Cs apply.

Make sure a Lifetime ISA is right for you. Withdrawing for anything other than your first home, retirement, or a few specific circumstances may result in a 25% government penalty, meaning you could get back less than you put in. Tax treatment depends on your situation. Learn more about Lifetime ISAs here.

FSCS protected

Eligible deposits are protected under the Financial Services Compensation Scheme up to £120,000.

ABOUT LIFETIME ISAS

Lifetime ISAs (LISAs) help you save for your first home, or for retirement:


  • Open your Lifetime ISA and pop in up to £4,000 a year.
  • Earn 4.05% AER (variable), tax-free, with interest paid yearly.
  • Save for your first home or retirement.
  • Get a 25% government bonus of up to £1,000 a year.

Your deposits count towards your yearly ISA limit. If you withdraw for any other reason, you’ll pay a 25% charge - except in special circumstances, for example if you’re very ill.

OPEN A LIFETIME ISA
LISA First Deposit Success Phone Screen

Get home, quicker

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Save smarter

For every £4,000 you can add to your Lifetime ISA each year, the government will give you another £1,000 for free. That’s a 25% boost every year.

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Save bigger

With more competitive rates than the big banks and no tax to pay on the interest you earn, your balance will be getting the Plum turbo-charge treatment.

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Save safely

Your Lifetime ISA is designed to help you build towards your first home, with features tailored to support your property buying journey. We're here to help you reach your goal step by step.



START TODAY OR SWITCH

You can open your Lifetime ISA in your Plum app right now with as little as 1p. And if you’ve already opened one with another provider, you can transfer it over and start taking full advantage of the Plum rate.

Both take a few minutes, and all you need to get started is the Plum app and your National Insurance number.

RATE BREAKDOWN

HOW YOUR RATE IS CALCULATED

UP TO £120,000

The FSCS protects eligible deposits (up to £120,000) that you have saved, per bank, building society or credit union (or up to £240,000 for joint accounts).

If you've got existing savings with Citibank or Lloyds, the FSCS protects up to £120,000 per person, per financial institution, so you may want to check whether any additional savings with them would mean you exceed the protection limit.


Click here to learn more about how your money is protected.

Open a Lifetime ISA

Open a Lifetime ISA for free, today.



Get access to Plum's automation tools to help you reach your goals faster. You can use or Auto Savers to help you save automatically and build your deposit faster.




Always verify that automations are right for you.


LISA First Deposit Success Phone Screen
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Or explore our other ISA options

Cash ISA

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Cash ISA

  • Save up to £20,000 a year tax free
  • Earn a great rate of 4.66%, with interest paid monthly
  • We offer a bonus on Cash ISA transfers and the process is securely managed by Plum
Learn more
Open a Cash ISA

*Rate includes a Plum bonus of 2.12% AER (variable) if kept for 12 consecutive months and other conditions are met. After 12 months, the rate will be 2.54% AER (variable) The transfer-in rate is 4% AER (variable) which includes a bonus rate of 2.12% AER (variable). Interest on our Cash ISA varies. This is the rate from 05/03/26. ISA rules and T&Cs apply. Plum is not a bank.

Stocks and Shares ISA

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Stocks and Shares ISA

  • Invest up to £20,000 a year tax free
  • Pick from a range of funds matched to your risk appetite, or back the industries you care most about
  • Stay consistent with our automation features
Learn more
Open a Stocks and Shares ISA

Tax treatment depends on your individual circumstances and may change in the future. Check that automation is right for you.

SUMMARY BOX

FREQUENTLY ASKED QUESTIONS


Ts&Cs & ISA rules apply. Tax rules for ISAs can change and their benefits depend on your personal circumstances.
Plum does not offer financial advice and individuals should conduct their own research or seek independent advice. Read more about your allowance here.

OPEN A LIFETIME ISA

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LET'S GET STARTED

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