This offer has now ended. You’re no longer able to refer new friends. You can still track the progress of ongoing referrals in the app.

 

If you’re referring other people:

What do the people I refer need to do?

The friends you refer will need to follow the link to open a Moneybox Cash ISA and deposit or transfer a minimum of £500. That’s it!

How many people can I refer?

You can refer up to three people. You’ll receive £40 for each person you refer that finishes all of the steps, up to a maximum of £120.

When and how will I get referral rewards?

Once a friend finishes the required steps, we’ll mark their referral as successful. You’ll both receive £40 once the offer has ended. This will be paid into your Cash ISAs.

Who can I refer?

You can refer anyone who is a UK resident, and who doesn’t already have a Moneybox account. As they need to open a new Cash ISA with Moneybox, they shouldn’t have already opened a Cash ISA with another provider in the current tax year.

Why was my referral unsuccessful?

If your referral was unsuccessful, your friend won’t have finished the steps within the offer window. They might not have opened the right account, or deposited the minimum of £500. They might have also closed their account before the offer end date. This will count as one of your three referrals. For full details of the eligibility criteria, please refer to our T&Cs.

Will the reward affect my annual Cash ISA allowance

The £40 will count towards your £20,000 annual ISA allowance. In the event a payment is expected to take you over your £20,000 limit, we’ll pay it to your linked bank account instead.

 

If someone sent you a referral link

What steps do I need to complete to be eligible for a referral reward?

  • Sign up to Moneybox by following the link your friend sent you. Doing so will open the Moneybox signup form, and allow us to connect your new account with the unique referral link.
  • You’ll then be prompted to download the Moneybox app, and log in with the email and password you just created. You can then continue the sign up process in-app.
  • As part of registering for the app, you’ll need to open a Moneybox Cash ISA.
  • You’ll need to add at least £500 to your new Cash ISA within the offer window, and keep it in there for 30 days.

How will I know when I’ve completed all the steps?

After signing up to the Moneybox app from a referral link, you’ll see a status bar on your homepage.

  • If it says ‘Referral in progress’, there are still steps that need to be finished, or they’re still processing. You can tap this bar to see what steps you still have outstanding.
  • If it says ‘Referral steps successful’, you’ll know you’ve finished all the steps and you’ll receive your £40 on the set payment date.

When and how will I get my referral reward?

Once you complete all your referral steps, we’ll mark your referral as ‘successful’. You’ll both receive £40 on the set payment date. This will be paid into your individual Cash ISAs.

Why was my referral unsuccessful?

You won’t get your £40 if you don’t open a Cash ISA as your first Moneybox product, if you didn’t deposit or transfer £500 or more within the offer window, or if you didn’t sign up via your friend’s referral link. Your referral will also count as unsuccessful if you close your Cash ISA before the offer end date, or if your transfer failed.

Will I be able to refer other people once I’ve signed up?

This offer is active for a select number of Moneybox Cash ISA customers at this time. If it doesn’t show up under Settings > Refer a friend, then the offer won’t be available to you – but keep an eye out for similar offers down the line.

I can’t see this referral offer in my app

This offer is available to all Moneybox Cash ISA customers, so if it doesn’t show up under Settings > Refer a friend, then the offer won’t be available to you – but keep an eye out for similar offers down the line.

If I deposit £500 but withdraw it later on, do I still qualify?

You must deposit or transfer £500 and keep it in your account for at least 30 days to be eligible for the reward. After this, you can withdraw your deposit and it will not impact your reward.

What happens if I close my account? Will my reward be paid to me and my friend?

If you cancel or close your Cash ISA before the offer end date, you and your referrer will not qualify for the reward.