By John Reynolds on Wednesday 23 February 2022
Called the Smart Saver, it offers multiple interest rates, depending on how frequently savers want access to their savings.
Zopa has launched its second savings account, claiming to offer the best interest rates in the market.
Called the Smart Saver, it offers multiple interest rates, depending on how frequently customers want access to their savings.
Zopa’s immediate access saver comes with a 0.72 per cent rate; a seven-day notice with 0.75 per cent; a 31-day with 0.85 per cent; and a 95-day notice with a 1.05 per cent rate.
Zopa claims that all, bar the immediate access saver, are market-leading interest rates.
According to MoneySupermarket, the leading immediate access saver is Atom, with a 0.75 per cent interest rate.
"By building on the foundations of the easy access account but evolving it, Zopa offers a higher interest rate in a sustainable manner. At the same time, it gives users control over how and when they access their money based on their goals."