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Moneybox app: Lifetime ISA reviews

Name: Lifetime ISA
Rating: 4.96 (4241 reviews)

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4.95

Based on 4,241 reviews, last reviewed 3rd Dec 2024

100% decrease in 5 star reviews

in the past 90 days

No new 1 star reviews

in the past 90 days

96%

2 star

Latest highest rating:

4

Moneybox Lifetime ISA The Moneybox app is super easy to use when it comes to depositing funds and managing your accounts, but it goes a step further by providing guides and... Read more Reviewed on: 3rd December 2024

Latest lowest rating:

1

Less interest rate which is only half of the inflati... Less interest rate which is only half of the inflation rate. Caused me to erode my savings. Reviewed on: 27th March 2024

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About this product

Moneybox offers a Lifetime ISA via a partnership with Oaknorth, a UK regulated bank. If you've jumped on board with this Lifetime ISA, please share your review today on Smart Money People.

Moneybox app Lifetime ISA reviews (4241)

Review of the Moneybox app, Lifetime ISA:

Moneybox Lifetime ISA

The Moneybox app is super easy to use when it comes to depositing funds and managing your accounts, but it goes a step further by providing guides and resources to help with the process of buying a home. The wealth chart on the Lifetime ISA is a great motivator as it helps to visualise progression towards your goal, and there's an option to add a house buying partner to the 'housemates savings' section to see your combined savings total. You can set up a direct debit to deposit funds weekly or monthly which is handy if you want to get into the habit of regular saving, although it's not necessary if you prefer to deposit as-and-when; the app allows for this, but you will still need an active direct debit instruction between Moneybox and your paying bank, which seems a bit odd at first. The interest rate has recently come down to 3.8% - not fantastic, but the 25% government bonus on your deposits means it's absolutely worth considering if you're looking to buy your first home. Moneybox is a great choice for this ISA if you're happy to move away from the bricks-and-mortar banks. Reviewed on: 3rd December 2024

Brilliant Moneybox App

I love the Lifetime ISA, Moneybox make it very clear and easy to use, with all the information you need easily accessible. The app is brilliant, everything works perfectly and no glitches. Communications from Moneybox are always helpful and interesting, and I feel secure banking with them. Reviewed on: 24th May 2024

great app, great rates, very easy

great app, great rates, very easy Reviewed on: 24th May 2024

I love moneybox

It’s so easy to set up and to use. It helps give you the motivation to save money with helpful prompts and options like rounding up payments. Everyone I’ve spoken to in the support team have always been quick to reply and always very friendly. Reviewed on: 24th May 2024

Very easy to set up and use.

Very easy to set up and use. Easy to find out the breakdown of your deposits, interest and bonus. Good information pages related to mortgages. Haven't had any problems. Reviewed on: 24th May 2024

Brilliant incentive

Brilliant incentive for giving you an extra £1000 a year if you contribute £4000 each year. Reviewed on: 24th May 2024

Good app, lots of info and advice.

Good app, lots of info and advice. Reviewed on: 24th May 2024

Saving tools

Very easy saving app ,I use it to help build to gain a house in the future Reviewed on: 24th May 2024

Couldn’t recommend more!

I chose to use the moneybox app for setting up a lifetime isa and the experience has been amazing. The app is easy to navigate, very user friendly and has so many great tools that have made a real difference on the road to my first time home buying experience. I would recommend moneybox to anyone looking to save for their house deposit and wanting support in the steps following that too with mortgage support also available in the app. Reviewed on: 24th May 2024

Saving for a deposit and investing made easy.

Saving for a deposit and investing made easy. Simple design and user interface but could do with a bit more on the details side of things in terms of shares stars. Accumulated dividends not super obvious. Reviewed on: 24th May 2024

the best company ive ever been a customer to

the best company ive ever been a customer to. The in-app customer service is always so quick and helpful really incredible. The account is so amazing!:) Reviewed on: 23rd May 2024

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