Depending on the reason for withdrawal, there are two options here.
If you’re withdrawing money from your lifetime ISA to buy your first home, check out this dedicated FAQ!
If you're making an ineligible withdrawal (i.e. you're not withdrawing from your Nude LISA to buy your first home, to use the funds for retirement after 60 or are terminally ill) then you'll need to make a withdrawal through the Nude app.
🚨 IMPORTANT
Just so you know, if you make an ineligible withdrawal, you’ll have to pay an early withdrawal charge of 25% to the government. This means you would get back less than you paid in (you’d lose the government bonus and pay the government an extra £6.25 for every £100 you deposited).
Withdrawals from our Cash LISA have a 95 day notice period that needs to pass before you'll receive your funds.
Withdrawals from our Cash LISA are usually completed within 10 working days.
Once a withdrawal request has been submitted in app, we're not able to cancel or stop it, so please make sure you're certain before clicking the final button to submit your request!