How long does it take for my money to be invested?
After your savings are collected at midday on Wednesday, your money will be invested into your ISA or GIA (or your child’s Junior ISA) on the Friday of the following week (i.e. seven business days later).
The full timeline is as follow:
Day 0 – Wednesday midday
Your Moneybox is emptied and a Direct Debit instruction (round down to the nearest whole pound) is generated and you will be notified of the amount within the messages section of the app.
Day 1 – Thursday
Your Direct Debit instruction is submitted to your bank.
Day 3 – Monday
Money will leave your bank account via a Direct Debit.
Day 6 – Thursday
The ISA manager processes your contribution and prepares to make your investment.
Day 7 – Friday
Your money will be invested
Day 11 – Thursday
Your investments have settled and will be reflected in-app.