Invest with a Moneybox General Investment Account
Invest outside of your ISA allowance. Deposit up to £85,000 a week and invest in sectors like healthcare, technology, and artificial intelligence with our range of tracker funds.
Open a General Investment Account in minutes.
Capital at risk. All investing should be long term. Tax rules apply.
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What is a General Investment Account?
A General Investment Account is a simple way to invest outside of tax wrappers like a Stocks & Shares ISA - which you might want to do if you've reached your annual ISA allowance.
With the Moneybox General Investment Account (GIA), you can invest in thousands of global companies through our range of tracker funds.
You can deposit up to £85,000 a week into our General Investment Account, with access to our full fund range including global and emerging market shares, technology, property, healthcare and more.
What else should I know about the Moneybox General Investment Account?
You can start investing in minutes
You must be 18 years or over and a resident in the UK (and not a US citizen)
You won't get the same tax breaks as a Stocks & Shares ISA - but you only pay tax on gains above £3,000, subject to having no other investments.
Our funds
Open a Moneybox Stocks & Shares ISA to invest in technology, healthcare, as well as the S&P 500 and FTSE 100.
Global Shares
Shares | Fund fee 0.12% (transaction costs also apply.)
Track the global stock market with shares in more than 1,600 companies like Apple and Amazon.
Global Shares ESG
ESG Shares | Fund fee 0.13% (transaction costs also apply.)
Invest in global companies that score highly on environmental, social and governance (ESG) factors.
Global Health & Pharmaceuticals Shares
Shares | Fund fee 0.31% (transaction costs also apply.)
Champion the healthcare sector by investing in companies like Johnson & Johnson and Pfizer.
Global Property Shares ESG
ESG Shares | Fund fee 0.18% (transaction costs also apply.)
Gain exposure to over 300 property companies across a range of industries, from residential to retail.
Moneybox investing fees
These fees cover all trading and transaction costs. You can withdraw free of charge.
Monthly subscription fee Free for the first 3 months. Free for customers with £5k or more in their Cash ISA and/or Simple Saver. | £1 |
Annual Moneybox platform fee Accrued daily, charged monthly. | 0.45% |
Annual fund provider costs There are additional fees charged directly by the fund provider. Please check the key investor information document (KIID) for a particular fund for more information. | |
Currency conversion fee The cost of converting GBP to USD and vice versa when buying or selling US stocks from the UK. | 0.45% |
Commission We don't charge a commission on US stocks. | 0% |
General Investment Account FAQs
Here’s some more info about our General Investment Account. If you have any questions, please chat to us in the app or email us via support@moneyboxapp.com.
What is a General Investment Account (GIA) and how does it work?
A General Investment Account allows you to invest outside of tax wrappers such as Personal Pensions and Stocks & Shares ISAs. Unlike an ISA, the GIA doesn’t offer tax relief but you only pay tax on gains above £3,000, subject to having no other taxable investments.
There’s no annual limit on how much you can contribute, however, we limit contributions to £85,000 per week.
What can I invest in?
Moneybox has worked with experts to offer you three Starting Options – Cautious, Balanced and Adventurous. All you need to do is pick one based on your attitude to risk and return.
Each Starting Option contains a mix of tracker (mutual) funds. If you’d like to, you can customise the asset allocations of our suggested Starting Options to create a personalised portfolio. However, you should bear in mind that our Starting Options have been carefully designed by investment experts to optimise risk and return for the selected risk appetite. Please make sure you fully understand how changing your allocation could impact your investment return and risk level before making any changes to these allocations.
What are the fees for investment accounts?
For investment accounts (Stocks & Shares ISA, General Investment Account, and Stocks & Shares Lifetime ISA), we charge the following fees:
Monthly subscription fee
£1 a month, free for the first three months. This fee is charged according to your Moneybox account, not by the number of investment accounts you have with us.
This means even if you have multiple investment accounts with Moneybox, your total subscription fee will remain at £1. This fee covers all transactions and all investing costs and is charged at the end of each month by selling down your largest holding.
This £1 monthly subscription fee is waived for customers with £5k or more in their Cash ISA and/or Simple Saver.
Platform fee:
0.45% of the value of your investments per year. This fee accrues daily but is charged monthly by selling down your largest holding.
Fund provider fees:
You will also pay annual fund fees which cover fund management costs and transaction costs. They are charged by the fund provider rather than Moneybox, so are included when the fund provider calculates the value of your investments and are subject to change. You can find a full list of our available funds and their fees here.
As an example, the annualised charges for an investment of £3,000 with a Balanced allocation would be:
Fund fees: 0.17% / £5.16
Service costs (£ monthly subscription fees + platform fee): 0.85% / £25.59
If you withdraw all your money or close your account we calculate the Fixed subscription fee and the Platform fee on a daily basis for that month and deduct these charges before you receive the money.
When investing in US stocks, which are currently available for our Stocks & Shares ISA, in addition to our 0.45% annual platform fee, we collect a 0.45% currency conversion fee from the value of the trade before it is sent to be traded. This covers the cost of converting from GBP(£) to USD($) and vice versa. We do not charge any commission for investing in stocks.
For funds held as Available Cash, we do not charge a customer service fee – instead, we will retain the difference (if any) between the interest received from the underlying third party banks and the amounts paid on your product. The interest rate you see in the app is the interest rate you’ll receive.
Information on fees, including our fee calculator, is always accessible in the Settings tab of the app by tapping on ‘Terms and fees’, and you can see how much you’ve paid in fees since opening your account in Wealth > Select Account > Breakdown.
Account fees are charged at the end of each month by selling down a small portion of your largest holding, so no additional funds are taken by direct debit.
For more information about Junior ISA fees, please visit the Junior ISA FAQ section.
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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.