Earn 4% AER (variable) with the Moneybox Business Saver

  • No rate tiers, no fees, and you don’t need to be an existing customer
  • Build your business’ future with confidence
  • Minimum balance £500

T&Cs apply. Max one withdrawal per day.

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What is a Business Saver?

The Moneybox Business Saver allows limited companies and sole traders to earn 4% AER (variable) on cash reserves, and build a strong balance sheet.

  • Easy access
  • Next-day withdrawals
  • Switch seamlessly between personal and business profiles
Start saving

How to open a Business Saver

If you’re a limited company or sole trader, the Moneybox Business Saver is for you. You can apply for a Business Saver in minutes with Moneybox. Download the app to sign up and answer a few simple questions to apply. Start saving with a minimum deposit of £500.

The best part? Manage your business and personal finances easily all in one simple app that millions of people use to build wealth with confidence.

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Build a strong balance sheet

Show potential lenders and investors that you’re financially responsible.

Build a financial safety net

Smooth out the rough patches with extra cash reserves.

Optimise cash flow management

Keep your business savings, tax fees, or expenses to one side.

Join over 1 million people building wealth with Moneybox

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Business Saver vs current account

Name
Moneybox Business Saver
Current account
Uses
Earn interest on business savings, build business resilience, and improve cash-flow management
Day-to-day transactions, receiving payments, and paying bills
Interest rates
Often offer higher interest rates compared to current accounts
Generally low or zero interest rates
Withdrawals
Next-day withdrawals one withdrawal per day
Typically instant transfer
Restrictions
No tiers, no fees and you don't need to be an existing customer
Some may have restrictions in the small print
Moneybox Business Saver
Uses
Earn interest on business savings, build business resilience, and improve cash-flow management
Interest rates
Often offer higher interest rates compared to current accounts
Withdrawals
Next-day withdrawals one withdrawal per day
Restrictions
No tiers, no fees and you don't need to be an existing customer
Current account
Uses
Day-to-day transactions, receiving payments, and paying bills
Interest rates
Generally low or zero interest rates
Withdrawals
Typically instant transfer
Restrictions
Some may have restrictions in the small print

Everything you need to know

Moneybox Business Saver.

  • 4.0% AER (variable).
  • Interest is earned daily on cleared balances and paid on the 1st day of each month, rounded down to the nearest penny.

Yes – the Underlying Rate is variable, so 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 or eligibility criteria. If the rate goes down we will inform you at least 14 days before the rate or eligibility criteria change is detrimental to you. If the target rate of return is exceeded, we will pass any additional interest received to you, rounded down to the nearest penny. If the target rate of return is less than the interest rate shown in the app, we will top-up the interest payment to achieve the advertised rate.

  • The estimated balance after 12 months would be £1,040.00.
  • This assumes that:
    • The Business Saver is opened with £1,000.
    • No further deposits or withdrawals are made.
    • The interest rate stays the same for the full 12 months
  • You may only open and manage the Business Saver via the Moneybox app.
  • You may make payments into the Business Saver via easy bank transfers and manual bank transfers.
  • You can withdraw from Business Saver, subject to maintaining a minimum balance of £500.
  • You can either withdraw the full balance or withdraw part of the balance.
  • When you request a withdrawal, the funds will be paid to you on the next business day to your linked bank account (in exceptional circumstances this may take up to 3 days).
  • You will not earn any further interest on money after it has been returned to us or while it is sent to you.

Moneybox guide to Business Savers

Learn more

It's important you know

Capital at risk. All investing should be for the longer term. The value of your investments can go up and down, and you may get back less than you invest. Tax treatment depends on individual circumstances and may be subject to change in the future.

A 25% government penalty applies if you withdraw money from a Lifetime ISA for any reason other than buying your first home (up to £450,000) or for retirement, and you may get back less than you paid into your Lifetime ISA.

Your home may be repossessed if you do not keep up repayments on your mortgage.

Payments you make into your pension won’t be accessible until the minimum pension age (currently 55, increasing to age 57 from 2028). Tax treatment depends on individual circumstances and may be subject to change in the future.

For Business Saver: T&Cs apply. Max one withdrawal per day.

Get started