Depositing

Can I move money between Moneybox accounts?

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:

  • Notice Accounts to Regular Access accounts (Simple Saver/Reward Savings)
  • Notice Accounts to S&S ISA (Available Cash) and Cash ISA
  • Notice Accounts to GIA
  • Regular Access accounts to Notice accounts
  • Regular Access to Stocks & Shares ISA
  • Regular Access to LISA (Cash or Stocks & Shares)
  • Regular Access to another Regular Access account (e.g. Simple Saver to Reward Savings)
  • Regular Access to GIA
  • Money held as Available Cash in a Stocks & Shares ISA or GIA to any of our cash savings accounts.
  • Money held as Available Cash in a Stocks & Shares ISA to a Lifetime ISA.
  • Money held as Available Cash in a Stocks & Shares ISA to a Cash ISA.
  • Money held as Available Cash in a GIA to an ISA (Cash or Stocks & Shares)
  • Savings Accounts (Simple Saver, Reward Savings Account and our Notice Accounts) to Cash ISA
  • Cash ISA to LISA (Cash or Stocks & Shares)
  • Cash ISA to Stocks & Shares ISA

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 either a Cash ISA or Open Access Cash ISA to a Stocks & Shares ISA, please note that if your balance drops below £500 you’ll earn a lower rate of 0.75% AER (variable). For the Cash ISA, moving money does not count towards the 3 withdrawals you can make within each 12 month period without affecting your interest rate.
  • If you’re looking to move money between products in the 2025/26 tax year, please note that you’ll need to request this in the app before 5pm on Wednesday 1st April. After this point, move money will be unavailable until the next tax year begins on 6th April.
  • For moves from Notice products, please note that, due to the notice period, it’s no longer possible to request a move which will complete before the end of the 25/26 tax year.

If you’d like to withdraw money back to your bank account, this can be done in Settings > Withdraw.

 

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It's important you know

Capital at risk. All investing should be for the longer term. The value of your investments can go up and down, and you may get back less than you invest. Tax treatment depends on individual circumstances and may be subject to change in the future.

A 25% government penalty applies if you withdraw money from a Lifetime ISA for any reason other than buying your first home (up to £450,000) or for retirement, and you may get back less than you paid into your Lifetime ISA.

Your home may be repossessed if you do not keep up repayments on your mortgage.

Payments you make into your pension won’t be accessible until the minimum pension age (currently 55, increasing to age 57 from 2028). Tax treatment depends on individual circumstances and may be subject to change in the future.

For Business Saver: T&Cs apply. Max one withdrawal per day.

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