How does AJ Bell’s Lifetime ISA (LISA) work?

Home > Reviews > AJ Bell Lifetime ISA

AJ Bell’s lifetime ISA is an excellent way to save for your first home (or your retirement). When you invest in a lifetime ISA with AJ Bell you are investing in the stock market where you can potentially make more money than in a cash-interest lifetime ISA. However, it’s important to remember that when investing, you could get back less than you put in. But, you could potentially offset any losses against the government’s 25% top-up bonus.

AJ Bell Lifetime ISA Review
AJ Bell

Name: AJ Bell Lifetime ISA

Description: Invest as little as £25 per month with regular investing and access to a vast range of investments including stocks, over 2,000 funds, ETFs and access your account online 24/7 and deal on the go with the mobile app.
Capital at risk

Key Features

  • Investments: Shares, ETFs, bonds & funds
  • Minimum deposit: £500
  • LISA fund charges: 0.25%
  • LISA share charges:0.25%
  • Dealing fee: Shares £4.95 – £9.95, funds £1.50

 

Fees: AJ Bell charges 0.25% of the value of your for a general investment account, but share account fees are capped at £3.50 a month. Dealing costs are £1.50 for funds and £9.95 for shares but drop to £4.95 where there were 10 or more online share deals in the previous month

Offers:

  • Recommend a friend, and you’ll both get £100 gift vouchers – When you recommend a friend to AJ Bell that invests more than £10,000 in a SIPP or ISA, you and your friend can get One4All gift vouchers worth £100.
  • Switch your share dealing account and receive up to £500 to cover exit fees – If you transfer your share dealing general investment account valued at more than £20,000 to AJ Bell they will help cover any exit fees charged by your current provider. They will cover £35 per investment moved and up to £100 for general exit fees, up to an overall maximum of £500 per person.
  • Free subscription to Shares Magazine worth £220
    Get a free subscription to Shares (worth over £220 per year) by maintaining a balance of £4,000 or more across your AJ Bell investing accounts.

Pros

  • Pick your own LISA shares, funds and bonds or use their investing ideas
  • Low LISA account fees capped at £3.50 a month for shares

Cons

  • High phone dealing charges
  • Pricing
    (4.5)
  • Market Access
    (5)
  • Online Platform
    (4)
  • Customer Service
    (4)
  • Research & Analysis
    (4)
Overall
4.3
Scroll to Top