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Moneybox app: Lifetime ISA reviews

Name: Lifetime ISA
Rating: 4.96 (4240 reviews)

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4.95

Based on 4,240 reviews, last reviewed 23rd Nov 2024

75% 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

Offer a competitive interest rate. Offer a competitive interest rate. Communication is good and informative. Having to set up a direct debit to deposit money is a bit strange though. Reviewed on: 23rd November 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 (4240)

Review of the Moneybox app, Lifetime ISA:

Moneybox Cash LISA

LISAs have a good return so if you're eligible and can put away some money until you're 60 I'd recommend Reviewed on: 5th March 2023

Moneybox for the win!

As someone who describes themselves as ‘terrible with money’ they have made learning about their products incredibly accessible and easy to understand. They’ve also answered my questions in a timely manner whenever I’ve had any worries or concerns, and they generally are a very helpful bunch! Reviewed on: 10th April 2024

Quick and easy way of saving.

Quick and easy way of saving. Moneybox has made saving less scary Reviewed on: 10th April 2024

Amazing app, easy to use, good for beginners who wan...

Amazing app, easy to use, good for beginners who want to learn about saving and investing Reviewed on: 10th April 2024

Simple, helpful service.

Simple, helpful service. Very quick to respond with an app which is brilliant for being able to easily see how your savings are going, aswell as the next date for the government bonus. Reviewed on: 10th April 2024

Lifetime ISA

Great way to save for the future, and even get an additional interest bonus on top. Reviewed on: 10th April 2024

LISA Saving couldn't be easier!

I have been saving with Moneybox for over 3 years now with the Lifetime ISA and it couldn't be made easier. I feel like they are on my side, encouraging me to save, providing mortgage support etc. Only downside I would say is that after the initial promotional rate, it no longer becomes market leading and no incentive to stick with it. Reviewed on: 10th April 2024

Moneybox app was excellent, and help us buy our firs...

Moneybox app was excellent, and help us buy our first house. Reviewed on: 10th April 2024

Could be better

It is good that you cannot buy individual stocks in the Moneybox LISA instead there are a choice of funds to spread the risk. However, the range of funds are limited and Moneybox has some hidden fees by applying a fund markup. Reviewed on: 10th April 2024

I've invested the full amount and it seems to be int...

I've invested the full amount and it seems to be introducing new etfs whilst keeping a simplified ui for new investors Reviewed on: 10th April 2024

It’s a great experience investing with Moneybox!

It’s a great experience to invest with Moneybox as I have been with Moneybox for almost 3 years now and I am using this app for buying my first home in 2026. It’s also giving me a good interest and i love seeing my money grow year by year. This way I don’t have to worry too much about my home deposit and also save up for my house and get that extra 25% from the govt. Reviewed on: 9th April 2024

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