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Question about Zopa

Sorry if this has been asked before. I've just created a boosted 95 day pot. Does the time start ticking on that straightaway or do I have to click "give notice" to start reducing the 95 days? If that's the case, does the "increase boost" button allow you to increase the days up again?

Comments

  • Malchester
    Malchester Posts: 1,102 Forumite
    Ninth Anniversary 1,000 Posts Photogenic Name Dropper
    Sorry if this has been asked before. I've just created a boosted 95 day pot. Does the time start ticking on that straightaway or do I have to click "give notice" to start reducing the 95 days? If that's the case, does the "increase boost" button allow you to increase the days up again?
    Yes. You have to specifically give notice before the time starts to count down. You can continue to add to the pot during the notice period and all the funds will be available at the end of the notice period even if some of the funds have only been in the boosted pot for a week. At the end of the notice period you can move funds elsewhere or restart the notice period.
  • soulsaver
    soulsaver Posts: 6,975 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 25 July 2022 at 10:17AM
    You can cancel the notice given, resetting to no notice given on that pot. 

    'Increase Boost' will take you to an option to go up to the next notice level.
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