Zopa adds smart ISA to its savings products
IN BRIEF:
- Users will be able to manage their account alongside their other Zopa savings options in the app
- They will also be able to split their ISA allowance over up to 20 savings ‘pots’
- Currently the access ISA pot has an interest rate of 3% AER, while the fixed term pots range between 4.65% and 4.75%
What does this mean?
So far Zopa has attracted £3.5bn in deposits, has more than £2bn of loans on its balance sheet and issued more than 400,000 credit cards
