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Banking · Checked against Zopa’s own page

Zopa switch offer: 2.75% for switching to the Biscuit

Zopa Biscuit: 2.75% AER on your balance. You pick one benefit at a time and can switch between them: 2.75% AER interest on your balance, 3% cashback on eating out, or Direct Debit cashback. You cannot have all three.

2.75%
AER on your balance
  • No monthly fee
Worth knowing

You pick one benefit at a time and can switch between them: 2.75% AER interest on your balance, 3% cashback on eating out, or Direct Debit cashback. You cannot have all three.

No commission

The details

Monthly fee
No monthly fee
Who can get it
No minimum income requirement. UK residents, subject to eligibility.
Offer details
Standard balance interest is 1% AER; choosing extra interest raises it to 2.75% AER (2.72% gross) variable, paid monthly with no cap on earnings. Deposits are protected by the FSCS up to £120,000.
Source
Zopa product page Checked 17 Oct · No commission

Is Zopa any good?

The offer is one thing; the bank is another. Read William’s zopa biscuit current account review: the accounts, the fees, the overdraft rate and how Zopa compares with the other high street banks.

How MoneyHQ checked this

We read Zopa’s own page on 17 Oct and wrote down what it says: the figure, the conditions and the catch. Figures change, and the provider’s page is always the final word. The page we read is here. If you spot a difference, tell us and we will check again.