What savings accounts do Moneybox offer?
We currently offer two types of savings products – regular access and Notice Accounts. With Notice Accounts, you need to give us notice before you take your money out, and in exchange these tend to offer higher interest rates compared to the regular access savings products.
We also offer an account without a notice period – the Simple Saver. Any withdrawals made from this account are paid the next available working day, however you are limited to one withdrawal per calendar month. This account is also powered by Santander International and currently offers a rate of 4.00% AER (variable).
The Notice Accounts we offer are:
- 32 Day Notice Account, which is powered by Investec with an interest rate of 4.66% AER (variable)
- 45 Day Notice Account, which is powered by Charter Savings Bank (CSB) and has an interest rate of 4.34% AER (variable). Please note that this account is currently closed to new customers.
- 95 Day Notice Account, which is also powered by Investec and has an interest rate of 4.96% AER (variable)
- 120 Day Notice Account, which is powered by Charter Savings Bank (CSB) and has an interest rate of 4.60% AER (variable). Please note that this account is currently closed to new customers.
Depending on which account you choose, you’ll need to give either 32 days, 95 days, or 120 days notice to make a withdrawal. Once you request a withdrawal in the app, after your notice period has passed, you will receive your funds the next working day.
All of our cash savings accounts are also fully FSCS protected for up to £85,000. Please note that this limit is per bank, meaning any other savings you hold with the same partner banks mentioned above will also count towards this £85,000 limit.