Zopa Current account

friolento

Can you do a CASS switch, or is that also not available yet?

Though what’s the urgency for closing this account? It doesn’t come with any charges or commitments, so can‘t it just sit there in a dormant state?

Stargunner

oldagetraveller1 said:

ThePirates said:

oldagetraveller1 said:

Good luck trying to close a current account with Zopa, it's just like staying at the Hotel California!

Why would I want to close it, it's got a linked 7.5% savings account?

My post was not aimed at any particular individual, just a general remark.

However, it's impossible to close it if one so wishes. It really is.

Direct from the horse's mouth, so to speak. Their question marks.

"??????The Zopa Bank Account is currently in a Beta phase and one of the features we are still building is the ability to fully close your account."

"They livin' it up at the Hotel California"

"You can check-out any time you like
But you can never leave!"

It is s Beta version, so it is expected to not have all the functions available yet. 

What is the rush to close it, as it doesn’t cost anything to keep it open?

figgyc

I don't know about closing the current account, but you can close the regular saver in the app easily if you want to (ie to shift the dates for tax reasons).

Smart Savings Hub -> regular saver pot -> ... at the top right -> Delete pot

Although I haven't tried this and haven't seen anyone who has, so unsure if you can open a new one after doing this?

gt94sss2

oldagetraveller1 said:

ThePirates said:

oldagetraveller1 said:

Good luck trying to close a current account with Zopa, it's just like staying at the Hotel California!

Why would I want to close it, it's got a linked 7.5% savings account?

My post was not aimed at any particular individual, just a general remark.

However, it's impossible to close it if one so wishes. It really is.

Just bear in mind that when Zopa do build the facility to close accounts, you may not want to do so. 

There are many people who opened and closed Chase accounts only to discover that they can't rejoin and open a new account with them (as Chase haven't built that functionality!) and they are not the only financial institutions who place restrictions on customers rejoining.

where_are_we

Would this work to gain the £30 cashback on Zopa Current account? Set up a £1500 regular payment from ZCA to Vanguard Personal Pension and then cancel the regular payment soon after the first payment has been made. I assume the regular payment is a direct debit. Also I only want to contribute this tax year £2880 (being retired). I will make another single payment of £1380 before the end of this tax year.

enterprising2016

Has anyone received cashback from ZOPA for direct debit payments? Did it take long? Thank you

flaneurs_lobster

enterprising2016 said:

Has anyone received cashback from ZOPA for direct debit payments? Did it take long? Thank you

Yes, paid same month as earned, on month anniversary of opening current account (together with any interest earned).

trickydicky14

enterprising2016 said:

Has anyone received cashback from ZOPA for direct debit payments? Did it take long? Thank you

Not sure if it was due to the date my DD went out but I got my £30 two days later, I wasn't expecting that.

poshrule_uk

Barclays are not recognising my Zopa account details.

Is there any way around this?

PRAISETHESUN

poshrule_uk said:

Barclays are not recognising my Zopa account details.

Is there any way around this?

qbadger said:

https://www.zopa.com/help/article/known-issues-beta-zopa-account

There are some teething problems, which are expected given current accounts are still in beta. Not much you can do apart from contacting Zopa I believe