Zopa Boosted Pot - Where does the monthly interest go?

Good evening,

Looking to transfer 15K from Zopa easy access pot into the 95 day boosted pot to obtain max 1.4% interest.

If i do, where is the monthly interest paid into? The easy access pot or the boosted pot?

If the interest goes into the boosted pot I assume I can't gain access to the interest unless I give notice?

Thanks in advance 


Comments

  • cymruchris
    cymruchris Posts: 5,557 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper Photogenic
    I have all-in in a boosted pot - but have given notice to withdraw as Chase offers a better rate with instant access. The interest is paid into the pot your savings are in - so if in the boosted pot - will appear in the boosted pot - and notice to unlock applies. (Mine will be ready to remove on the 28th of April).
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 349.9K Banking & Borrowing
  • 252.7K Reduce Debt & Boost Income
  • 453.1K Spending & Discounts
  • 242.9K Work, Benefits & Business
  • 619.7K Mortgages, Homes & Bills
  • 176.4K Life & Family
  • 255.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 15.1K Coronavirus Support Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.