Zopa biscuit account with 2% on DD

SFCooper

https://forums.moneysavingexpert.com/discussion/comment/81996130#Comment_81996130

I’m grateful I’m still on my 3% cashback on DDs (max £90).

SFCooper

https://forums.moneysavingexpert.com/discussion/comment/81976977#Comment_81976977

I checked with live chat, they claimed it would reduce to 2%, put an official complaint in and they confirmed live chat was wrong.

They confirmed it will remain at 3% and gave me £50 compensation for the hassle.

winkowinko

https://forums.moneysavingexpert.com/discussion/comment/81996352#Comment_81996352

Are you paying genuine household bills from the account or doing the Moneybox swindle?

flaneurs_lobster

https://forums.moneysavingexpert.com/discussion/comment/81996743#Comment_81996743

Swindle? Seems a little pejorative.

May I suggest "simplification" as a better descriptor?

winkowinko

https://forums.moneysavingexpert.com/discussion/comment/81996750#Comment_81996750

It wasn't meant in a bad way Flaneurs ;)

The_Groat_Counter

https://forums.moneysavingexpert.com/discussion/comment/81996130#Comment_81996130

Am a bit cheesed off as I just opened a Zopa Biscuit account a couple of months ago, meaning I get the 2% cashback on DDs (up to £30 a year) - which I had thought was reasonably nifty - but now this significantly better offer comes along for newcomers to the account.

I'm guessing there's probably no way to weedle myself in and so benefit from this superior 4% DD cashback (up to £80 a year) offer…?

HillStreetBlues

https://forums.moneysavingexpert.com/discussion/comment/81996354#Comment_81996354

The 3% is still showing and can't open a RS, so does look like I'm keeping the £90-3% which for me is far better than the RS and £30-2%

winkowinko

https://forums.moneysavingexpert.com/discussion/comment/81996849#Comment_81996849

No way of upgrading to the 4% as far as I am aware, but you used to be able to get the 2% cashback in one transaction by moving £1500 to Moneybox by direct debit, so an instant £30. You could do this once a year.

They recently changed the rules on cashback to £125 per month (still £1500 per year), so you'd now have to do 12 transactions now rather than one.

fly-catchers

I finally got my 2% cashback and despite the change in the T&Cs I got the full £30 in one go after doing a single £1500 DD payment from Moneybox.

SFCooper

https://forums.moneysavingexpert.com/discussion/comment/81996743#Comment_81996743

I do x2 £1500 DD’s to Moneybox, collect the cashback, then leave the account dormant for the rest of the year.