Craig Charles returns with the high-stakes quiz that tests contestants' ability to think quickly as they answer questions by grabbing moneybags.
Those who grab the right answer earn that bag's value, which can be anything from £1000 to £100,000. But should the wrong bag be picked up, the contestants risk losing everything.
It's now been revealed that the series will launched with a companion mobile app - available on Apple and Android devices from Monday 15th August.
According to Broadcast, the app will enable players to answer questions by grabbing the correct moneybags from the virtual money belt. Games will consist of 4 rounds of questions, with one million points at stake across the week's five episodes, mirroring the daytime show.
Each week, players will compete against each other to be top of the leader board.
This new series kicks off with a week of celebrity shows. Ten celebrity contestants join Craig for their chance to win life-changing money for their chosen charity, with an incredible £1 million up for grabs, including a £100k bag.
The celebrities who are hoping that they'll be randomly selected to take their place in front of the money belt for one of the three head-to-head battles are actor Catherine Tyldesley, Olympic athlete Greg Rutherford, Steps star Claire Richards.
Also on the show are comedian and actor Nina Wadia, Celebs Go Dating's Tom Read Wilson, actor Kate Robbins, comedian Dane Baptiste, Atomic Kitten singer Natasha Hamilton, original punk wild child Toyah Wilcox and fitness legend Mr Motivator.
Whoever banks the most cash in each round will compete in the 'triple-header', a tense three-way battle in which whoever grabs - or steals - the most cash will play to win it all in the final.
There's mega money at stake, but who will grab it? And more importantly, can they hold onto it for their chosen charity?
Celebrity Moneybags begins Monday 15th August at 5pm on Channel 4.