Zopa not listed on Easy Access Cash ISA? Why?

jungleboy123

Zopa is paying 5.08% Easy Access via SMART ISA but its not on my MSE top page? Just wondering why this is before i commit....

One part of my brain says there's valid serious reason why, the other just says go for it!

I don't normally post when there's stuff not listed, just this time because I need to get my ISA shifted, having spent ages getting the dozen or so merged lol.

eskbanker

The MSE listing is split into 'standard' products, headed by Charter Savings at 4.97%, and then app-based ones, headed by Plum at 5.17% - the Zopa rate is beaten by the top two in the latter.

jungleboy123

eskbanker said:

The MSE listing is split into 'standard' products, headed by Charter Savings at 4.97%, and then app-based ones, headed by Plum at 5.17% - the Zopa rate is beaten by the top two in the latter.

Thanks. I think it would have been useful to have Zopa there as one drops your rate with transfers in and the other doesnt allow transfers in. I am doing a large transfer so would have missed the Zopa deal...

I guess cant have everything

eskbanker

jungleboy123 said:

eskbanker said:

The MSE listing is split into 'standard' products, headed by Charter Savings at 4.97%, and then app-based ones, headed by Plum at 5.17% - the Zopa rate is beaten by the top two in the latter.

Thanks. I think it would have been useful to have Zopa there as one drops your rate with transfers in and the other doesnt allow transfers in. I am doing a large transfer so would have missed the Zopa deal...

I guess cant have everything

The MSE approach is to mention a very small subset of leading accounts in any category, and so is inevitably less comprehensive than fully functional comparison sites such as MoneyFacts:

https://moneyfactscompare.co.uk/isa/easy-access-cash-isas/?quick-links-first=false

jungleboy123

eskbanker said:

jungleboy123 said:

eskbanker said:

The MSE listing is split into 'standard' products, headed by Charter Savings at 4.97%, and then app-based ones, headed by Plum at 5.17% - the Zopa rate is beaten by the top two in the latter.

Thanks. I think it would have been useful to have Zopa there as one drops your rate with transfers in and the other doesnt allow transfers in. I am doing a large transfer so would have missed the Zopa deal...

I guess cant have everything

The MSE approach is to mention a very small subset of leading accounts in any category, and so is inevitably less comprehensive than fully functional comparison sites such as MoneyFacts:

https://moneyfactscompare.co.uk/isa/easy-access-cash-isas/?quick-links-first=false

Someone else linked me this site on another thread (thats where i found the Zopa rate) but i was a bit skeptical, therefore waited today to let MSE update the EAISA page, but now i understand why its not on there - thanks so much.

friolento

I prefer the Zopa ISA to the Plum one because I think the T&Cs are cleaner, i.e. less confusing, and there is the nasty rate drop if you transfer into Plum. Though if you do mix Zopa easy access and fixed term, you could hit a problem if you want to transfer out before maturity of the fixed term one. They insist on you transferring both, easy access and fixed term, and there will be a penalty for transfer before maturity.

friolento

NB. there is a dedicated ISA board which you might find hepful: https://forums.moneysavingexpert.com/categories/isas-tax-free-savings

PRAISETHESUN

There's also a dedicated thread for Cash ISAs on said board which might be useful:

https://forums.moneysavingexpert.com/discussion/401374/cash-isas-the-best-currently-available-list/p1

Nasqueron

eskbanker said:

jungleboy123 said:

eskbanker said:

The MSE listing is split into 'standard' products, headed by Charter Savings at 4.97%, and then app-based ones, headed by Plum at 5.17% - the Zopa rate is beaten by the top two in the latter.

Thanks. I think it would have been useful to have Zopa there as one drops your rate with transfers in and the other doesnt allow transfers in. I am doing a large transfer so would have missed the Zopa deal...

I guess cant have everything

The MSE approach is to mention a very small subset of leading accounts in any category, and so is inevitably less comprehensive than fully functional comparison sites such as MoneyFacts:

https://moneyfactscompare.co.uk/isa/easy-access-cash-isas/?quick-links-first=false

There is also an element of balancing customer benefits vs the ones they can get commission on to help run the site, it's the same with the balance transfer cards, uswitch has a couple MSE don't mention

jungleboy123

Nasqueron said:

eskbanker said:

jungleboy123 said:

eskbanker said:

The MSE listing is split into 'standard' products, headed by Charter Savings at 4.97%, and then app-based ones, headed by Plum at 5.17% - the Zopa rate is beaten by the top two in the latter.

Thanks. I think it would have been useful to have Zopa there as one drops your rate with transfers in and the other doesnt allow transfers in. I am doing a large transfer so would have missed the Zopa deal...

I guess cant have everything

The MSE approach is to mention a very small subset of leading accounts in any category, and so is inevitably less comprehensive than fully functional comparison sites such as MoneyFacts:

https://moneyfactscompare.co.uk/isa/easy-access-cash-isas/?quick-links-first=false

There is also an element of balancing customer benefits vs the ones they can get commission on to help run the site, it's the same with the balance transfer cards, uswitch has a couple MSE don't mention

My naivety... I keep referring to the MSE site like its the (insert religious book here). I forget its also a site that needs to make commission so it cant offer everything, have to shop around.

Thanks for opening my eyes a little 

jameseonline

But MSE clearly marks things they get money from so I don't think that has much baring on things if at all.

I think MSE features the main accounts ie banks/building societies/app based etc that most people will have heard of such as Santander, HSBC.

It also features lesser known names such as Cahoot (Santander in disguise) , Zopa, Chip, Paragon etc.

Zopa have been featured before on MSE for their Instant Access account.

Things can move quick in savings etc terms then slow down then quick again.

Realistically you can't expect MSE to keep up as it's not solely a bank savings site, it's a mix of things if that makes sense.

You do have the power to help change what's on the site whether it's an out of date account still being featured or there's a new account you want featured etc.

It's the broken link email address, however give them enough reasons to feature your suggestion/s, more they have the more likely they are to feature. 

You aren't guaranteed a reply to emails & just because they won't feature something now it doesn't mean they won't in the future.