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Moneybox review: fees, ISA charges and whether it's right for you

Round-ups and simple investing for first-time savers

Best for: Beginners building a habit, and first-time buyers using the Lifetime ISA.

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The short version

Moneybox is designed for getting started. Round-ups, weekly deposits and simple starter portfolios remove the friction that stops most people investing, and its Lifetime ISA is one of the most popular routes to a first home deposit.

The convenience has a price: £1 a month plus 0.45% is one of the higher fee stacks here once your balance grows. It is a great first platform, and many users graduate to cheaper ones later.

Best for: Beginners building a habit, and first-time buyers using the Lifetime ISA.

Moneybox fees

Platform fee£1/month subscription plus 0.45% platform fee
Share dealingUS stocks available, 0.45% FX fee
Fund dealingFree (fund fees apply)
FX fee0.45% on US stocks
Stocks & Shares ISASubscription plus 0.45% applies
SIPP0.45% platform fee (0.15% above £100k), no subscription
WithdrawalsFree
Minimum to start£1
Industry benchmark: Typical UK broker platform fee 0.25%/yr, ISA total cost 0.45%/yr, FX 1.50%. Moneybox's profile relative to that is shown above.
  • The £1 monthly subscription is free for the first three months and waived if you hold £5,000+ in the Cash ISA or Simple Saver.
  • Fund ongoing charges of roughly 0.12% to 0.58% apply on top.

Verified July 2026 against Moneybox's published charges. Always check the provider's current schedule before opening an account.

Accounts available

General Investment AccountStocks & Shares ISACash ISALifetime ISAJunior ISAPersonal Pension

Your cash is protected by the FSCS up to £120,000. Your investments are ring-fenced in your name, held separately from the firm's own assets, so they remain yours if the firm fails, with FSCS cover of up to £85,000 for any shortfall. Authorised and regulated by the FCA.

What the reviews say

Moneybox scores 4.4 out of 5 on Trustpilot (Excellent) from around 4,800 reviews.

Users love the round-ups, the goal-based design and how painless it makes starting. 93% of customers surveyed in 2026 would recommend it.

The combined £1/month plus 0.45% is repeatedly flagged as expensive for small balances.

Pros and cons

Where it wins

  • Round-ups turn spare change into investments automatically
  • Strong Lifetime ISA for first-time buyers
  • Simple starting-option portfolios, no jargon
  • Covers cash savings, investing and pensions in one app

Where it loses

  • £1/month plus 0.45% is proportionally expensive under about £5,000
  • Limited fund selection
  • Not built for hands-on stock pickers

Moneybox: common questions

How much does Moneybox charge in fees?

Moneybox's platform fee is £1/month subscription plus 0.45% platform fee. Share dealing is US stocks available, 0.45% FX fee and fund dealing is free (fund fees apply). Foreign exchange is charged at 0.45% on US stocks. Fees verified July 2026 against Moneybox's published charges.

What is Moneybox's dealing fee?

Moneybox charges US stocks available, 0.45% FX fee to buy or sell shares, ETFs and investment trusts. Fund dealing is free (fund fees apply). The £1 monthly subscription is free for the first three months and waived if you hold £5,000+ in the Cash ISA or Simple Saver.

What does a Moneybox Stocks and Shares ISA cost?

On Moneybox's Stocks and Shares ISA: Subscription plus 0.45% applies. The underlying platform fee is £1/month subscription plus 0.45% platform fee. You can start with £1. It is not a flexible ISA, so money you withdraw still counts against your annual allowance.

What are Moneybox's SIPP charges?

Moneybox does not offer a SIPP. If you want a self-invested personal pension you will need a different provider.

Is Moneybox safe, and is my money protected?

Your cash is protected by the FSCS up to £120,000. Your investments are ring-fenced in your name, held separately from the firm's own assets, so they remain yours if the firm fails, with FSCS cover of up to £85,000 for any shortfall. Authorised and regulated by the FCA.

Is Moneybox any good?

Moneybox scores 4.4 out of 5 on Trustpilot (Excellent) from around 4,800 reviews. Users love the round-ups, the goal-based design and how painless it makes starting. 93% of customers surveyed in 2026 would recommend it. The combined £1/month plus 0.45% is repeatedly flagged as expensive for small balances. It suits beginners building a habit, and first-time buyers using the Lifetime ISA.

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Capital at risk. This page is information, not financial advice.