Zopa interest

Nettiesmythe

Just noticed the interest on my Zopa instant access accounts has gone up from 2.86% to 3.07% sometime this afternoon.

where_are_we

Just opened app to do my usual new Monday, 95 day Zopa "ladder" pot to find an increase, now up to 3.47%. Confirmed - Zopa Primary access now 3.07%

7 day 3.12%

31 day 3.27%

wiseonesomeofthetime

Zopa ladder loophole blocked. 

fwdrew

wiseonesomeofthetime said:

Zopa ladder loophole blocked. 

That's a shame. Well that saves me transferring my money back to them now as that was the only good thing going for them. They are not far off other rates now on the accessible. Annoying that I like many others area going have a to wait now for a load of pots to reach their date now. Don't think i will bother with them now. If only there was a way to roll back an app update .

Frogletina

fwdrew said:

wiseonesomeofthetime said:

Zopa ladder loophole blocked. 

That's a shame. Well that saves me transferring my money back to them now as that was the only good thing going for them. They are not far off other rates now on the accessible. Annoying that I like many others area going have a to wait now for a load of pots to reach their date now. Don't think i will bother with them now. If only there was a way to roll back an app update .

Most of my pots are 95 day ones and have just £1 in. That will be fun waiting for them all to mature 

jimexbox

fwdrew said:

wiseonesomeofthetime said:

Zopa ladder loophole blocked. 

That's a shame. Well that saves me transferring my money back to them now as that was the only good thing going for them. They are not far off other rates now on the accessible. Annoying that I like many others area going have a to wait now for a load of pots to reach their date now. Don't think i will bother with them now. If only there was a way to roll back an app update .

The boosted pot's are still useful for myself. I already have a one year fixed bond. I'll continue to use the 95 and 31 day notice pots, for cash that is not required immediately. 

Qyburn

Zopa ladder loophole blocked. 

In what way?

ToastLady

wiseonesomeofthetime said:

Zopa ladder loophole blocked. 

Can you explain please or provide a link to info as I don't understand what you mean? I've just added a small amount successfully to a pot maturing on 5th March.

Good news that they have put the rates up. Wish they'd do the same with Fixed Savers.

wiseonesomeofthetime

Qyburn said:

Zopa ladder loophole blocked. 

In what way?

The latest app update does not allow you to deposit money into a pot upon which notice has been given.

So, in essence, when pot A matures, you cannot transfer the funds to pot B which has notice on to mature a few days/weeks later. It would have to be a full 31 or 95 days again.

Band7

wiseonesomeofthetime said:

Qyburn said:

Zopa ladder loophole blocked. 

In what way?

The latest app update does not allow .....

So far, it's only been reported for iOS. Android still appears to work. So there's an outside chance they made a mistake in the iOS app.......

ToastLady

wiseonesomeofthetime said:

Qyburn said:

Zopa ladder loophole blocked. 

In what way?

The latest app update does not allow you to deposit money into a pot upon which notice has been given.

So, in essence, when pot A matures, you cannot transfer the funds to pot B which has notice on to mature a few days/weeks later. It would have to be a full 31 or 95 days again.

Thanks, obviously my app hasn't been updated yet. I'm on android