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Kirstie Kennedy

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Review of the Moneybox app, Lifetime ISA:

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Marvellous Moneybox

I’ve always had a dream of buying my first home but never knew where to save my money. I first came across moneybox when researching the best LISA’s online. Moneybox is so straight forward! You can put in up to £4000 each year and you’ll also receive a £1000 government bonus as well as interest on the money you put in. This can be deposited however you like; in one lump sum, as a payday boost, a weekly deposit or even daily! The app is so easy and efficient, I’ve managed to save £10,000 in just 2 years snd me and my partner and just been accepted on a house offer. I particularly liked how you couldn't access the money for a year and how the 25% government penalty applied for withdrawing thereafter. This gave me the motivation to save more and budget. As well as this, if you do have any queries or concerns the monebox helpers are so prompt and efficient. I’ve Recommended Moneybox to so many of my friends and now all of them are using it. It’s so helpful in the current financial climate and I am so grateful that I decided to open up an account 2 years ago. Reviewed on: 12th April 2023

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