Best Buy LISA 2022
9 Feb, 2022
Readers, contain your excitement as we welcome you to the digital red carpet of the glamorous UK investment and pension scene. The following providers get the Boring Money Best Buy LISA (Lifetime ISA) award for 2022 and are listed in diplomatic alphabetical order below.
These independent awards are compiled using customer reviews (30% of the score), Boring Money’s rigorous behind the scenes testing using our live accounts, charges for the smaller accounts we normally see in LISAs, and customer service. For these awards we placed great importance on the help and support available for typically younger, less confident investors, as well as ease of use. These awards take our research team of 6 analysts over 2 months to research and collate, and recognise all round excellence. In our opinion – and their customers’ opinion - they are the best LISAs in the UK today for those investing without an adviser.
Best Buy LISA 2022 winners list
More information about the awards
Why did we come up with these awards and the Best Buy LISA?
The financial sector is remarkably stubborn in its persistent use of jargon to describe products like LISAs. And it can be tricky to know who to trust. This makes it more difficult for customers like you to compare providers, understand what's the best LISA in 2022, and make an informed choice before you put your money away. In practice, a LISA is very simple to understand. You can open one if you're aged 18-39. You can put up to £4,000 into it each year until you're 50. And the Government will give you a 25% bonus for whatever you put in. Now, that's all well and good, but our Best Buy LISA award honours those providers who go the extra mile in making it as easy as possible for you to open a LISA, manage your savings, get the right help at the right time, or change your account or provider.
And how does this information help me?
We didn't just come up with these awards to brag about how great all these providers are. The Best Buy LISA award exists primarily to help you - the customer - make better decisions that will support your long-term financial goals. Whether you're planning on opening a LISA to save up for a mortgage or put more money towards your retirement - we've done all the hard work and boring analysis so you don't have to. And as you navigate our website and check out different ISA providers, think of our Best Buys as an excellent tool for your comparisons. Did we mention that we're a tough crowd to please?
Still not sure?
Not convinced a LISA is what you need? Then try our 2-minute quiz to sense check what we think are some good options for you.
Our general reviews of LISA providers can be read on here.
Find out who our winners are for each of the other categories: Best Buy ISA, Best Buy Pension, Best Buy JISA, Best for Sustainable Investing, Best for Beginners, Best for low cost ISA<£50K, Best for low cost ISA>£50K, Best for low cost SIPP<£50K, Best for low cost SIPP>£50K, Best for Share Traders, Best for New Investment Platform, Best for Customer Service and Best App.