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Moneybox pushed me over my ISA limit for the year

jamesfcarter · 2026-02-17 17:00:37

Hey folks. I have a Moneybox cash ISA that I transferred funds into, but have made no deposits into this tax year as I have already paid £20K into a Trading 212 stocks and shares ISA. A few days ago I got an email from Moneybox saying that they'd just paid £20 into my account as a "reward" - not something I asked for or…

Comments

Kim_13 Posts: 4,274 Forumite

18 February at 9:40AM

It's certainly odd that their deadline for telling them you need the payment to be paid elsewhere is after they have paid it, but if you follow their terms and do so then you would have the right to go to the ombudsman were that to become necessary down the line. Telling them now also means that you would have all of March to decide whether to remove £20 from T212 based on their response.

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