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Moneybox app reviews

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Rated Excellent 4.95/5

Moneybox app reviews

Verified business
Last reviewed within 14 days

Review summary

People rate this company as Excellent based on 7,634 product reviews

Average score of 4.95/5
5 star
96%
4 star
4%
3 star
0%
2 star
0%
1 star
0%
Reviews for Moneybox app have trended negatively over the past 90 days

Latest positive rating

5/5

Great app.

Great app. Intuitive to use with excellent additional features. Consistently competitive rate. Recommended.

{"display":"Keith","full_name":"Keith","avatar":{"url":"\/assets\/images\/default_new.png"}}'s avatar
Cash ISA
Keith 5th December 2024

Latest negative rating

2/5

Feels expensive

Very high fees. Put 100£ in various etfs to test the waters. 15£+ per year charges per ETF. That is a 15% charge per year... Very high fees. Put 100£ in various etfs to test the waters. 15£+ per year charges per ETF. That is a 15% charge per year for small ammounts of money. For 2000£ i was charged 2.4£ a month so not too bad but that would amount to 28+£ a year. Bottom line..feels kind of expensive Read more Read less

About Moneybox app

Moneybox is an award-winning app with more than one million UK customers.

Launched in 2016, their round-ups feature helped people start investing with their spare change.

Today, the app has brought saving, investing, home-buying and retirements services into the app. Moneybox also have a range of free tools and educational content.

Moneybox app at a glance

Reviews for Moneybox app

Showing 11 of 7634 company reviews Last reviewed within 14 days

Great app.

Cash ISA 5th December 2024

Great app. Intuitive to use with excellent additional features. Consistently competitive rate. Recommended.

Rated Excellent 5/5
Read more product reviews

Moneybox Lifetime ISA

Lifetime ISA 3rd December 2024

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... 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. Read more Read less

Rated Good 4/5
Read more product reviews
  • 4/5

    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.

    {"display":"Douglas B","full_name":"Douglas B","avatar":{"url":"\/assets\/images\/default_new.png"}}'s avatar
    Lifetime ISA
    Douglas B 23rd November 2024
  • 4/5

    Very helpful

    Very friendly customer service - somethings weren’t too clear in terms of logistics of receiving money but the team were super helpful

    {"display":"Jessica K","full_name":"Jessica K","avatar":{"url":"\/assets\/images\/default_new.png"}}'s avatar
    Lifetime ISA
    Jessica K 14th October 2024
  • 5/5

    Easy to invest with

    Easy to invest with and extrenmely helpful if and when you have a query or question

  • 5/5

    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... 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. Read more Read less

  • 5/5

    Fire and forget personal finances

    I signed up set my preference and generally just forget it because I'm comfortable that my money is in good hands. Fees are little expensive... I signed up set my preference and generally just forget it because I'm comfortable that my money is in good hands. Fees are little expensive but over time as I invest more this should even out. Overall a well designed easy to use service that gives me piece of mind. Read more Read less

  • 5/5

    A fantastic app delivered by a great company.

    A fantastic app delivered by a great company. I've been with MoneyBox for a few years now and it's just been the perfect company to... A fantastic app delivered by a great company. I've been with MoneyBox for a few years now and it's just been the perfect company to start investing with. The app interface is simple and easy to use. Connected up my accounts and I just leave it to grow. No quibble for withdrawals either. If you've got investments in stocks and shares it can take a bit of time to receive it so you may need to consider that. Bar that, a trusted and reputable company that are growing from strength to strength. Get involved. Read more Read less

    {"display":"Phillip Nduoyo","full_name":"Phillip Nduoyo","avatar":{"url":"\/assets\/uploads\/avatars\/users\/644723.png"}}'s avatar
    Cash ISA
    Phillip Nduoyo 9th September 2024
  • 3/5

    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... 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... Read more Read less

    {"display":"Richard P","full_name":"Richard P","avatar":{"url":"\/assets\/images\/default_new.png"}}'s avatar
    Savings Accounts
    Richard P 4th September 2024
  • 5/5

    They made it so easy to transfer my private pension...

    They made it so easy to transfer my private pension to the moneybox pension Great communication all the way and without delays I didn't realise... They made it so easy to transfer my private pension to the moneybox pension Great communication all the way and without delays I didn't realise it would be easy to see my pension grow or to add to it at any stage after it was completed. A1 customer services and treated me like an individual. Thank you so much for making one or two things in life less difficult :) Read more Read less

    {"display":"Iain  Fisher","full_name":"Iain  Fisher","avatar":{"url":"\/assets\/images\/default_new.png"}}'s avatar
    Personal Pension
    Iain Fisher 4th September 2024
  • 5/5

    Good app with solid products

    Good app with decent features and the products available are/were competitive.

    {"display":"Chris","full_name":"Chris","avatar":{"url":"\/assets\/images\/default_new.png"}}'s avatar
    Cash ISA
    Chris 4th September 2024

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