Users can earn up to £600 paid into their Moneybox account when buying a mortgage through Habito.
Habito and Moneybox's new partnership will have a second phase involving a deeper integration with Habito’s comparison API which aims to help customers saving for a house deposit to calculate what size property they can afford and how much they can expect to pay monthly. It is already live with money management app Emma and Landlord Studio.
Moneybox users, which now number 400,000, can now sign up for a Habito account via the former’s new rewards-based marketplace called Moneybox+. When you make a transaction with one of their partner brands, you receive a cash reward directly into your Moneybox account.
Users receive an amount tiered to the size of their customer’s mortgage. The minimum size is £50,000 to £99,999 which pays out £50 while a mortgage of £500,000 or more pays £600.