Savers have just hours left to get a free £1,000 from the Government to put toward your first home or retirement.
The money is issued as a bonus for those who max out their Lifetime ISA (LISA) each tax year.
If you have a LISA, you can put away £4,000 each year and the government will give you a 25% bonus on top of the cash you save.
This means you can get £1,000 free each tax year - or £2,000 free if you’re in a couple and you both have a LISA account that you max out.
The bonus is paid monthly into your LISA and your money also accrues interest as well - although you only get a bonus on your contributions, not any interest gained.
You'll still get the bonus on smaller amounts too. So if you're only able to save £1,000 in one year, you'd get £250 from the government.
What is your method for saving for the future? Join the discussion in the comment section
But time is running out to make the most of your free LISA money, as the current tax year ends today (April 5). The new tax year will begin tomorrow (April 6).
You can open a LISA account if you’re aged between 18 and 39 and the money can only be used to put a deposit toward your first home or for retirement.
If you take out your money for anything other than these reasons, you’ll lose your bonus and pay a 25% penalty, which works out at around a 6% loss.
Have you had trouble paying into a Lifetime ISA account before the deadline? Let us know: mirror.money.saving@mirror.co.uk
The maximum bonus is £33,000 if you open it at 18, and max it out until you turn 50 - you can’t pay into a LISA beyond the age of 50.
If you're saving for your first home, you won't find a regular savings account from a bank or lender that pays 25% interest.
The top easy-access account right now is from Chase Money, which pays 1.5% interest and has no minimum deposit. The most you can put away is £25,000.
The second top payer is Cynergy Bank which pays 1.1%, has a minimum deposit of just £1 and you can pay in £1million.
Or if you have a smaller sum, the Virgin Money M Plus account tops both with a rate of 2.02% - but you can only pay in up to £1,000.
If you can afford to lock your money away for a whole year, Tandem and Oxbury are the top players, each paying 1.8%.
JN Bank will offer you 2.11% with its two-year fixed account if you pay in a minimum of £1,000, or the best five-year fix is from Secure Trust Bank or Monument, which both pay 2.4%.
