Save for life’s big moments with Tembo
Build wealth, become a homeowner faster and save towards life’s big milestones with our award-winning savings & investments app.
Award-winning app trusted by 350k people
4.3% AER (variable) Tembo Cash LISA
Tax-free interest or investment gains
High growth ESG investment account
Trusted
Rated ‘Excellent’, multi-award winning and trusted by thousands to make home happen. Tembo is also backed with investment from Aviva.
Regulated
We are authorised and regulated by the Financial Conduct Authority. Your financial wellbeing is our top priority.
Protected
Up to £85,000 of your money is eligible for protection under the Financial Services Compensation Scheme.
Secure
We encrypt and protect all data with banking-level security to keep you and your money safe.
Tembo Lifetime ISA
A Lifetime ISA is a smart way to build a deposit for your first home or a retirement fund faster. Already have a LISA? Switch to our market-leading Lifetime ISA in under 5-minutes.
£1,000 annual bonus: Contribute the maximum £4,000 each tax year and you’ll get a 25% bonus. Or £1 extra for every £4 saved.
Tax-free benefit: The money you save or invest, plus the interest or investment gains are totally tax-free.
Save over the long-term: You can keep paying in until you turn 50, and receive a maximum bonus of £32,000.
Save or invest: Depending on your risk appetite and timeline to buy, you can choose a Cash LISA or a Stocks & Shares LISA.
Options to suit your needs
With all Lifetime ISA accounts, you’ll benefit from the 25% government bonus, but you’ve got a choice as to how you want to grow your funds.
Cash
Lifetime ISA
Save your money in a cash savings account, and earn a market-leading 4.3% AER variable rate of interest. No introductory rates, no fees.
Learn more
Stocks & Shares
Lifetime ISA
Invest your money in a high-growth ESG fund. You don’t earn a fixed rate of interest, instead you invest into assets that can go up or down.
Learn moreInvesting involves risk
If you open a Tembo Stocks & Shares Lifetime ISA, it’s important that you know the value of your investment could go up as well as down. You could get back less than you put in, which means it would take you longer to buy your first home. Past performance is not necessarily a guide to the future and investing is not intended to be a short-term option. We can’t and don’t provide financial advice so please be sure that investment risk is right for you.
Coming soon:
Tembo Cash ISA
We know that your savings goals don’t vanish once you’ve bought your first home, or you might want to deposit more than £4,000 each year. So we’re launching a Cash ISA; so you can save up to £20k each year, tax-free.
Competitive interest rate
Deposits from just £1
FSCS-protected up to £85,000
Tax-free deposits up to £20,000
By signing up to receive updates about our Cash ISA, you will be agreeing to our email marketing consent. This gives us permission to send you marketing communications via email with updates on our Cash ISA, which you can unsubscribe to at any time. Read our Privacy Policy here.
Trusted by over 350k savers
An app all millennials should have!
“I’ve been saving for my first home with Tembo for the last couple of years. No hassle, simply the best for all first-time buyers.”
Soundar M
Lifesaving app
“For someone that has worked since they were 15, but never saved, this is the lifesaving app I wish I found years ago”
Saskia
Friendly, expert staff
”Tembo make a real community around saving for your home. I’ve felt encouraged in interactions with their staff, and they’ve kept me focused on my savings!”
Yvonne
Why Tembo?
Secure & protected
Your funds are protected up to £85,000 by the Financial Services Compensation Scheme. This provides protection for consumers in the event that their financial institution fails. We hold all client money with two established British banks - Virgin Money and Barclays.
Experts in all things home
If you’re saving toward your house deposit, you’re in the best possible place. We’ll calculate your time to buy when you sign-up, then give you all the guidance you need to reduce it. From AI-driven insights into your finances to award-winning mortgage advice from our sister company.
UK-based support
Your money matters, to you and to us. And sometimes speaking to a human about it is a non-negotiable. Our friendly support team are UK-based, and available 5-days a week to help when you need that human touch.
Competitive rates
We’re determined to bring our customers the best possible rates and products. Take our market-leading Cash Lifetime ISA as an example. After 5-years, you’ll have an extra £600 in your pocket from interest gains versus the next best rate on the market.
Monthly giveaways
Every single month, we give away £1,000 to a Tembo saver. When you sign-up, you’ll automatically be entered into the giveaway, and will continue to be for as long as you hold an account with us.
