iPhone Screenshots

Description

Moneybox is the simple way to save and invest. Round up your card purchases to the nearest pound and invest the spare change into thousands of leading companies such as Netflix, Unilever and Disney via three tracker funds. Sign up in minutes and get started with just £1.

* Winner of The Techies FinTech Innovator of the Year 2017. We won this award for creating an app which helps to make major improvements to existing financial processes using technology, significantly improving the way people manage their finances.

* Featured by BBC, ITV, TechCrunch, The Times, The Telegraph, The Financial Times, The Daily Mail, Fortune Magazine, This is Money, Citywire, Tech City News, The Evening Standard. *

Make saving part of your everyday life

• Moneybox helps you to save as you spend by enabling you to round up your everyday card purchases to the nearest pound e.g. when you buy a coffee for £2.40, you can choose to ‘round up’ to £3 and set aside the 60p to invest.
• You can also set up regular Weekly deposit, a Payday boost or make One-off deposits into your Moneybox.

Investing made easy

• Investing can be a great way to grow your money, and can offer higher returns in the long term than current or savings accounts.
• We've worked with experts to put together three simple starting options – cautious, balanced and adventurous. All you need to do is pick one!
• The option you choose determines how your savings are split between three tracker funds – a cash fund, a global shares fund and a property shares fund. Via these funds, you can invest into thousands of leading companies from around the world including Apple, Facebook, Netflix and Disney.
• Your investments are held within a Lifetime ISA, Stocks & Shares ISA or General Investment Account (GIA).

It is important to bear in mind that there is risk involved in investing. The value of your investments will rise and fall at times and you could get back less than you invest. Please note a 25% government early withdrawal charge may apply to the Lifetime ISA.

Stay informed and up to date

• In the Discover tab, you’ll find analysis of your savings, featured stories and even a Time Machine to help you journey into the future…

Affordable for everyone

• Our fees are structured to make it possible for you to invest little and often.
• We charge a monthly subscription fee of £1 and an annual platform fee of 0.45% of the value of your investments per year. To help you get started, we do not charge the subscription fee for the first three months.

Peace of mind

• Moneybox is authorised and regulated by the Financial Conduct Authority with reference number 712935.
• Your investments are covered by the UK government’s Financial Services Compensation Scheme in the unlikely event that a fund provider is declared bankrupt.
• We use bank level 256-bit TLS encryption for all your personal information.

Ready to get started? Install Moneybox for free today.

Please note that the app is not optimised for iPad or iPhone 4. Whilst you can still use the app (with iOS 9 or above), the experience may not be optimal.

If you have any questions or would like to find out more, please get in touch using support@moneyboxapp.com - we’d love to hear from you!

What's New

Version 4.9

- Got a question? Looking for more information about investing with Moneybox? Check out the brand new Help section in the Settings tab!
- Improved onboarding process for new customers
- Slick new animation on the This week tab
- General bug fixes and improvements

Ratings and Reviews

3.9 out of 5

434 Ratings

434 Ratings

Editors' Notes

Get smart with spare change.

Good idea, not easy to grasp

_Davies

What a great easy idea. Swipe and round up spending on your card as if you save all your pocket change with real cash. Then it becomes annoying. You’ll have o keep an eye on this app everyday, plus your account. On Wednesday you’ll be told to make sure the money is in your account as it will be debited. But it actually won’t be devoted that day. The bank will be notified the next day Thursday. The you’ll live the whole weekend on your card. But the money won’t even be attempted to be taken out the following MONDAY. What happens, we’ll you have to keep the money you’ve saved, ‘saved’ in your account for a further week. The repeat this EVERYWEEK. If you’re 1p out of the limit, you’ll miss that investment. Like this, it’s painful, unhelpful and actually it’s easier if you do this all yourself. Moneybox will inspire you to save, but you’ll realise it’s more reliable to open your own savings and invest yourself. Until you speed up and simplify the debits, we’re doing all the work! Frustrating.

Developer Response

Hi there, we're glad to hear you like the idea!

For the services that we offer, I'm afraid that we're reliant on current banking systems, which means the best way to provide a regular drip-feed into your investments (a method championed by Warren Buffett) is by providing the weekly collection.

Instant Direct Debit and DD microtransactions are both being tested in Singapore, so fingers crossed, this will be available in the UK for us to offer soon. We are looking into the steps we can take to speed up the process where we can.

If you have any questions please do get in touch!

Wicked idea.

T-BONE-BORIS

So all in all I really like this app and the idea. My only issue is the fluidity between getting the deposits in and out and back into your ‘traditional’ bank account. My other main issue is I want to be able to see on one page exactly how much I have deposited since I actually began using the app, also how much I am gaining/losing over that period of time. Instead of a graph showing growth via a time line along side the fact the graph literally MUST go up due to my weekly deposits, this so always appearing that you are gaining on your investments at a rapid rate, when in actual fact you can’t see the discrepancy’s accurately. I feel this is visually completely set up to look like you are constantly hitting big gains when in actual fact these are simply the deposits you are making. Really love the idea guys and would happily give a better rating seeing some of the improvements I’ve mentioned. At the moment I’m considering getting an isa with my bank.

Developer Response

Hi Boris

Thanks for your review! The graph is indeed based on contributions at the moment. We're working on a redesign to better explain the information you're hoping for- it should be included in a future update, coming soon!

We're also looking at making the information on the Investments tab easier to digest, which will make it more straightforward to understand how much has been contributed so far, which funds are currently pending, and more!

We're not set up for regular withdrawals, as it takes up to ten business days to sell down your shares across three funds, reconcile the proceeds and send them back to your account. For those seeking easy access to their investments, it may be worth considering if Moneybox is the correct option.

Please let us know if you have any questions at all via an email to support@moneyboxapp.com - the team would be happy to chat through any suggestions or concerns you may have.

Information

Seller
Digital Moneybox Limited
Size
78.2 MB
Category
Finance
Compatibility
Requires iOS 9.0 or later. Compatible with iPhone, iPad and iPod touch.
Languages
English
Age Rating
Rated 4+
Copyright
© 2016 Digital Moneybox Ltd
Price
Free

Supports

  • Family Sharing

    Up to six family members will be able to use this app with Family Sharing enabled.

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