Business Saver

All topics Business Saver Who can open a Business Saver?

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 customers via the app or our website. Please note you’ll need to be on the latest version of the app to be able to open a Business Saver.

You can open a Business Saver if you are a:

  • Sole trader or Limited Company registered at UK Companies House.
  • Based in the UK, with all trading activities undertaken in the UK.
  • All directors and Persons of Significant Control (PSC) are UK residents.
  • The business is not dissolved or in liquidation.

We’re able to support most, but not all, industries. A full list of those we can’t currently work with are listed in the Business Saver KFD.

The minimum deposit to open a Business Saver is £500.

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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.

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