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Zopa Bank current account plus savings at 7.5%
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kirkytracy
Posts: 3 Newbie


My partner has just received an email from Zopa offering him a current account with linked savings at 7.5%.
Has anyone had any experience with Zopa as a current and savings account customer? We are saving for a holiday to Australia and so want to get as much help as we can with interest but when I searched Zopa on here there were a few comments about people not being able to get there money out which was a bit worrying. Although I think I understand that they used to be peer to peer but are now a bank, have I got that right?
Has anyone had any experience with Zopa as a current and savings account customer? We are saving for a holiday to Australia and so want to get as much help as we can with interest but when I searched Zopa on here there were a few comments about people not being able to get there money out which was a bit worrying. Although I think I understand that they used to be peer to peer but are now a bank, have I got that right?
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Comments
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Zopa are a well known bank on this forum and perfectly fine. You can find plenty of Zopa discussion here, for example on https://forums.moneysavingexpert.com/discussion/6558436/zopa-current-accountThe linked savings account is a Regular Saver, meaning it has a maximum monthly deposit limit (£300) and runs for 12 months.
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They also have a market leading EA ISA paying 5.01%.2
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kirkytracy said:My partner has just received an email from Zopa offering him a current account with linked savings at 7.5%.
Has anyone had any experience with Zopa as a current and savings account customer? We are saving for a holiday to Australia and so want to get as much help as we can with interest but when I searched Zopa on here there were a few comments about people not being able to get there money out which was a bit worrying. Although I think I understand that they used to be peer to peer but are now a bank, have I got that right?0 -
subjecttocontract said:They also have a market leading EA ISA paying 5.01%.
That rate only lasts for 3 months. Then drops to a highly uncompetitive 3.8%.4 -
kirkytracy said:My partner has just received an email from Zopa offering him a current account with linked savings at 7.5%.0
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kirkytracy said:My partner has just received an email from Zopa offering him a current account with linked savings at 7.5%.0
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Qyburn said:kirkytracy said:My partner has just received an email from Zopa offering him a current account with linked savings at 7.5%.0
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friolento said:subjecttocontract said:They also have a market leading EA ISA paying 5.01%.
That rate only lasts for 3 months. Then drops to a highly uncompetitive 3.8%.2 -
subjecttocontract said:friolento said:subjecttocontract said:They also have a market leading EA ISA paying 5.01%.
That rate only lasts for 3 months. Then drops to a highly uncompetitive 3.8%.0 -
Yes real!y. Do let us know if you find out. Perhaps it's only offered to existing account holders.0
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