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Zopa Boosted Pot - Where does the monthly interest go?
SickGroove
Posts: 375 Forumite
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
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
0
Comments
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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).1
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