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Moneybox app: Lifetime ISA reviews

4.95
Based on 4,240 reviews, last reviewed 3rd Dec 2024
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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
Catrina C's avatar
Catrina C

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
Abraham Joseph's avatar
Abraham Joseph

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 Lifetime ISA

4
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

Moneybox offer great customer service

5
I’ve always had a really good experience with Moneybox. The app is really user friendly making deposits easy, quick and simple. If ever you need to reach someone, they have a handy in app feature to speak to a real person rather than a chatbot. Reviewed on: 9th April 2024

Good app

5
The app is very easy to use. The different accounts types, and products range are wide enough to get the most out of your investment Reviewed on: 9th April 2024

Great service and easy way to save money

5
Great service and easy way to save money Reviewed on: 8th April 2024

Simple and easy to use

5
Simple and easy to use, people of all abilities would be able to use the app with ease. It was quick to set up my account and my LISA, a d they keep me informed of how my money is doing It is also really easy to put extra money in and set up a standing order. Reviewed on: 8th April 2024

High Quality App very simple and friendly

5
Have been with them a while now and I'm glad they introduced a few more etfs, the ui is very clean and they have once again made it even more streamline with a overall page which is helpful and friendly to new investors. Reviewed on: 8th April 2024

Clarity of Moneybox

5
The moneybox app is laid out so clearly so I can access everything to do with my LISA without trouble. It displays the breakdown of my money and this makes me feel safe in knowing where my money is and I am glad I have something to help me grow my money for the future Reviewed on: 7th April 2024

Easy to navigate their app, really like the options...

5
Easy to navigate their app, really like the options of lump sum one off or debit collecting monthly etc Reviewed on: 6th April 2024

User friendly.

5
User friendly. Useful savings tool Reviewed on: 6th April 2024

Excellent products

5
Very easy to navigate the app, I have learnt lots about saving with all their useful videos and tips. They are always launching new products and I feel my money is well invested with them. So glad I found them! I started with a LISA and now use their stocks and shares isa alongside their great savings accounts. The app is super easy to navigate and they always update you with useful statistics and visuals on all of your savings and products. I will continue to use and invest in Moneybox! Reviewed on: 4th April 2024

Excellent.

5
Excellent. Easy to use app, many different options Reviewed on: 4th April 2024

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