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Review of the Moneybox app, Lifetime ISA:
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Easiest and most helpful way to save

5
I joined Moneybox after a recommendation a few years ago. I was never good with money and didn’t understand a lot of topics under savings and other financial investments. Moneybox has completely changed the way I approach my money and my future savings and spendings. Their app makes it so easy to find out more information in a simple way for a regular person who may not have the right knowledge when wanting to invest their money. I opened up a lifetime Isa around 2 years ago. I couldn’t believe the bonus that was offered from Moneybox. Over the first year I put £4000 into my lifetime Isa and Moneybox contributed £1000 plus interest which is unbelievable to those trying to save for their first home. That in itself made me want to see what other accounts I could open with Moneybox. I also opened a savings account and the interest rates are great. I had held off of opening a saving account with other banks purely as I didn’t have the right information to help me do that. Moneybox talks you through the steps and you are able to put in money automatically weekly so you don’t have to keep worrying about transferring it. Moneybox also sends regular emails and communication to keep customers involved in what is happening financially that week or if there has been any changes to the account. I find Moneybox the easiest form of banking I have ever used and would recommend it to people who are just starting to save money and are looking to buy a property and also to those who are slightly older and have already got a home and would like to use it for savings or stocks and shares. Reviewed on: 8th February 2023

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