Is money box a safe company to invest with .?

bigunfriendlygiant

Are money bow insured ?

born_again

Banks etc are not insured.. FSCS cover this.

https://register.fca.org.uk/s/

It should be clearly stated on their website, often at the bottom of the pages. With all the legal bits.

ro1892

They are covered by FSCS (up to £85,000), however if you look at this page (https://www.moneyboxapp.com/fscs-protection/) it says their accounts may use other banks to hold the money. 

Taking the 95 day notice account mentioned on that page as an example, it says that money is held with Investec Bank PLC, so if you already had £85,000 in another Investec account and opened a money box 95 day notice account with £15,000 then you'd have £100,000 with Investec, but would only be covered by FSCS for £85,000.

dunstonh

Funnily enough, Moneybox cover this on their website:
https://www.moneyboxapp.com/fscs-protection/