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Moneybox cash LISA
Hannimal
Posts: 960 Forumite
I have just opened a moneybox cash lisa and I've popped £50 in there. I am hoping to pop £4k this tax year but now I am looking at it and I am not sure I understand what I've gotten myself into. I can't find my account details (sort code, account number) anywhere on the app? Am I misunderstanding something? I took it as MSE recommends it so I thought it would be legit but maybe I am being naive?
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Comments
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You don't get account details, sort code and account number.
You set up a dd and then decide how much you wish to add, this then gets taken from you bank a couple of days later.29/7 - App Submitted
30/7 Soft Search
3/8 Text App Rec'd by NW
13/8 Hard Search
18/8 Further Docs Req
21/8 Valuation Done - text rec'd PM same day
22/8 Update to Case - Valuation all ok & approved
10/9 Further doc submitted-back from furlough letter
15/9 Offer Issued0 -
I am not sure I understand what I've gotten myself into.
Before contributing any more it is worth reading the whole of the MSE guide and the Moneybox terms as LISAs are a complicated product.
https://www.moneysavingexpert.com/savings/lifetime-isas/0
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