Write a review

Moneybox app: Savings Accounts reviews

Name: Savings Accounts
Rating: 4.95 (852 reviews)

View other Moneybox app products

4.95

Based on 852 reviews, last reviewed 10th Oct 2024

50% decrease in 5 star reviews

in the past 90 days

No new 1 star reviews

in the past 90 days

97%

2 star

Latest highest rating:

5

I love the Moneybox app. I love the Moneybox app. My younger brother told me about it and I have used a lot of their products to build my savings and investment portfolios. I... Read more Reviewed on: 10th October 2024

Latest lowest rating:

1

Slow moving money takes an eternity... very slow to deposit and withdraw investments Reviewed on: 27th March 2023

Read all reviews See your review

About this product

Moneybox offer a range of savings accounts.

The Moneybox Simple Saver account can be opened with £1 and you can make withdrawals with one day notice. Moneybox also offer a 32-day notice or 95-day notice account. You can deposit up to £85,000 in any of the Moneybox savings accounts and there’s no account fees or charges.

Moneybox savings account reviews help you find out what it’s really like to be a customer. If you’ve used Moneybox before, you can also leave a review and share your experience.

Moneybox app Savings Accounts reviews (852)

Review of the Moneybox app, Savings Accounts:

Ok rate

Not bad rate for 120 day notice Reviewed on: 14th March 2023

I love the Moneybox app.

I love the Moneybox app. My younger brother told me about it and I have used a lot of their products to build my savings and investment portfolios. I will likely get a personal pension fund going soon too. So easy to use and weekly savings and options to add a one-off boost helped give me more emergency savings and overall investment. Reviewed on: 10th October 2024

Overall great app, but has some annoying quirks

Overall MoneyBox is a really good app, and has good rates on fixed products. I'm not an expert investor, but I did reasonably well on the investment side too based on their recommendations. But sadly you can't close their accounts. This means that you'll never get any new bonus rates. The interest earned doesn't scale when you make withdrawals, so it looks like you've made 200% on £0. I've asked customer support several times if there's any way to fix these issues, but it's a no. You have to fully leave all their accounts before they can delete you, and you can start with a clean slate. Though you account number is your NI number, so it's not clear if I will be able to rejoin. I don't know if that works with GDPR. I've never had a bank (or other service) where you can't close your account... Reviewed on: 4th September 2024

It’s so much easier to save with weekly deposits and...

It’s so much easier to save with weekly deposits and cash round-ups. Reviewed on: 4th September 2024

A simple to use App.

A simple to use App. Excellent customer advice and a good interest rate. I can vary amounts that I want to deposit according to funds. Very user friendly Reviewed on: 24th August 2024

Great way to reach saving goals

Moneybox is a great way to start your savings journey. There are helpful tools such as weekly deposits and payment round-ups which helps you to achieve your short-term and long-term goals without realising. It’s easy to access your account and withdraw your money, limited to one withdrawal per month which helps towards your saving goals too. Moneybox also shares useful insights to help money go further and saving tips. Thank you - so happy to have found this App. Reviewed on: 28th May 2024

For the first time I have been able to save, money.

For the first time I have been able to save, money always burnt a hole in my pockets. By linking MoneyBox to my bank account and rounding up my purchases, I managed to save and it was a painless process. Reviewed on: 25th May 2024

Great app and people who care behind it, making cont...

Great app and people who care behind it, making contact to check things are ok? Reviewed on: 15th April 2024

Great interest, great security

Much better interest rates than I've found elsewhere. Accounts are both secure and easy to manage. Much less complicated than apps with traditional banks. Reviewed on: 11th April 2024

An excellent tool for saving

I had money just sat in my general banking savings account, and it was doing nothing. I chose to put it all into a rewards saving account and before I knew it, I’d earned close to £200 in interest! Great app, I also use the LISA and love the visual encouragement it gives users. Reviewed on: 10th April 2024

Excellent app and service from Moneybox.

Excellent app and service from Moneybox. Simple to use, easy to understand and straightforward to contact someone when you need assistance Reviewed on: 31st March 2024

Do you have a different Moneybox app product?

Share your experiences with products to help others make smarter financial decisions and learn more about different products available. Write a review

There's still more to see!

Moneybox app has a range of products available. Check the ratings of each product to find the right one for you. View all products

Join Smart Money People

Keep up to date on ratings of your favourite businesses. Find out about our awards and write new reviews with ease

Create an account

News, guides and insight from our team

View resource hub