I invested some spare cash when Wealthify launched in the Starling Marketplace and although there were a few teething problems at launch, all went pretty well.
Fast forward a few months when I requested to withdraw £3.5k. The estimate is 10 days. I requested this withdrawal on the 24th June and to date (19th July) it still hasn’t been issued. I’ve been given a timeframe of almost another week, so that’s a MONTH to release the funds. I fully accept that 10 days is not a guarantee but a month is a considerably longer than 10 days.
I’m hoping that the cash will be issued at some point this coming week, although I’ve heard this several times already.
I trust Wealthify and I know they’re not doing anything dodgy, but this post is intended to shed some light on their release times as if I was in desperate need of this money, I would have been in a slight predicament. 10 days is best case - over a month (or possibly more) is worst case. Just a friendly word of warning to those who might be caught out.