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What savings accounts does Moneybox offer?
What savings accounts does Moneybox offer?
Brandon avatar
Written by Brandon
Updated over a week ago

We currently offer two types of savings products - regular access and Notice Accounts. With Notice Accounts, you need to give us notice before you take your money out, and in exchange these tend to offer higher interest rates compared to the regular access savings products.

We offer a 32 Day Notice Account and a 95 Day Notice Account. Depending on which account you choose, you’ll need to give either 32 days or 95 days notice to make a withdrawal. Once you request a withdrawal in the app, after your notice period has passed, you will receive your funds the next working day.

Our 32 Day Notice Account has a rate of 4.66% AER (variable), and is powered by Investec. Our 95 Day Notice Account is also powered by Investec, and has a rate of 4.96% AER (variable).

We also offer an account without a notice period - the Simple Saver. Any withdrawals made from this account are paid the next available working day, however you are limited to one withdrawal per calendar month. This account is also powered by Santander International and currently offers a rate of 4.00% AER (variable). You can also earn an additional reward rate of 1% (variable) on your Simple Saver - check our website here to see whether you qualify for this reward rate.

All of our cash savings accounts are also fully FSCS protected for up to £85,000. Please note that this limit is per bank, meaning any other savings you hold with the same partner banks mentioned above will also count towards this £85,000 limit.

Information on our Cash ISA can be found in the ISA/GIA section of our help centre.

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