Use your time at uni to get a head start in your financial life with the LOQBOX app - with a free £10 Amazon voucher if you sign up with money.co.uk.
Build your credit score
Get into the savings habit
£10 opening bonus
LOQBOX has teamed up with money.co.uk to create an offering designed for students looking to boost their credit score. The exclusive offer is explained below:
LOQBOX is the money app that aims to give everyone the tools to live a richer life - both personally and financially. LOQBOX is here to help you build, maintain and strengthen your financial health.
From boosting your credit score to helping you save for the things you love, LOQBOX is the easy way to take control of your money.
Here’s the simple, smart way LOQBOX Save can build your credit score.
Simply choose how much you want to save each month (between £20 and £200). LOQBOX locks away a 0% APR loan for that amount in your LOQBOX Save. A bit like a digital piggy bank.
You’ll save that amount each month for 12 months, growing your credit score as you go. (LOQBOX uses your payments to pay off the loan you locked away.)
At the end, pop every penny into a new account (LOQBOX's partner banks pay them a commission, making it free for you).
Or if you prefer to use an existing account, it’s just £30 for your LOQBOX credit-building, savings and financial guidance journey.
Building your credit score can save you money. With a better credit score, you’ll get better rates on loans, mortgages, and credit cards. Improving your credit score now is a great way to prepare for your future.
You’ll also be building your savings. Whether you have a specific goal in mind, or want the comfort of a rainy day fund, LOQBOX Save can help you get there.
LOQBOX is totally free to use with its lite membership option (when you withdraw to a new account with one of its partner banks).
You can boost your financial health even further with a full membership. For just £2.50 a week, you get additional access to LOQBOX Rent and LOQBOX Spend. LOQBOX Rent gives you the opportunity to include your rent payments on your credit report. LOQBOX Spend gives you an interest-free credit account. On top of that, you’ll have access to the latest financial advice with LOQBOX Learn, and a personalised financial plan tailored to your goals and needs.
It’s really simple. Just sign up, choose how much you want to save, keep up your monthly payments, and LOQBOX takes care of the rest.
A great credit score isn’t just about buying a house. Your credit history can also affect other areas of your life, like your phone contract, or finance on your next car.
LOQBOX Save gives you a way to build your credit history without needing to get a credit card. Credit cards can be really useful, but they can also make borrowing harder to manage.
We get it – mortgages and loans may seem a way off at the moment. But by starting to build your credit history now, and kickstarting your savings, you’ll be paving the way for an easier financial future.
Let’s get you started on your journey to a richer life. Simply join LOQBOX by clicking this link, and we’ll add an extra £10 to your balance when you unlock your savings.