Earn 4.75%* AER (variable) with the Moneybox Cash ISA

Moneybox Cash ISA

Higher Interest Rate (including a bonus interest rate of 0.50% AER for 12 months): 4.75% AER (variable)

• if you make less than four withdrawals within each 12 month period from the date of opening your Cash ISA; and
•  maintain a balance of £500 or more.

Higher Interest Rate (after 12 months): 4.25% AER (variable)

• if you make less than four withdrawals within each 12 month period from the date of opening your Cash ISA; and
• maintain a balance of £500 or more.

Lower Interest Rate: 0.75% AER (variable)

• if you make four or more withdrawals within each 12 month period from the date of opening your Cash ISA; or
  if your balance is below £500, the lower interest rate will be applied for as long as your balance remains below £500

Interest is accrued daily.

Interest accrued due to the underlying interest rate is paid annually on the product anniversary, rounded down to the nearest penny.

The bonus interest rate will be paid for 365 days (or 366 days in a leap year) from the day you open your first Moneybox Cash ISA.

Estimated balance after 12 months (higher interest rate of 4.75% inclusive of 0.50% bonus interest rate): £1,047.50

This assumes that:

• The account is opened with £1,000 deposit.
• No further deposits or withdrawals are made.
• The interest rate stays the same for the full 12 months.

Estimated balance after 12 months (lower interest rate of 0.75%): £967.30

This assumes that:

• The account is opened with £1,000 deposit, initially accruing interest at the higher rate.
• Four subsequent withdrawals of £10 are made on the second day of opening the account, triggering the lower rate of interest.

Estimated balance after 24 months (higher interest rate of 4.75% (including 0.50% bonus interest rate) applying for first 12 months and then higher interest rate of 4.25% applying for subsequent 12 months): £1,092.01

This assumes that:

• The account is opened with a £1,000 deposit.
• No further deposits or withdrawals are made.
• The higher interest rate stays the same for the full 24 months.

Estimated balance after 24 months (lower interest rate of 0.75%): £1008.40

This assumes that:

• The account is opened with £1,000 deposit, initially accruing interest at the higher rate.
• Four subsequent withdrawals of £10 are made on the second day of opening the account, triggering the lower rate of interest.

• The account is available to UK residents aged 18 or over.
• You may only open and manage the account via the Moneybox app.
• Your Cash ISA account opening date will be the date you open your product.
• You can transfer in existing ISAs or make contributions up to £20,000 in total each tax year.
• Joint accounts are not allowed.

• You can withdraw from your Cash ISA at any time to your linked UK bank account in your name.
• You can either withdraw the full balance held in your Cash ISA or withdraw part of the balance.
• Please note that if you make four or more withdrawals within each 12 month period from the date of opening your Cash ISA, this will impact the interest applicable to your account. You’ll receive the lower rate exclusive of any bonus interest rate for the rest of that period after you’ve made four or more withdrawals. The number of withdrawals you can make without impacting your rate will reset yearly on the date you opened your account

• The ISA is a government savings scheme and the rules, including tax benefits, could change in the future.
• Interest is paid tax-free. This means that you do not pay income tax on the interest earned in the Cash ISA.