While loving Moneybox to start with, they make it ...

While loving Moneybox to start with, they make it incredibly easy to invest your money. Granted, top product. However when it comes to withdrawing your money, this is where the problem is. They encourage you to set up many accounts as possible and to make use of your tax free accounts. Their ads also encourage you to save for a house. However I have recently tried to withdraw my funds. This takes 2 3 weeks. Which is fine. But you can only do one transfer as a time. This means to take out all your money if you have multiple accounts you can be waiting 6+ weeks. For anyone who has bought a house you will know you need to show the money in you account within 2-3 weeks. Moneybox ruined my chances of buying a house, the one thing it advertised it for me to do. There is no logistical reason, purely a selfish business reason so they don t lose all their money at once.