I’ve not got the option yet - but if they don’t accept BACS or CHAPS, erm, how do you get money into the account?
I just transferred from my savings account with them, but faster payments will work.
BACS is a 3-day process mostly for paying wages, you don’t want this to pay money into your account.
CHAPS is an expensive same-day process for very high value payments, you might want this but probably not.
I think it’s Faster Payments you are referring to , and Zopa do accept those, they give you a sort code and account number through which you can transfer money using a regular Faster Payment from any bank.
The other way is to do it through the Zopa app using Open Banking, that also works well, although the reference it sets is a piece of gibberish you need to go in and fix afterwards if you care about these things.
I’m not bothered - it sounds like a half-arsed product anyway, and I don’t do ‘spending’ accounts.
7.5% regular saver is pretty good even if not bothered about the cashback
CHAPS is mostly a con imo. I’d rather my banks didn’t support it
Not supporting BACs is a bit of an issue though, surprised current accounts launch without this (but plenty seem to).
I have been offered one of these accounts but don’t think I’ll bother, I don’t like having too many accounts.
Android only?
Just received my debit card… think it’d be too colour full but I actually quite like it
Maybe it’s only Android at the moment - I’m on iOS have their credit card but don’t have invite to bank account yet
I asked on chat whether there was a way of getting put on the beta list but they didn’t seem to think so.
I have a spare Android phone so could try installing the app on there!
I’ve got the app and a savings account on the Android app, and whilst they are offering me a £35k loan at an attractive interest rate, there is no sign of the current account. It must be a limited rollout to start.
I asked them while on the phone yesterday (I quite like their hold music), they said it’s just in phases. I’m iOS with credit card and now a few £ in savings and still nothing.
I’ve cleared my funds out of Zopa due to poor customer service, so doubt I’ll get an invite
Same here. Their customer service is abysmal
I’ve not found them too bad when I’ve needed them (but then I’m not called Paul )
That must be Magic, Mike
Agree totally.
I have not been offered this but I am in iOS. I have my savings with them. Not had to contact customer service yet so can’t really comment on that.
I have a nominal amount in a savings account with them, but have had a loan with them for some time. Had to contact their customer service this week asking to remove a linked bank account that no longer exists. Service was quick and informative, but you can’t remove linked accounts it seems. In the ‘Anything else?’ part of chat I asked in passing if I could have an invite for a current account and it was ignored! I’ve been a (loan) customer of theirs on and off since 2012 so I don’t know where that puts me in their priorities!