icIn case you want to transfer your Lifetime ISA account out of Plum, you need to initiate the process with your new provider. Your new provider may ask for the following details:
Product Provider: Saveable Limited (FCA: 739214)
Investment Account Number: Please use your National Insurance number as your account/reference number.
Once you complete the process with your new provider, they should initiate the transfer process on their side, and your new provider will inform us accordingly about the technical procedures.
Please note that we only support full transfers.
Government Bonus
If the transfer is completed before the 5th of the month, your new provider will submit the bonus claim to HMRC.
If the transfer is completed after the 5th of the month, Plum will submit the bonus claim to HMRC, and once we receive the money, we will send it to your new provider.
For more details about the government bonus, please check this article.
Plum Interest Rate
Basic Interest
Before 24 July 2026: If you submit a request to transfer your full Lifetime ISA balance out of Plum, any unpaid basic interest accrued since the transfer request was received will be forfeited.
After 24 July 2026: If you submit a request to transfer your full Lifetime ISA balance out of Plum, any unpaid basic interest accrued since the transfer request was received will be credited to your Lifetime ISA.
Bonus Interest: The bonus interest is paid after the 12th month of your Lifetime ISA with Plum. Therefore, if you transfer out before 12 completed months, the bonus will be lost.
We do not accept transfers via post. All transfers must be done digitally, either via our app or your provider. Any postal requests will be rejected, and you will need to contact your provider to resubmit digitally.