Build your savings and get 2.32% AER with a Simple Saver

Get 2.32% AER variable and access your money when it suits you with a Simple Saver. Open an account today with as little as £1.

Withdraw the next working day, limited to one per calendar month.️

Download the app and start saving now.


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Simple way to save

  • Earn 2.32% AER variable with the Moneybox Simple Saver. Build your savings and easily access your money when it suits you with one withdrawal per month.
  • No account fees or charges.
  • Deposit up to £85,000.
  • Open an account in minutes and start saving with as little as £1.

What else should I know about the Moneybox Simple Saver?

  • This savings account is powered by our partner Shawbrook Bank. Shawbrook Bank is covered by the Financial Services Compensation Scheme so your total eligible savings with Shawbrook Bank are protected up to £85,000.
  • Withdrawals are limited to one per calendar month.
  • Withdrawals will be paid into your nominated bank account on the next working day.
  • Interest is calculated daily and paid into your account each month. We will keep you updated of any changes to the interest rate.

Join our community

So far we’ve helped over 900,000 people save and invest for their future. Ready to join us?

Award-winning app

Recognised by the industry and our customers.

Consumer Investment Awards 2019 winner badge for the best money app

Best First-time
Buyer app

Consumer Investment Awards 2019 winner badge for the best app for beginners

Best for

Moneybox - Digital Wealth Management Provider of the Year 2019.

Digital Wealth
Management Provider

Altfi award winner badge for digital wealth manager of the year 2019

Digital Wealth

Questions & answers

If you have any questions, please chat to us in the app or email us via

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Summary Box

Simple Saver Account (powered by Shawbrook Bank)

  • 2.30% Gross/2.32% AER variable.
  • Interest is earned daily and paid on the 1st day of each month, rounded down to the nearest penny
  • Yes – the interest rate is variable, so it can go up or down
  •  If Shawbrook Bank changes the interest rate, we will inform you as soon as possible, via the Moneybox App, and by email of any change to the interest rate
  • The estimated balance after 12 months would be £1,023.20
  • This assumes that:
    • the account is opened with £1,000
    • No further deposits or withdrawals are made
    • The interest rate stays the same for the full 12 months
  • The account is available to UK residents aged 18 or more
  • You may only open and manage the account via the Moneybox App
  • You may only make payments into the account via the Direct Debit arrangements managed via the Moneybox App
  • Joint accounts are not allowed
  • You can request one withdrawal per calendar month from the Simple Saver Account
  • If you have already used your withdrawal for the month, the next time you will be able to withdraw is the 1st of the following month. If a withdrawal is not used in any given month, this does not roll over to the subsequent month.
  • If you do request more than one withdrawal in a month, this will only be considered in exceptional circumstances.
  • When you request a withdrawal, the funds will be paid to you on the next Business Day to your nominated bank account.
  • You will not earn any further interest on money after it has been returned to us or while it is sent to you.

Join our community

We’re helping over 850,000 people save and invest for their future with Moneybox. Ready to join us?

Download the app and get started in minutes.


Risk Warning

It's important you know

All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest.

Risk Warning
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