Any payments you make into your Moneybox account are debited from your linked bank account, which must be a UK current account held in your name. You can pay in up to £85,000 total into each account, which is also the maximum amount which can be deposited at once.

You can add funds to any of our savings accounts via our weekly payment cycle. Any funds you add to your upcoming collection in the Home tab are ‘collected’ from your Moneybox account on Wednesday, then debited from your linked bank account on Monday, and added to your balance on Tuesday evening. You can just make one-off deposits or you can add recurring payments, and your payment settings can be changed in the Settings tab of the app at any time 👍

For our Simple Saver, you can deposit £100 or more instantly via an instant bank transfer in Accounts > Simple Saver > Add money. You’ll be redirected to your bank to authorise the payment, and once processed you’ll see the funds added to your balance within minutes (please note this can, on occasion, take up to 24 hours). You’ll then begin earning interest the next working day.