Skip to main content
All CollectionsRegistrationPaying in
How much money should I add?
How much money should I add?

Things to consider if you aren't sure how much to add to your Moneybox account.

Alex avatar
Written by Alex
Updated over a week ago

This is completely up to you - you are in control of how much you would to like to set aside! You can get started with a one-off deposit of as little as £1, and/or a weekly deposit of just £2. For our Cash ISA only, the minimum first deposit is £500.

Regular deposits help make saving a habit; the average customer contributes around £20 per week through a combination of payment methods 💪 Think about how much you can afford to set aside and remember that for our investment accounts (ISA, Stocks & Shares LISA, and GIA), investing should be for the long term (at least 3-5 years).

For our notice accounts, withdrawals have a notice period once initiated in-app, so you should only add funds to the account you’re sure you won’t need to access immediately. We also offer a regular access savings account - the Simple Saver. With this account, you can make up to one withdrawal per calendar month, and any withdrawals are paid out to your bank account on the next available working day.

Any payment settings enabled during registration can be adjusted in-app once registration is complete.

Did this answer your question?