You can request to move money between your 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:
Cash ISA & Open Access Cash ISA to Lifetime ISAs, Stocks & Shares ISA and 1 Year Fixed Rate ISA
Regular Access savings (Simple Saver/Reward Savings) to Notice Accounts, ISAs, Lifetime ISAs, GIA, and to other Regular Access savings
Notice Accounts to Regular Access accounts (Simple Saver/Reward Savings), S&S ISA (Available Cash only), Cash ISA, Open Access Cash ISA, and GIA
Money held as Available Cash in a Stocks & Shares ISA to a Lifetime ISA, Cash ISA, Open Access Cash ISA, 1 Year Fixed Rate ISA, Regular Access, and Notice Accounts
Money held as Available Cash in a GIA to a Stocks & Shares ISA, Cash ISA, Open Access Cash ISA, Regular Access, and Notice Accounts
Additional information on moving your funds
You can move part or all of your balance to another product, and your money will typically be moved on the next available working day. If you’re moving funds out of a Notice Account, your notice period will still apply before your money will be moved.
If you move funds out of an ISA, please note that your £20,000 contribution allowance for the tax year will not reset. For example, if you deposited £10,000 into a S&S ISA, and moved this to one of our savings accounts, you would still have a remaining ISA allowance of £10,000 for the tax year.
If moving money from a Cash ISA, please note that if your balance drops below £500 you’ll earn a lower rate of 0.75% AER (variable). However, moving money does not count towards the 3 withdrawals you can make within each 12 month period without affecting your interest rate.
