Best Help to buy ISAs - recommendations?

[pumpastrotter]

Hi all, I am looking to create a help to buy ISA account within the next few weeks but feeling a bit spoilt for choice. Where would you recommend for ease of use and set up (and obviously outcome). I'm pretty basic with finances and only have a debit account and one credit card, so new accounts and anything like that goes a bit over my head. I used to have a flexisaver account but never really used it.

My friend went through Nationwide which she has had no issues, but then MSE's top choice is Barclays, I bank with HSBC already where over the years I've had nothing but good service...but I cannot seem to find any reviews for their ISAs. I've not got a fat lot to open it with but need to get the ball rolling.

Any reviews/recommendations will be appreciated

I had a halifax help to buy but I switched it for a LISA (life time ISA). If you keep finances simple and your normal bank does one, get that. It won't make a huge difference which one you get, but make it easy for yourself.
A LISA has a 25% bonus like a help to buy but you can pay more into it over a year (£4000 total instead of £2400) and its more flexible for how you pay in. Help to buy is £200 a month - you can't pay more in. LISA is £4000 a year and how you pay that £4000 doesn't matter - a one off £4000 or the odd bit here and there.

Thanks, @negomi90 - I've briefly looked at LISAs, no chance will I be in a position to be saving more than £200 a month but there is a chance I might be gifted a small lump sum (few hundred if that) to help so it would be useful there.

To be honest there is not really a lot to compare Help To Buy ISA's on other than how much interest they give you. If it's a Help to buy ISA you want, simply pick the one who pays the most interest.

LISA v Help to buy ISA is very dependant on your circumstances.

Help to buy is more flexible, usually has the best interest rate of any cash ISA but lower bonus rate and lower house price maximum outside London. But you can withdraw your cash for any reason penalty free.

LISA has higher alllowance and higher bonus but lower interest rates or it needs investing which carries risks. Restrictive on what you can withdraw the money for, anything other than a house purchase or turning 60 will incur a 25% penalty.

It really is what suits you best.