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Moneybox
Juljam2
Posts: 4 Newbie
Does anyone use the moneybox app for their savings ? I have a substantial lump sum and wondered if it would be suitable as it currently has the best interest rates
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Comments
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I use it in for the 90 day and 45 day accounts-0.6% so I only pay a small amount in each month the rest I put into S&S ISA.Nurse striving for financial freedom1
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can you can you recommend anyone else suitable for my lump sum then ? I can’t afford to take a risk with it as it is all I have but I haven’t looked at isa options ...0
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If you aren’t able to risk capital your options are premium bonds (max 50k - with average luck ~0.8%) or normal savings accounts (0.5%).https://www.moneysavingexpert.com/savings/savings-accounts-best-interest/1
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MFW2026 said:I use it in for the 90 day and 45 day accounts-0.6% so I only pay a small amount in each month the rest I put into S&S ISA.
The reference to a S&S ISA was completely irrelevant to your question so there's nothing in that post that should dissuade you from putting a lump sum into Moneybox?Juljam2 said:can you can you recommend anyone else suitable for my lump sum then ? I can’t afford to take a risk with it as it is all I have but I haven’t looked at isa options ...0
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