Zopa Current account

mab3000

Has anyone received an email offering £5 when you spend with the debit card through Apple Pay, and received the £5? Just says spend on the card within 1 week of receiving the email. Doesn’t say about when you’d get it once you spend on it or there being a minimum spend which I found unusual 

flaneurs_lobster

mab3000 said:

Has anyone received an email offering £5 when you spend with the debit card through Apple Pay, and received the £5? Just says spend on the card within 1 week of receiving the email. Doesn’t say about when you’d get it once you spend on it or there being a minimum spend which I found unusual 

No link to T&Cs?

Annoying since there's no links on the Zopa website to access information about the Current Account product (it's in beta, which shouldn't IMHO make it impossible to look up the terms).

wmb194

mab3000 said:

Has anyone received an email offering £5 when you spend with the debit card through Apple Pay, and received the £5? Just says spend on the card within 1 week of receiving the email. Doesn’t say about when you’d get it once you spend on it or there being a minimum spend which I found unusual 

Yes, late last year. I spent a little less than £7 at the supermarket via ApplePay and then received the £5 cashback on the same date one month later.

mab3000

flaneurs_lobster said:

mab3000 said:

Has anyone received an email offering £5 when you spend with the debit card through Apple Pay, and received the £5? Just says spend on the card within 1 week of receiving the email. Doesn’t say about when you’d get it once you spend on it or there being a minimum spend which I found unusual 

No link to T&Cs?

Annoying since there's no links on the Zopa website to access information about the Current Account product (it's in beta, which shouldn't IMHO make it impossible to look up the terms).

There is no T&Cs in the email or a link to them at all, only the link to their privacy policy and their help page, which just takes you to the frequently asked questions about all their products - none have any information about this offer. 

NameWithheld

Zopa will start charging a 2% non-UK cash withdrawal fee on 9th June if you withdraw more than £200 over 30 days

mab3000

mab3000 said:

Has anyone received an email offering £5 when you spend with the debit card through Apple Pay, and received the £5? Just says spend on the card within 1 week of receiving the email. Doesn’t say about when you’d get it once you spend on it or there being a minimum spend which I found unusual 

Update- got my £5 for using apple pay for the first time today (and I spent less than £5 on the transaction that I carried out to get this offer) 

Also received the below email today. Not really sure what they got wrong for me to be honest as think this looks the same as when I signed up, but I’ll take the £30 if they want to give it to me lol 

You recently opened a Zopa bank account—welcome, we’re really excited to have you on board. However, we’ve spotted a technical error that means some of the features of your account are slightly different from what we’d advertised. That shouldn’t have happened, and we’re really sorry for the confusion. As an apology, and to make sure you’re not missing out on value as a result of this error, we’re going to apply £30 to your account shortly.

Your bank account

To confirm, these are the features you’ll benefit from with your Zopa bank account: An exclusive 7.5% AER* Regular Saver pot You’re eligible to open an exclusive Regular Saver pot that comes with a rate of 7.5% AER* (7.25% gross**). You can save up to £300 a month and withdraw your money anytime. 2% AER* interest on your balance As soon as you add money to your account, you’ll start earning 2% AER* (1.98% gross**) interest on it.   2% cashback on Direct Debits    You’re eligible to earn 2% cashback on up to £1,500 of Direct Debits per year. This covers all Direct Debits, not just household bills.

And just so you’re aware, there’s no fee for opening your account.

c_beam

mab3000 said:

Update- got my £5 for using apple pay for the first time today (and I spent less than £5 on the transaction that I carried out to get this offer) 

Thanks for the update - does anyone know if the £5 reward also applies to Google Pay / Android phones?

HillStreetBlues

Opened on the 1st, debit card arrive on the 3rd and 2 DD I set up already showing.

MrFrugalFever

I have opened the Zopa Current Account and Regular Saver now (it seemed as though I had to 'opt in' to all their marketing to be eligible. A very simple and straightforward process, a quick selfie and couple of pics of a Gov ID - i used drivers licence.

Opened up saver and deposited £300. Lovely jubbly!

Now need to come up with a plan for the DD offer....I have moneybox so perhaps that is one to utilise.

Bridlington1

MrFrugalFever said:

I have opened the Zopa Current Account and Regular Saver now (it seemed as though I had to 'opt in' to all their marketing to be eligible. A very simple and straightforward process, a quick selfie and couple of pics of a Gov ID - i used drivers licence.

Opened up saver and deposited £300. Lovely jubbly!

Now need to come up with a plan for the DD offer....I have moneybox so perhaps that is one to utilise.

Pretty much any DD'll do. One thing to note is Tembo doesn't let you set up a DD from a Zopa current account, also Zopa don't allow you to go into an unarranged OD so if you don't have sufficient funds when the DD is due to be taken it shall bounce regardless of whether you deposit funds later in the day.

Moneybox take the DD from Zopa around 3-4am in my experience so if you are wishing to get the cashback whilst minimising interest loss I'd get the funds into Zopa by around 2am on the day the DD is due to be taken.