The reaction of [FeII(L.)2](BF4)2 with Li2TCNQF4 results in the formation of [FeIII(L−)2][TCNQF4.−] (1) where L. is the radical ligand, 4,4‐dimethyl‐2,2‐di(2‐pyridyl)oxazolidine‐N‐oxide and TCNQF4 is 2,3,5,6‐tetrafluoro‐7,7,8,8‐tetracyanoquinodimethane. This has been characterised by X‐ray diffraction, Raman and Fourier transform infrared (FTIR) spectroscopy, variable‐temperature magnetic susceptibility, Mössbauer spectroscopy and electrochemistry. X‐ray diffraction studies, magnetic susceptibility measurements and Raman and FTIR spectroscopy suggest the presence of low‐spin FeIII ions, the anionic form (L−) of the ligand and the anionic radical form of TCNQF4; viz. TCNQF4.−. Li2TCNQF4 reduces the [FeII(L.)2]2+ dication, which undergoes a reductively induced oxidation to form the [FeIII(L−)2]+ monocation resulting in the formation of [FeIII(L−)2][TCNQF4.−] (1), the electrochemistry of which revealed four well‐separated, diffusion‐controlled, one‐electron, reversible processes. Mössbauer spectroscopy and electrochemical measurements suggest the presence of a minor second species, likely to be [FeII(L.)2][TCNQF42−].