How to Cancel Moneybox
Moneybox is a savings and investment app. Close through the app.
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Quick Facts
- Cancel online?
- Yes
- Pause option?
- No
- Refund policy
- No closing fee. LISA penalties apply to early withdrawal.
- After cancellation
- Account closed after positions resolved.
Cancellation Steps
Go directly to Moneybox cancellation pageOpen Moneybox app
Sign in.
Go to Settings
Find Close Account.
Withdraw investments
Sell and withdraw.
Confirm
Follow steps.
Tips & Things to Know
- Sell all investments first.
- ISA transfer takes 4-8 weeks.
- Lifetime ISA has withdrawal penalties.
Your Consumer Rights
- Consumer Rights Act 2015 for UK users.
Frequently Asked Questions
- LISA penalty?
- 25% government penalty on early withdrawal.
- ISA transfer?
- 4-8 weeks to another provider.
- Sell investments?
- Yes, before closing.
- Can I reopen?
- Apply again.
- Free?
- No subscription, fee on investments.