Pockit LOQBOX

Use Pockit LOQBOX to improve your credit score and set aside some money for the future — all at the same time.


Plus, it's built right into your Pockit account. No fuss, no fiddly forms.

What do I get?

Better credit score

Pay less and have more options
when you need to borrow money.

Savings

Money for Christmas, a holiday,
or a rainy day — with no loans or debt.

Your credit score is based on how you manage your money, bills and any loans. It's a number between 0 – 1000 — the higher it is, the better deals you can get on a new mobile phone, furniture or when you borrow money. Pockit LOQBOX helps you get a higher score.

How does it work?

Set your goal

Set your savings goal, and we'll lock away a 0% loan for that amount in your LOQBOX. Like a digital piggy bank.
You decide how much you want to save each month and when we should put it in your Pockit LOQBOX (we will remind you a few days before).

Make small monthly payments

Pay off the loan each month for 12 months, growing your credit score as you go
You can unlock your Pockit LOQBOX early and use your savings, but your credit score won't grow as much.

Unlock your savings and your future

Once your loan is fully repaid, you unlock your savings and a better credit history!
Pockit LOQBOX has helped people improve their credit score by more than 100 points.

How does it work?

Put money in your box

It’s easy. Save for 12 months and at the end, you have a pot of money and a better credit score.
You decide how much you want to save each month and when we should put it in your Pockit LOQBOX (we will remind you a few days before).

Unlock your box

After 12 months, unlock your Pockit LOQBOX to get all your savings back — plus a better credit score.
You can unlock your Pockit LOQBOX early and use your savings, but your credit score won't go up.

Improve your credit score

Pockit LOQBOX has helped people improve their credit score by more than 100 points.
If your credit score hasn’t improved after 12 months, we’ll refund your Pockit LOQBOX setup fee.

How much does it cost?

£0.99

per month

Pockit LOQBOX costs less than £1 a month!
It’s yours for 12 months, unless you unlock it early.
Each month on the day you selected, we will collect the amount you decided to save, plus £0.99 to cover the cost of putting the money into your Pockit LOQBOX.

What happens if I can’t make a payment?

If you can’t make a month’s payment for any reason, you have two options:
1. Unlock your Pockit LOQBOX before your payment date and get all your savings back. This means you won’t miss a payment, but you also won't improve your credit score.
2. If you miss a payment and don’t unlock your Pockit LOQBOX before then, it can hurt your credit score.
Get Pockit LOQBOX