Turn your money into something greater with Moneybox. Grow your money through investing with as little as £1, our simple starting options, and range of funds. Save for your first home with our market-leading Lifetime ISA, and get free Mortgage Advice when it’s time to buy. Find and combine your old pensions and build a retirement fund worth waiting for with the Moneybox Pension. All with award-winning customer support. Choose from a range of accounts for every need • We offer a Stocks and Shares ISA, Lifetime ISA, Junior ISAs, Personal Pension, Savings accounts and more to help you turn your money into something greater. • You can also plan for your future with tools such as our popular Lifetime ISA Calculator, ISA Time Machine and more. Make saving and investing part of your everyday life • Start saving, automatically: Set up a regular weekly deposit, a monthly payday boost, or round up your everyday card purchases to the nearest pound and save or invest the spare change e.g. when you buy a coffee for £2.40, you can choose to ‘round up’ to £3 and set aside the 60p change. You can also make one-off deposits whenever you like. Grow your money through investing • We've worked with experts to put together three simple starting options – cautious, balanced and adventurous. All you need to do is pick one! • The option you choose determines how your savings are split between a range of tracker funds. Using these funds, you can invest into thousands of leading companies from around the world including Facebook, Netflix and Disney. • This range of funds includes a socially responsible option. Our socially responsible global shares fund invests in a range of companies from across the developed global stock market but considers environmental, social and governance factors in its selection process. • Your investments are held within a Stocks & Shares ISA, Stocks & Shares Lifetime ISA or General Investment Account (GIA). All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Find and combine your old pensions • We offer a Personal Pension to help you build a retirement fund worth waiting for. Our Pension Detectives are here to help you track down your old workplace pensions and combine them into one simple pot. T&Cs, pension and tax rules apply. Buy your first home with our market-leading Cash Lifetime ISA and free Mortgage Advice • Save up to £4,000 per year and get a 25% government bonus with a Cash Lifetime ISA. This means you can get up to £1,000 a year towards your first home. • We also offer free Mortgage Advice when it’s time to buy. Browse over 90 lenders and find a mortgage that’s right for you. • Government early withdrawal charge may apply to the Lifetime ISA. • Moneybox Mortgage Advice is provided by Moneybox Mortgages Ltd. Your home may be repossessed if you do not keep up your mortgage repayments. Trusted and transparent • Moneybox is authorised and regulated by the Financial Conduct Authority with reference number 712935. • For our investment products, we charge just £1 a month. To help you get started, we do not charge this for the first three months. Annual management fees of 0.45% and fund fees - charged directly by the fund provider - also apply. If you choose to invest in US stocks, a currency conversion fee of 0.45% applies. • For our savings products, we do not charge a customer service fee. Instead, we will receive a fee from the underlying third party bank where your money is deposited or will retain the difference (if any) between the interest received from the third party bank and the amounts paid on your product. The interest rate you see in the app is the interest rate you’ll receive. • We use bank level 256-bit TLS encryption for all your personal information. • Registered address: Moneybox 1-2 Hatfields, London SE1 9PG. Ready to get started? Install Moneybox now.
Highest interest rate is still under 5% !
The savings products on there are under 5% I get more than that on my chase account so there’s no point in me using it!
Incorrect totals
Latest version doesn’t seem to show round ups correctly.. the total doesn’t increase ?
Displays well but can’t find how to withdraw money
The app is quite good but could be better. For instance I opened a simple saver account and changed the weekly deposits to zero. Went on it the next day and said it was making a deposit from my current account of £1.025 in 3 days time. If I had not gone on again I would of been overdrawn in my current account. I had to change it again to zero. I also then thought if that did happen how can I return some money back. So far I can’t find how to withdraw any money if ever I need to.
Access and understanding
Very straightforward, very professional and covers everything financially
Not of to a great start
App would not allow me to complete the setup. You complete the application for it to tell you to check your emails as it needs further information. You check your emails follow the instructions, click the link just for it to take you back into the same screen with the instructions to check your emails. At one point it prompted information confidential information via e-mail which I did not trust and attempted to call them to verify the email was authentic. No reply. It has been this way for weeks, despite numerous unanswered phone calls. I tried the In-App chat and got a reply few hour later, immediately went to open the chat to respond and it crashed. The App did not keep any chat history or anything. Even now writing this review 2 months later I keep getting notifications to finish the application and it’s just takes me to a summary page instruction to wait for further instructions by email. This may not be the case with everyone as the overall rating seem decent but it has clearly be opposite experience for me unfortunately. Not sure now days why it’s so hard just to speak with someone over the phone.
Need to fix bugs
The integrations with other banking apps e.g to add money, don’t work so you’re left in limbo not knowing if a payment has gone through or not. Contacted help and no one got back to me. Also the navigation of the app is unintuitive and slow to load.
Disappointed
Wouldn’t recommend. Issues with payments taken via Direct Debit and taking up to a week to show in account. Changed payment to £0 but still tried to take money, luckily my online banking notified me so I could cancel and stop but if it’s set to take £0 it should take £0. Looking at other reviews I’m not alone. I’d stick with mainstream banking.
May 27, 2024
May 27, 2024
May 27, 2024
In our latest version, we’ve made some under the hood improvements to keep the Moneybox app running smoothly.
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