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Transfer to a OneFamily Lifetime ISA

You can transfer into a OneFamily Lifetime ISA from an existing:

  • lifetime ISA
  • help to buy ISA
  • cash or stocks and shares ISA
  • matured child trust fund and matured junior ISA.

You must transfer everything from your account as we don't accept partial transfers. We accept transfers from cash or stocks and shares products.

We won't charge you to transfer to us, but please check with your current provider in case they charge any transfer-out fees.

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How much can I transfer?

We don't accept partial transfers so you will need to transfer everything from your existing account.

However, please be aware that you can only pay up to £4,000 into a lifetime ISA each tax year. Therefore, if you're moving money from an account that isn't an existing lifetime ISA, transferring to our Lifetime ISA is only an option if you have £4,000 or less in your account.

Instead of transferring, you can withdraw up to £4,000 to pay into a new lifetime ISA, however this will count towards your annual ISA allowance.

If you're moving money from an existing lifetime ISA this can be more than £4,000 and must be everything from your account. Please be aware that you won't receive the government bonus on money you transfer from an existing lifetime ISA as this will already have been paid.

25% government bonus on the money you invest

Available to 18-39 year olds

Designed to help you save for your first home or later life

Two simple investment fund options

Why choose OneFamily?

We keep our Lifetime ISA simple with a 1.1% annual management charge and 24/7 online account access. You'll also have the option to invest your money in a climate-focused fund.

We’ve provided more than £4.75 million in funding since 2015 through our individual and community-based funding initiatives – supporting over 390 great causes such as foodbanks, homeless charities and schools - and improved the lives of over 3,200 people through our individual grants.* We're proud of our moral values and, as a OneFamily customer, we want you to be too.

* As at 31 December 2021

How to transfer a Lifetime ISA

1. Choose a fund
Decide which of our two Lifetime ISA funds is right for you by reading the fund documents below.

2. Apply online
Click the transfer link at the bottom of this page to fill out the short transfer form. Then print, sign and post it back to us at FREEPOST ONEFAMILY (this is the full address).

3. Start saving!
As soon as the transfer is complete, you’ll be able to log into your online account to set up a direct debit or start making one-off payments.

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Frequently asked questions - transferring to a OneFamily Lifetime ISA

Our Lifetime ISA invests in stocks and shares, which has higher potential for growth than interest-only accounts over the long term. Looking back over the past 60 years, people who chose to invest have generally made more money than those who chose to save in an interest-only account*.

However, as with all investing, there is a risk that the value of your investment could go down.

People choose OneFamily because of our competitive charges and our strong moral compass. We’re not owned by shareholders so we don’t pay dividends - put simply this means our profits are used to benefit our members and our community.

We also care about the environment and offer our Lifetime ISA customers the option to invest in a climate-focused fund, meaning this fund considers the climate credentials of companies before buying shares in them.

As a member of OneFamily, you’ll also have access to free equity release advice (worth £950), and you'll be able to apply for a Young Person's Education Grant on behalf of someone aged 15-19 years old.

*Since 1960, 92% of 10-year periods and 77% of 5-year periods showed a higher real percentage return for investments compared to average building society interest rates. Source: Barclays GILT study 2023.

Choose which fund you'd like to invest your Lifetime ISA in

Please read all relevant documents below to get an understanding about how each fund is invested, then choose the fund that suits you best. As our Lifetime ISA invests in stocks & shares, its value can go down as well as up, so you could get less than was paid in.

Ready to get started?

Transfer to a Lifetime ISA

Transfer to a Lifetime ISA today

Move your savings to a Lifetime ISA quickly and easily

If you wish to transfer your matured OneFamily Child Trust Fund money into our Lifetime ISA, you'll need to log into your account where you can let us know how much you'd like to transfer.

Lifetime ISA from OneFamily

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