Zopa started in 2005 as a peer-to-peer (P2P) lending company, to facilitate natural persons' access to simpler, better-value loans and investments. In 2019 Zopa obtained a banking license and since that continues its operations as Zopa Bank, alongside its P2P business. Zopa Bank offers personal and car loans, credit cards, and savings accounts.
1 year Fixed Term Savings
2 year Fixed Term Savings
3 year Fixed Term Savings
4 year Fixed Term Savings
5 year Fixed Term Savings
car loans, debt consolidation loans, home improvement loans, wedding loans
peer-to-peer investing, innovative Finance ISA
Zopa credit cards,
fixed term savings
Great bank. The app is brilliant and as the bank is expanding so is the app.
excellent to deal with, really easy to understand and pay back early with no penalties or arrangement fees and a reasonable rate of interest.
I took out a Zopa credit card to do a balance transfer based on their offer. The card was approved and sent out and I was given a limit to transfer. I attempted on a number of occasions to do the balance transfer but it failed every time. I have since contacted their customer support and after quite a delay in replying, they have told me that, "There has been some issues we have found with some transfers, even when all details have been corrected we have been unable to make the transfer. We are work on this issue but unfortunately, we have been unable to complete your transfer." And... "We do not have a timeline for this to be rectified, we are working on it now. We understand the inconvenience of this issue and have offered if you choose to close your account we will remove the hard search. We don't offer an extension of the offer I do apologise for the inconvienace." I believe that they are in breach of FSA regulations. Certainly advetising standards. Am I wrong on this?
What can I say hassle free from start to finish, when taking out the loan Zopa had the best rates, I would use again
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On this page, you can see a detailed review of Zopa Banks with reviews from real users and our experts. Zopa provides the following services: .
At the moment, Zopa rating on Finscanner is 3.8 and on Trustpilot is 4.5.