Your experience with moneybox/opening LISA

therocpd

So I'm not gonna lie, I'm a bit perplexed. 
Downloaded the app, created a log in. 
If I understand it right I have to connect a current account? I have two, an actual one (llyods) and another (santander) I use as a temp place to hold money. 

I have 4.4k with a help to buy isa at nationwide. 

The plan is to open a cash LISA, put 4k in and then over next year save 8k and put 4k in the LISA next year and then April 2022 put the final 4k in

I've messaged their contact Us page but I'm getting no response. Maybe they're getting alot of enquiries this time of year. 

Am I correct in understanding that 
1. I can't just transfer money from my holdings or nationwide htb isa using online transfer, I have to tell the app I want to deposit 4k next payment date which would be weds 31st and it comes out as a direct debit
2. If I have to do direct debit, I cant do that from my help to buy isa, so I have to transfer it to my holdings account. Then a direct debit picks up the 4k from my holdings account
3. My fear is what happens if nationwide or santander block it, I've never money such a large sum before, if they think its suspicious and put it on hold will I lose out on it transferring this year??? Because moneybox takes it out weekly if it goes wrong I've missed my shot right?

[Deleted User]

You can do a direct transfer. In the app go to Settings > Transfer > Transfer In to request a transfer form. They need to have received the form by 31st March for it to count for this tax year.