Move money allows you to move funds between Moneybox products in Settings > Move money between accounts.
At the moment we offer the following moves in the app, and we’re working on rolling this feature out to more products in the future:
Notice Accounts to Regular Access accounts (Simple Saver/Reward Savings)
Notice Accounts to ISA (Cash or Stocks & Shares)
Regular Access accounts to Notice accounts
Regular Access to ISA (Cash or Stocks & Shares)
Regular Access to LISA (Cash or Stocks & Shares)
Regular Access to another Regular Access account (e.g. Simple Saver to Reward Savings)
Funds held as Available Cash in a Stocks & Shares ISA or GIA to any cash savings account
Funds held as Available Cash in a Stocks & Shares ISA to a Lifetime ISA.
Funds held as Available Cash in a Stocks & Shares ISA to a Cash ISA
Cash ISA to LISA (Cash or Stocks & Shares)
Cash ISA to Stocks & Shares ISA
Please note that if you move funds from a Cash ISA to a Stocks & Shares ISA, this will use one of your three Cash ISA withdrawals before impacting your interest rate, and if your Cash ISA balance drops below £500 you’ll earn a lower rate of 0.75% AER (variable).
If you’d like to withdraw money back to your bank account, this can be done in Settings > Withdraw.