Save and get 0.76% AER with our 120 Day Notice Savings Account
Work towards your shorter-term goals and get 0.76% AER variable with our 120 Day Notice Savings Account. Open an account with as little as £1.
This account has a 120 day notice period. This means that when you make a withdrawal request, the money will be available after 120 days.
Download the app and start saving now.
Boost your savings
- Set aside your savings and work towards your shorter-term goals. Get 0.76% AER variable on your savings with the Moneybox 120 Day Notice Account.
- No account fees on your savings.
- Open an account in minutes and deposit up to £85,000.
What else should I know?
- This savings account is powered by our partner Charter Savings Bank. Charter Savings Bank is covered by the Financial Services Compensation Scheme, so your savings are protected up to £85,000.
- This product has a 120 day notice period. When you make a withdrawal, we receive the money from Charter Savings Bank 120 days later and then transfer it to your nominated bank account.
- Interest is calculated daily and paid into your account each month. We will keep you updated of any changes to the interest rate.
- AER (annual equivalent rate) is the rate you will earn after a year, including compounding. The interest rate may change.
Award-winning app
Recognised by the industry and our customers.
Best Money
App
Best for
Beginners
Digital Wealth
Management Provider
Digital Wealth
Manager
Join our community
So far we’ve helped over 600,000 people save and invest for their future. Ready to join us?
Summary Box
Moneybox 120 Day Notice Account
- 0.76% AER variable.
- Interest is earned daily and paid on the 1st day of each month, rounded down to the nearest penny.
- Yes – the interest rate is variable, so it can go up or down
- We will inform you as soon as possible, via the Moneybox App, and by email of any change to the interest rate
- The estimated balance after 12 months would be £1,007.60
- This assumes that:
-
- The account is opened with £1,000
-
- No further deposits or withdrawals are made
-
- The interest stays the same for the full 12 months
- The account is available to UK residents aged 18 or more
- You may only open and manage the account via the Moneybox App
- You may only make payments into the account via the Direct Debit arrangements managed via the Moneybox App
- Joint accounts are not allowed
- You can request to withdraw cash at any time via the Moneybox App
- On the Business Day after receipt of your withdrawal instruction we will request the return of your money
- We will receive the money on the Business Day after the 120 day notice period has elapsed and will return the money to your nominated bank account within one Business Day
- Your money will continue to earn interest until it is returned to us as above
- You will not earn any further interest on money after it has been returned to us or while it is sent to you
Questions & answers
If you have any questions, please chat to us in the app or email us via
support@moneyboxapp.com.
How can I pay into my savings account?
Payments into all of our savings accounts are made from your direct debit linked current account. The 95 Day…
How does depositing work?
We collect your ‘Saved this week’ total on Wednesday at midday, then debit this from your bank account via…
What happens when I want to withdraw from my savings account?
Withdrawals can be requested in-app (Settings > Withdraw). For our Simple Saver, we’ll send your funds to your bank…
Safety and transparency
Covered by the FSCS
Covered by the FSCS This savings account is powered by our partner Charter Savings Bank. Charter Savings Bank is covered by the Financial Services Compensation Scheme so your savings are protected up to £85,000.
Bank level encryption
Bank level encryption We use 256-bit TLS encryption for all your personal information and will never share any of your details with third parties without your consent.
We're here to help
We're here to help If you have any questions, you can chat to us in the app or email us via support@moneyboxapp.com.
It's important you know
All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest.
