KaelaLee Daley Review of Moneybox
We took out LISA's with 2 different providers a ye...
We took out LISA's with 2 different providers a year ago (the reason for this being is because unless you have a new-ish smartphone which can handle thier App PER PERSON, you cannot register a second account. THIS IS IMPORTANT INFORMATION FOR INVESTORS, FACTOR BUYING A NEW SMARTPHONE ONCE THE APP NO LONGER WORKS INTO YOUR INVESTMENT CHARGES).
One LISA is with Moneybox and the other is with a High Street Building Society. In recent weeks, loss of value on savings is becoming commonplace but no-one has a happier trigger-finger than Moneybox. We have been informed of our LISA's deprecating EAR on no less than 4 occasions (and phrasing the loss cheerfully with a "no big deal" tone, detailing that we only took out the product to get the Government Bonus anyway - Wrong.). We have heard once from our High Street LISA about EAR depreciation. As for Moneybox's motive for thier constant cuts, we'll leave that to reader imagination.
We have been less than impressed with their changable nature and could we transfer the LISA we hold with them without having to wait another year before we can withdraw penalty-free, we would do so.
As it is, they have our reluctant business for now but we look forward to ending our "Relationship" with them as soon as possible. Avoid.
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