The April Round Up
April continued to be an uncertain month for many. We understand the impacts of the current situation on people’s lives have been varied, and we hope during the past month we’ve been able to provide you with the relevant tools and information you need to make the right saving and investing decisions for your future. As always, we’ll continue to listen to you, our community, and help whenever we can. You can stay up to date with our latest blog articles in the Discover tab of the app, 📲 and while our team continues to follow official guidelines and work from home, as a digital company we remain online and are still here to help with any queries you have.
In addition to focusing on the current climate, we’ve been proud to be able to continue with our pre-lockdown product roadmaps and activities, and in April we were excited to announce that Moneybox signed the UN Climate Neutral Now Initiative and is now a carbon neutral company! 🌍 This project saw us map our carbon footprint, understand where our emissions are coming from and offset these by supporting United Nations accredited projects from around the globe.
Becoming carbon neutral and the first UK fintech to sign the initiative, is something we’re really proud to have achieved. Over the last few months, where countries across the world have been social distancing, we’ve seen the impact our behaviour is having on the planet, and how responsible, proactive actions can really make a difference. We always strive to be completely transparent with you about the choices we make as a business and our carbon footprint is no different. You can read all about our project, pledge and what this means for you in our blog – Making Moneybox carbon neutral.
We are also keen to understand how we could help you offset your carbon footprint. 👣 Earlier this week, we asked a number of you what you would like us to explore next. Your top responses were – Estimate your carbon footprint from your round up data and allow you to offset yourself, and Launch more socially responsible funds. Thank you so much for your feedback! We will be using these results to explore the next stage of our carbon neutral journey – stay tuned.
House Deposit Calculator
Saving for your first home? Cash Lifetime ISA users can now access our brand new House Deposit calculator on the latest app version! Find out how much you need to save each week to reach your target of buying your first home. Simply log in to your Moneybox app and make sure you have your Cash Lifetime ISA account selected. Then head to the Discover tab to get started!
Pension transfer support
To make it even easier to transfer your old workplace pension pots to your Moneybox Personal Pension, we’ve created a new, dedicated support service to help you track down where your old pots are located. If you begin a pension transfer and don’t know your provider, all you need to do is select Get help. Then, simply fill out a few details about your previous employer, and our team will do the rest!
We’ve launched a range of exciting partners and offers on Moneybox+ that you can enjoy from the comfort of your own home. 🛋️ Plus, we’ve bundled them up into an easy-access category – Life At Home! Check out our new deals with Currys PC World, Made.com, Waterstones and Papa John’s! (Terms and Conditions apply)
In the news 🗞
- We caught up with AltFi to discuss how we’re navigating Covid-19 as a business and what trends we’re seeing in the current economic climate.
- Our People Lead, Jack, talks about how we’ve adapted our recruitment process and why we’re still growing the team despite working from home.
- New tax year, new you! Check out the This Is Money best ISAs, including our top Cash Lifetime ISA!
- Grazia’s quick ways to make money right now, featuring our round up tool.
- What are the small changes you could make to positively impact your financial health? Our Head of Marketing, Charlotte, shares some top tips on investing for your future via Medium.
Behind the scenes 🎬
We caught up with our team to hear their views on our carbon neutral project and asked them to share the steps they’re taking in their own lives to reduce their environmental impact. 🌎
Please note Moneybox cannot accept a pension you’re currently paying into, or any old pensions that provide guaranteed benefits when you retire.
For the Lifetime ISA, an early government withdrawal charge may apply. Eligibility criteria apply.
We offer cash savings products and long term investment products. All investing should be regarded as longer term (at least 5 years). The value of your investments can go up and down, and you may get back less than you invest.