The Top Easy Access Savings Discussion Area

Mr._H_2

Thumbs_Up said:

soulsaver said:

eta ToTP edited to include. And a 'wow!' ... :Thumb:

95 day boosted pot from 1.80%  to  1.85% is not wow in my book.

Better than a slap in the face though. And particularly nice that the increase is indeed applied to boosted pots you've already created (the pot I opened on 23rd June is now showing 1.85%, contrary to what Zopa's own support said would happen).

Thumbs_Up

To be fair it trounces the competion.

Patr100

My 31 day pot is up to 1.65% 

mlc2009

 is there anyway to pay away interest with zopa? AFAIK there is no standing orders, so I would have to login and withdraw the interest myself, correct?

wiseonesomeofthetime

mlc2009 said:

 is there anyway to pay away interest with zopa? AFAIK there is no standing orders, so I would have to login and withdraw the interest myself, correct?

Yes. Correct

Expotter

1.85% for Zopa's 95 day notice account is nice, but it would have been nicer if they had matched Allica Bank's 95 day notice at 2%. Still hoping they'll increase it when the next base rate announcement comes along.

Lynsey89

Anyone think the others that have dropped off the list will catch up?
I’ve got 70k with Marcus 1.30% trying to decide if I should move it now.

Black_Cat2

This might already have been asked about Zopa so sorry... what happens with interest over the maximum allowable amount of £50k?  Do you need to withdraw it straight away? 🐈

janusdesign

Black_Cat2 said:

This might already have been asked about Zopa so sorry... what happens with interest over the maximum allowable amount of £50k?  Do you need to withdraw it straight away? 🐈

you will continue to receive the interest as normal over the maximum amount (whether £50k or £85k), you will just be unable to make further manual deposits.

RG2015

Lynsey89 said:

Anyone think the others that have dropped off the list will catch up?
I’ve got 70k with Marcus 1.30% trying to decide if I should move it now.

Marcus and others want us to deposit money with them. If enough people withdraw their money then they may decide to increase their rates.

If people do not move their money out, Marcus and others will be happy to leave their rates at the current levels.