Moving free funds into pie cash

Hi all,

Hopefully someone can help, is it possible to move free funds into my pie, it’s a small amount I received from a dividend so it doesn’t meet the £20 minimum deposit limit, but I don’t want it just sitting there doing nothing

Thanks in advanced, sorry if this has already been answered

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No. This is not possible at the moment.

Thanks! Do we know when this will be added?

Don’t know. (I am not on the staff, just a regular contributor of posts.)

Oh no worries! Thanks for answering the question though :slight_smile:

I am hoping this also comes in the future too and also the ability of moving funds from pie free funds back to our main free funds. It’s slightly annoying that I get a few pence stuck in pie free funds, although completely understand why it happens. To be honest it isn’t a big deal, so understand if the T212 team have much more important things to look at implementing.

Would be nice to be able to freely move these backwards and forwards to use as required… I’m slightly OCD about these things :slight_smile:

I think you can actually withdraw the cash from free pie funds if you go to the withdraw section and type the amount you have in :slight_smile:

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Thanks @Jphilips7 I wasn’t aware of this! Just tried with a pie that had 2p in free funds and the option was available!

Can’t believe I hadn’t tried this previously, D’oh. Thanks again :+1:

That’s alright! Yeah I found it out by luck when I was seeing if I put get the free funds into the pie :slight_smile:
Glad I could help :slight_smile:

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You can move money from free funds into a pie if it is 1 GBP/EUR/USD or more.

Oh it doesn’t seem to let me? Says it needs to be £20 at least, am I doing something wrong?

I too moved my Dividends paid from an Ex-Date Pie to free funds but I am unable to import from free cash to Pies’ Cash that I have moved the relevant slice to in order to allocate to DRIP.

I am assuming this is not possible to do.

Dividend reinvestment works only if a stock was held inside the pie on the ex-dividend date. The dividend will then be received inside the pie and will remain as pie cash (if the amount is less then your pie’s minimum investment amount) or it will be reinvested (DRIP) if the received dividend amount is equal or above your pie minimum investment.

At the moment, using Account’s Free Funds is available only for Manual pie investing, and if the received dividends are below your pie’s minimum investment amount, the account’s free funds will not be moved to your pie cash.

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