Business Saver
10 Support topics
-
What is the Moneybox Business Saver?
The Moneybox Business Saver can be used to earn interest on your business cash reserves and optimise your cash…
-
What is the interest rate for the Business Saver?
The current interest rate is currently 4.0% AER variable. Interest is earned daily and paid on the first day…
-
What if I need to change the account operator of my Business Saver?
You can request to change the account operator of a limited company Business Saver if you need to. Please…
-
How do I pay into and withdraw from my Business Saver?
The minimum initial deposit to open the Business Saver is £500, and the minimum deposit after opening is £100….
-
Are there fees for the Business Saver?
Moneybox does not charge you for your Business Saver. However, Moneybox will receive a fee from certain of our…
-
Can I transfer between business and personal Moneybox accounts?
Direct transfers between business and personal Moneybox accounts are not currently supported. All deposits would need to come from…
-
Is the Business Saver covered by the Financial Services Compensation Scheme (FSCS)?
Your eligible deposits are protected by the Financial Services Compensation Scheme (FSCS) up to £85,000 per business per bank….
-
Who can open a Business Saver?
The Business Saver can be opened by existing Moneybox customers through the Moneybox mobile app, and by new Moneybox…
-
What will I need to open a Business Saver?
To open a Business Saver, you’ll need to provide some key information about your business and the individuals involved…
-
Why is my industry listed as one for which I can’t open a Business Saver?
Unfortunately we’re unable to open a Business Saver for those with businesses in certain industries due to the increased…
Can't find what you're looking for?
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.