With Nude, the easiest way to keep building your first home fund and bringing down the time til you buy your first home is by setting up a monthly direct debit.
How much do I need to pay in?
The minimum monthly payment with Nude is just £25! You can change this amount easily in app - just remember that you can only contribute up to £4,000 to your LISA in any given tax year.
What dates can I choose payments to be made?
We currently have fours dates you can select in app for payments to be taken from your connected account:
If your chosen payment date falls on a weekend or public holiday, your payment will be collected on the next available working day.
How long will my deposit take to clear?
It takes two working days for your funds to clear into your Nude account once they've been collected from your bank account. You can track this progress in app, and if you've enabled push notifications, we'll drop you a message once your funds have landed in your Nude account!
How do I make changes?
Making changes in app is easy! Pop into the app, tap into your LISA info at the bottom of the home screen, and then tap into 'Manage'. You can then change the date the direct debit is taken from your account, the amount that's due to be taken, or both!
Please keep in mind that changes taken 5 working days to take effect - if your next payment is due within 5 working days of the changes you're making, they won't apply to that payment - only future payments. Please get in touch with us if you're not sure - we're happy to help!
Can I pay in a lump sum?
At the moment, we're still working on building the one off payments feature, so in the meantime a work around is to change your Direct Debit amount to a larger amount, and then to go back and change the amount to a lower value after the larger payment has been made.