Zopa introduces 'hybrid' savings account

This looks like a slightly different proposition on savings, but with interest rates remaining so low and inflation so high it still doesn’t look like a super-attractive place to stash your cash.

Agreed. In addition, the article states:

The Zopa Smart Saver is the bank’s second savings product. It follows the launch of the Zopa Fixed Rate Savings account that amassed £1 billion in customer savings in only 18 months, topping the savings tables 15 times.

Must say I’ve not seen Zopa figure in any savings tables, let alone topping them.

Good luck to them, but not for me……

It also appears to have a limit of £15,000. I suppose that’s probably enough for their target demographic but not for old buggers like me :slight_smile:

They should have kept the lending product.

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I think they mean topping the tables in terms of deposits, not rates or best buy

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Yes - makes sense.