Moneybox - Save and Invest

Editor's Review

💰🏠🚀 Ready to grow your money and achieve your financial goals? Look no further! Moneybox is here to help you turn your money into something greater. Whether you're saving for your first home, planning for retirement, or just looking to invest, Moneybox has the tools and options you need. With as little as £1, you can start investing and watch your money grow! 🎉

Diverse Accounts for Every Need

Moneybox offers a range of accounts tailored to your unique financial goals:

• Stocks and Shares ISA: Invest in thousands of leading companies.
• Lifetime ISA: Save for your first home with a 25% government bonus.
• Junior ISAs: Secure your children's financial future.
• Personal Pension: Build a retirement fund worth waiting for.
• Savings Accounts: Achieve various financial goals with ease.

Plus, utilize handy tools like the Lifetime ISA Calculator and ISA Time Machine to plan your future effectively! 🛠️

Effortless Saving and Investing

Make saving a seamless part of your daily life with these features:

• Automatic Savings: Set up weekly deposits or monthly boosts.
• Round-Ups: Round up everyday purchases and save the spare change – turn that £2.40 coffee into a saving!
• One-Off Deposits: Make deposits whenever you like.

Grow Your Money Through Investing

Investing has never been easier! Moneybox offers:

• Simple Starting Options: Choose from cautious, balanced, or adventurous investment paths.
• Diverse Funds: Invest in leading companies like Facebook, Netflix, and Disney through tracker funds.
• Socially Responsible Options: Invest in companies that consider environmental, social, and governance factors.

Your investments are held within a Stocks & Shares ISA, Lifetime ISA, or General Investment Account (GIA). Remember, investing is a long-term endeavor, and the value of your investments can fluctuate. 📈📉

Find and Combine Old Pensions

Our Pension Detectives will help you track down and combine your old workplace pensions into one simple pot, making retirement planning a breeze! 🕵️‍♀️👵👴

Buy Your First Home with Ease

Take advantage of these benefits:

• Cash Lifetime ISA: Save up to £4,000 per year and get a 25% government bonus, earning up to £1,000 a year towards your first home!
• Free Mortgage Advice: Browse over 90 lenders and find a mortgage that’s right for you.

Trusted and Transparent

Moneybox is authorized and regulated by the Financial Conduct Authority, ensuring your savings and investments are secure. Your funds are protected by the UK government’s Financial Services Compensation Scheme up to £85,000. 🛡️

Fees and Charges

We believe in transparency:

• Just £1 a month and 0.45% of the value of your investments per year.
• Fund provider costs range from 0.12%-0.30%.
• No subscription fee for the first three months.
• No account fees for the Cash Lifetime ISA.

Bank-level 256-bit TLS encryption protects all your personal information. 🔒

Features

• Stocks and Shares ISA for long-term investing

• Lifetime ISA with government bonus for first home

• Junior ISAs for children's future savings

• Personal Pension to build a retirement fund

• Savings accounts for various financial goals

• Lifetime ISA Calculator for financial planning

• Round-up everyday purchases to save spare change

• Socially responsible investment options available

Pros

• Simple starting options with investments from £1

• Market-leading Lifetime ISA for first-time home buyers

• Free Mortgage Advice with a wide range of lenders

• Pension Detectives to find and combine old pensions

• Award-winning customer support for assistance

• Round-up feature to save spare change automatically

Cons

• Investment values can fluctuate, risk of losing money

• Early withdrawal charges may apply to Lifetime ISA