Moneybox is an Android application which allows you to save and invest your money. There is an option to buy property with a mortgage and get expert advice.
Savings
You can open your savings account and multiply your funds. It is possible to pool your old pensions and create a fund with a piggy bank. Platform allows you to build your future plans with various tools such as Lifetime ISA Calculator, ISA Time Machine and more. There is an option to set up a regular weekly deposit or limit your daily card purchases to start saving automatically.
In addition, you can postpone change and make one-time deposits at any time. It is worth noting that Moneybox piggy bank is regulated by the Financial Conduct Authority and has a certain degree of protection to keep your money safe. The application was created for residents of the UK.
Investments
The platform provides you three starting options for investing, such as cautious, measured and adventurous. Each of these methods allows you to share your savings among trackers. You can put money in thousands of large and leading companies in the world, including Facebook, Netflix, Disney and so on. Please note that your investments are held under ISA Stock and Shares, GIA and so on. All your investments should be considered as long-term.
Features
- just like CMC Invest, it is possible to put your money into big companies;
- you can save and open a savings account;
- there is an option to choose starting investment options;
- compatible with current Android versions;
- free to download and use.
