The Moneybox Business Saver can be used to earn interest on your business cash reserves and optimise your cash flow management. Your business can earn a competitive rate on cash reserves at no fees or charges. Deposit up to £1 million, FSCS protected up to £85,000 per third party bank.
To open a Business Saver, you’ll need to be a sole trader or director of a limited company registered with Companies House.
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.
