Moneybox - Get Up to £50 Cashback When You Open and Fund a New Investing Account

 
 

How to Claim Your Cashback:

Follow these simple steps to take advantage of this offer and receive up to £50 cashback on your new investing account.

  1. Open a New Investing Account

    • Choose from the following account types:

      • Stocks & Shares ISA

      • General Investment Account

      • Stocks & Shares Lifetime ISA

      • Junior ISA

  2. Fund Your Account

    • Deposit, move, or transfer at least £500 into your new account(s) by 31 January 2025.

    • Important: Moneybox can take up to 2 days to retrieve the payment from your bank, so it’s best to make the deposit by 29th January to ensure eligibility.

    • You are not required to invest the cash, and it can remain in the account earning 3.5% interest.

  3. Maintain Your Balance

    • Keep a minimum balance of £500 in your new investing account(s) for 30 days, either from the end of the offer period or the completion of an eligible transfer.

Maximise Your Returns

  • With this offer, you can now have multiple ISAs, and it's possible to hold your money as cash within a Stocks & Shares ISA, benefiting from tax advantages.

  • Assuming it takes approximately 2 months to complete the entire process (30 days to meet the balance requirement + 30 days for cashback payment), this offer provides an annualised interest rate of 27.5% on a £500 deposit.

    • (Note: While the cashback rate applies over a 2-month period, the equivalent annual return makes this a lucrative short-term opportunity.)

Cashback Rewards Breakdown:

Your cashback amount will depend on how much you deposit:

Deposit AmountCashback

  • £500 - £4,999 = £20 cashback

  • £5,000 - £9,999 = £30 cashback

  • £10,000 - £14,999 = £40 cashback

  • £15,000+ = £50 cashback

When Will You Receive Your Cashback?

Your cashback will be credited to the first investing account you opened within 30 days after you meet all the offer conditions. You will therefore receive your £20 cash bonus within 60 days of completion.

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