Moneybox review
Updated September 28, 2026 · VaultCue Editorial Team · Facts checked September 26, 2026
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Our verdict
Moneybox pairs a cash ISA with no monthly fee, a variable rate and a withdrawal allowance that rewards leaving money alone, which suits patient savers. It scores 4.7 overall and ranks 142 of 473 brands on headline rate, so the interest is competitive rather than exceptional.
Key facts
- Best for
- Savers who can fund the entry deposit and leave the balance untouched for a while.
- Headline rate
- 4%↗
- Rate type
- Variable↗
- Minimum deposit
- £500↗
- Deposit protection
- FSCS up to GBP 85,000↗
- Access terms
- 3 withdrawals a year without impacting your rate; a lower rate of 0.75% AER (variable) applies if balance is below GBP 500 or you make 4 or more withdrawals in 12 months↗
- Monthly fee
- £0↗
- Account kind
- ISA↗
- Legal entity
- Digital Moneybox Limited↗
- Headquarters
- United Kingdom↗
- Support channels
- Help-centre↗
- Pricing model
- No monthly fee
- Official website
- moneyboxapp.com
Facts checked September 26, 2026, 2 sources
Apps and profiles
Pros and cons
Pros
- A monthly fee of £0 on the cash ISA, so nothing is deducted from the balance each month.
- The money sits under FSCS up to GBP 85,000, giving the account a named deposit scheme behind it.
- A variable headline rate of 4% AER, above the 3.3% listed for PayPal Colombia.
- A published help centre is listed as the route for account questions, which suits readers who prefer written answers.
Cons
- A minimum deposit of £500 puts entry among the heavier balances in the comparison, ranking 335 of 370 brands.
- Falling below £500 or going past the yearly withdrawal allowance moves the account onto a much lower variable rate.
- Support runs on help centre only, while phone support appears on 79.5% of the brands compared.
- A headline rate of 4% ranks 142 of 473 brands, so the yield is good without sitting at the top of the table.
Who it suits
- Savers who can hold £500 or more and keep their withdrawals inside the allowance.
- Readers happy with a variable rate, which covers 90% of the cash ISAs in the comparison.
- Anyone comfortable handling support through a help centre rather than speaking to someone on the phone.
Who should look elsewhere
- Plazo ES, showing 24.19%, is the pick for readers who care most about the biggest headline figure rather than an ISA wrapper.
- AXI Card Tarjeta y Credito, at 21.59%, suits readers chasing a far higher headline rate than a cash ISA can offer.
- PayPal Colombia, listed at 3.3%, is the alternative for readers who want a lower headline rate in another market.
Fees and FX
The cash ISA runs a monthly fee of £0, so holding the account costs nothing from month to month and nothing is skimmed off the balance. The figure to plan around is the minimum deposit of £500, which is the balance needed to open the account and keep it open. Readers weighing costs get a simple picture to work with: an entry figure to plan around and no recurring charge to remember. What the account gives up is rate rather than fees, and that is where the comparison gets interesting.
Access to your money
Moneybox allows a set number of withdrawals in a year without touching the rate, and a balance of £500 or more keeps the variable rate in place. Let the balance fall below that level, or make more withdrawals than the allowance covers, and the account drops to a much lower variable rate. The practical reading is that this is money for putting away rather than taking out, and readers who expect to dip in regularly will be better served by an easy access account. Because the rate is variable, access and interest move together.
Deposit protection
Moneybox is regulated in the UK by the Financial Conduct Authority, with reference 712935 on the register. Deposits sit under FSCS up to GBP 85,000, so the balance has a named scheme behind it rather than resting on the provider alone. Regulated status and deposit cover together are what readers in this category are really buying as they compare savings and cash ISA accounts, and on both counts Moneybox presents the standard arrangement. Since the account is a cash ISA, the protected balance and the tax shelter are the same money.
Rates and card terms
The headline rate is 4% AER, and it is variable rather than fixed. There is no term to run to, so the figure is the current level and not a promise for a set period, and it can move in either direction with the wider market. For a cash ISA that trade tends to pay if you want the wrapper and the flexibility, and pays less if you need a known return on a known date. The variable label is the most important term on this page, and it deserves a read before the numbers do.
How it compares on our data
Across the brands compared here, Moneybox sits at 142 of 473 on headline rate, and at 335 of 370 on minimum deposit. Read together, the yield lands ahead of the middle of the field without being an outlier, while the entry balance sits towards the heavier end of the comparison. That is the trade-off to keep in view: a competitive rate asked of a specific balance. Fund the deposit and leave it alone, and the ranking reads fair. Fund it with less, and the same ranking works against you.
The company behind it
The account is run by Digital Moneybox Limited, based in the United Kingdom, and the provider holds a Financial Conduct Authority licence under reference 712935. Support is listed as help centre, so questions are answered through written guidance rather than a direct line. For readers who weigh who stands behind the money as heavily as the interest, the legal entity and the regulator are the details to check, and both are stated plainly. Moneybox is a UK operation with a named firm behind it, which is a direct answer to the question of who holds your savings.
How Moneybox compares
8.7 vs 8.6
8.7 vs 9.5
8.7 vs 8.0
8.7 vs 8.9
8.7 vs 8.9
8.7 vs 9.1
8.7 vs 9.1
8.7 vs 8.9
8.7 vs 8.7- 8.7 vs 8.0
8.7 vs 9.0
8.7 vs 8.1
8.7 vs 8.7
8.7 vs 8.0
8.7 vs 9.5
8.7 vs 9.4
8.7 vs 9.3
8.7 vs 9.2
8.7 vs 9.0
8.7 vs 8.7
8.7 vs 8.5
8.7 vs 8.5
8.7 vs 8.5
8.7 vs 8.4
8.7 vs 8.3
8.7 vs 9.0
Where Moneybox is available
- Available
- United Kingdom
- Licence in United Kingdom
- Financial Conduct Authority (712935), checked September 26, 2026
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
What does the Moneybox cash ISA cost to hold?+
The account has a monthly fee of £0, so there is no recurring charge to budget for. The figure to plan around is the minimum deposit of £500, which is the balance needed to open the account. Together they make up the whole cost picture for holding it.
How much interest does the Moneybox cash ISA pay?+
The headline rate is 4% AER, and it is variable rather than fixed. That means the figure follows the market instead of being locked for a term, so treat it as the current level rather than a guaranteed return.
Can I withdraw without losing my rate?+
Moneybox allows a set number of withdrawals in a year without affecting the rate. Go past that allowance, or let the balance drop below £500, and the account pays a much lower variable rate instead. Regular access to the money therefore has a real cost here.
Is my money protected if Moneybox fails?+
Deposits sit under FSCS up to GBP 85,000. Moneybox is regulated in the UK by the Financial Conduct Authority under reference 712935, so the provider operates inside the usual UK perimeter for savings accounts and the balance is backed by a named scheme.
Who runs the Moneybox cash ISA?+
The account is operated by Digital Moneybox Limited, based in the United Kingdom. That firm holds a Financial Conduct Authority licence under reference 712935, which is the reference to look up if you want the regulatory record behind the account.
How do I get help from Moneybox?+
Support is listed as help centre, so account questions are answered through written guidance rather than a direct phone line. Phone support appears on 79.5% of the brands in the wider comparison, so readers who want to talk it through should weigh that before applying.
How does Moneybox compare with the listed alternatives?+
Plazo ES shows 24.19% and AXI Card Tarjeta y Credito shows 21.59%, both far above Moneybox's 4%, while PayPal Colombia sits closer at 3.3%. Those are headline rates on different products, so the ISA wrapper and the £0 monthly fee are what separate them.
Who is the Moneybox cash ISA for?+
It suits readers who can hold £500 or more and keep withdrawals inside the allowance, since the 4% headline rate depends on both. Someone wanting a fixed deal, a lower entry balance or a phone line will find a better fit among the other providers listed here.
Sources
- moneyboxapp.com checked September 26, 2026
Backs: Deposit protection, Headquarters, Legal entity, Licences
“Moneybox, 1-2 Hatfields, London, SE1 9PG ... registered in England and Wales, no. 09597755.”
- moneyboxapp.com/cash-isa checked September 26, 2026
Backs: Access terms, Account kind, Headline rate, Minimum deposit, Pricing model, Monthly fee, Rate type, Support channels
“3 withdrawals annually without impacting your rate. ... A lower rate of 0.75% AER (variable) applies if account conditions aren't met.”
Compiled from 2 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Term.
Related by the facts
Moneybox
Savers who can fund the entry deposit and leave the balance untouched for a while.