Zopa Bank Chat

OakNorth are also very competitive on notice accounts, especially 90 day (which is 3 months if you give immediate notice after opening). Only £1 deposit required again, unlike some other institutions which require £1k (Shawbrook), £5k (Investec) or even £10k (Allica).

Also offer monthly interest, and on both web and app platforms. And decent customer service. Have I covered everything?

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What’s Oaknorth’s 90 day rate?

2.21%

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Just noticed that Zopa is also doing car finance now as well. Is that new? The app update mentioned ‘managing your car finance through the app now as well’ so I think maybe it was something you could do previously through their main website and now added it to the app?

28 August for me:

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Well somebody needs to pay for my savings interest

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I’m sure there’s more people paying interest on their balances, than there is those paying in full every month :sweat_smile:

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Does anyone know if interest is calculated and paid during the notice period for withdrawals in the 31 and 95 day accounts?

Yes it must be as I gave notice on opening and still received interest.

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Any idea if it’s at 1.81% standard rate or at the boosted rate during the notice period?

My boosted pot interest calculates at the boosted pot rate :+1:

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Giving notice doesn’t affect the boosted interest rate - it drops to standard rate at the end of the notice period.

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Yep just got the full interest on a locked pot which I have given notice.

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I love autocorrect on a morning when my eyes are half closed too :joy:

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Yeah - that’s how I feel after last night’s Thai curry…

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I think this answers my question - thank you :joy:

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I need to check my auto text

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You edited your post, but your autocorrect shall live on in quotes … :laughing:

Anyway, that’s pretty good to know. Putting money in a 95 day notice account and giving notice straight away to get full interest is pretty good IMO :ok_hand:t2: Rinse and repeat.

Edit: 95 day notice.

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Zopa are 31 and 95 day notice accounts.

Most of mine is in the 31 day version at 1.95%

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And 7 and 0 day too.