Lifetime ISA

Enjoy ZERO account charges for 12 months*

Help make buying your first home a reality with a FREE Dodl investment Lifetime ISA.

Plus, earn 3.80% AER variable interest** on cash not yet invested – so your money always works for you.

Dodl offers a range of accounts and investments but not advice. And just like all investing, you could lose money as well as make it.

*Available to new and current customers, open an account or fund an existing one with £1,000 before 30 April 2026, and you won’t pay any Dodl charges for 12 months.

**Annual equivalent rate – this tells you the interest you’d earn in a year, factoring in compounding interest payments. This makes it easier to compare interest rates across different accounts.

What’s an investment Lifetime ISA?

A Lifetime ISA (LISA) is your first-home-buying or retirement-boosting investment account! This page covers some of its most important points, but make sure you read its key features before opening one with Dodl.

Read the key features

How do LISAs work?

Grow your savings

Being an investment account means you have the opportunity to grow your Lifetime ISA savings by investing them in your choice of funds, themes and shares.

Tax-free

And because it’s a type of Individual Savings Account (ISA), any investment growth or income made is tax free! (Tax and ISA rules can change in future.)

For your first home or retirement

You can withdraw your Lifetime ISA savings, charge-free, for a deposit on your first home (up to £450,000) or retirement from age 60.

With a lovely 25% bonus

It comes with a generous 25% government bonus on the amount you pay into it, with the maximum bonus each year being £1,000.

Get your cash working for you

Deciding where to invest your money takes time. That’s why we’ll pay you 3.80% AER variable interest on any cash in your Lifetime ISA that’s not yet invested.

So, you can learn more about how you want to invest, all while your money earns interest for you.

Know the Lifetime ISA limits

You can only open a Lifetime ISA if you're below the age of 40 (unless you're opening it to transfer an existing Lifetime ISA in).
You can only pay into your Lifetime ISA up to the age of 50.
You can pay in up to a maximum of £4,000 to a Lifetime ISA each year (known as the Lifetime ISA allowance). Anything you pay in also counts towards your overall ISA allowance of £20,000.
You'll need to have paid into your Lifetime ISA for a minimum of 12 months before you can withdraw it charge-free to buy your first house.
If you save into a Lifetime ISA instead of your workplace pension you'll miss out on your employer’s pension contributions, and your entitlement to means-tested benefits could also be affected.

Last but not least!

If you withdraw cash from your Lifetime ISA before age 60 and aren't using it to buy your first home, you’ll have to pay the 25% government withdrawal charge on the amount you take out. That means you could get back less than you paid in.

Why choose a Dodl investment LISA?

Because Dodl keeps things simple. You can open your LISA and start your investing journey with as little as £25 a month. And here are just a few more reasons…

Part of AJ Bell

You get all the AJ Bell experience and expertise, squeezed into one easy-to-use, no-nonsense investment app.

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Low-cost investing

Invest for less with just a 0.15% account charge - making Dodl one of the best value investment apps around.

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Hassle-free choices

Keep the choice but lose the hassle, with Dodl’s straightforward range of AJ Bell funds, themed investments and shares.

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Investing is an opportunity to grow your money, typically outperforming cash savings over the long term. However, investing comes with risk as well as reward, and the value of your investments can go down as well as up. Tax benefits depend on your circumstances and tax rules may change. Any information we provide is to help with your research and isn't financial advice.

Lifetime ISA charges

For 12 months, the Dodl Lifetime ISA comes with ZERO account charge – meaning more money in your pocket.

How much?

Zero. Null. Nil. For 12 months, you’ll pay nothing to have a Dodl Lifetime ISA.

What’s the catch?

Whether you’re a new or existing customer, just add £1,000 to your account before 30 April 2026, and we’ll waive our account charge.

What happens then?

After 12 months you’ll only be charged a small 0.15% of the value of your investments per year (min £1 per month).

Anything else?

The investments you choose have their own charges to buy/sell or hold them.

How to get started

It’s as easy as 1-2-3 to get started with a Dodl investment Lifetime ISA.

1

Open your account

Sign up and open your shiny new Lifetime ISA in minutes

2

Add cash to it

Add a one-off amount from as little as £100
Set up a direct debit from just £25 a month
Transfer another ISA to Dodl

3

Start investing

Build up your tax-free investment portfolio from the range of funds, themes and shares

Get started today