Zopa Regular Saver UK - 7.10% AER
Last updated: 8 June 2026
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The Zopa Regular Saver pays 7.10% AER (variable) for 6 months on deposits up to £300 a month. It is currently one of the higher regular saver rates in the UK. To access it you need a Zopa Biscuit current account, which is free to open in the Zopa app.
The rate is variable and deposits are capped at £300 a month, so the headline rate applies to a fairly small balance.
Heads up: this page is for guidance only and does not constitute financial or savings advice. CoolCuration is not authorised by the Financial Conduct Authority. Rates change, terms vary, and tax may apply on savings interest above your Personal Savings Allowance.
What is the Zopa Regular Saver?
The Zopa Regular Saver is a 6-month savings pot from Zopa Bank. You deposit up to £300 a month, and the balance earns 7.10% AER (variable). Interest is calculated daily and paid monthly.
It is not a standalone product. The Regular Saver sits inside the Zopa app and is only available to people who already hold a Biscuit current account.
After 6 months, the Regular Saver matures. You can renew if Zopa is still running the same deal. If not, the balance moves into Zopa's standard Smart Saver pot at the prevailing easy-access rate.
How much could you earn?
If you maxed out the £300 monthly deposit for the full 6 months, you would put in £1,800 and earn around £36 in interest. Roll it over for another 6 months at the same rate and you would earn roughly the same again, totalling £72.92 across the year. That is the figure Zopa quotes on its own product page, and it assumes the rate stays the same when you renew, which is not guaranteed.
That is gross interest. Whether you owe tax on it depends on whether your total savings interest crosses the Personal Savings Allowance (£1,000 for basic rate taxpayers, £500 for higher rate, £0 for additional rate).
How to get the Zopa Regular Saver
The setup has three steps. None of them are difficult, but they need doing in order.
- Open a Zopa Biscuit current account in the Zopa app. This is the gateway. The Biscuit account is free, has no monthly fees, pays 2% AER (variable) on the current account balance, and earns 2% cashback on your Direct Debit bills (up to £30 a year; Zopa has at times run a higher promotional rate, so check current terms).
- Open a Smart Saver pot inside the Zopa app. The minimum deposit is £1.
- Open the Regular Saver from the same Apply tab. Set your monthly deposit (anywhere up to £300) and the pot starts earning 7.10% AER (variable).
Is there a sign-up bonus?
Not through us at the moment. Our Zopa Biscuit referral has paused, so there is no £10 joining bonus here for now. You can see the current status on our Zopa Biscuit referral page, and we will restore a link if the scheme returns.
If a sign-up bonus is what you are after, our live Monzo offer is the current one, a randomly chosen amount between £5 and £50 (most people receive around £10). Monzo does not offer this regular saver, though, so for the 7.10% rate itself you would open Biscuit directly.
Key features at a glance
- Rate: 7.10% AER (variable) for 6 months
- Monthly cap: £300
- Maximum deposits over 6 months: £1,800
- Access: Easy access, you can withdraw any time
- Interest: Calculated daily, paid monthly
- Term: 6 months, with the option to renew if still available
- Eligibility: UK resident, 18+, with a Zopa Biscuit current account
- Protection: Eligible deposits protected up to £120,000 per eligible person per UK-authorised bank, building society or credit union by the FSCS (since 1 December 2025)
The honest catches
It is not all upside. Here is what to be aware of.
The £300 cap limits the headline earnings. You cannot pile a lump sum in. Compared to fixed bonds or the Cash ISA route, the absolute amount you earn is fairly modest.
The rate is variable. Zopa can change it during the 6 months, though regular saver rates tend to be sticky.
You need a Biscuit account first. If you do not want to switch or run a second current account, that is friction. The Biscuit account is useful in its own right (2% AER on balance, 2% cashback on Direct Debit bills, fee-free spending abroad), but it is still another account to manage.
After 6 months the rate drops. Maturing balances move to the Smart Saver at the easy-access rate. You would need to either renew (if available) or move the money elsewhere to keep the same yield.
Is Zopa safe?
Zopa Bank is FCA regulated, and eligible deposits are protected up to £120,000 per eligible person per UK-authorised bank, building society or credit union by the FSCS (since 1 December 2025).
If you already hold money with Zopa Bank elsewhere (Smart Saver, fixed-rate bonds, the Biscuit current account), the £120,000 limit is shared across all of it. For the deeper dive, read our is Zopa Biscuit safe piece.
How does it stack up?
For a like-for-like comparison with Zopa's main current-account rival, see our Zopa Biscuit vs Chase head-to-head. For the wider UK market, our guide to the best UK savings accounts covers fixed-rate, easy-access, and ISA options.
If you are using the Regular Saver alongside other goals, like clearing a mortgage faster, run the numbers in our mortgage overpayment calculator first to see whether overpaying or saving comes out ahead at your specific rates.
Frequently asked questions
What is the current Zopa Regular Saver rate?
7.10% AER (variable) for 6 months, on deposits up to £300 a month. Rates can change at any time, so always check Zopa's site before depositing.
Do I need a Biscuit account to use the Zopa Regular Saver?
Yes. The Regular Saver is only available inside the Zopa app to people who hold a Biscuit current account. You will also need to open a Smart Saver pot first (with a £1 minimum deposit).
Is there a Zopa sign-up bonus right now?
Our Zopa Biscuit referral has paused, so there is no £10 bonus through us at the moment. For a current bank sign-up bonus, see our Monzo offer. You can still open Biscuit directly to access the Regular Saver.
What happens after 6 months?
The Regular Saver matures. If Zopa is still running the same offer, you can renew. Otherwise, the balance moves to the Smart Saver pot at the prevailing easy-access rate.
Can I withdraw my money early?
Yes. The Regular Saver is easy access, so you can take money out whenever you need it. Penalties do not apply, though dipping in obviously slows the compounding.
Will I pay tax on the interest?
Possibly. Basic rate taxpayers can earn £1,000 in savings interest per tax year before tax applies, falling to £500 for higher rate taxpayers and £0 for additional rate. If you stay below your allowance, the interest is tax-free. The Regular Saver itself is not an ISA, so it does not have the ISA tax wrapper.
Is the Zopa Regular Saver FSCS protected?
Yes. Zopa Bank is FCA regulated, and eligible deposits are protected up to £120,000 per eligible person per UK-authorised bank, building society or credit union by the FSCS (since 1 December 2025). If you already hold money with Zopa Bank elsewhere, the £120,000 limit is shared across all of it.
How much could I earn in 12 months?
If you deposit the maximum £300 each month for two consecutive 6-month terms, you would earn £72.92 in interest at 7.10% AER, on total deposits of £3,600. That is Zopa's own published figure, and it assumes the rate stays the same when you renew, which is not guaranteed.
More savings and money tools
- Chase refer-a-friend code: the alternative current account if you would rather skip the Biscuit setup.
- Best savings options for the new tax year: how to structure your savings around ISAs and the Personal Savings Allowance.
- Chip app review: an automated savings app for spare-change saving.
- Chip app guide: the detail page on the Chip app and its current sign-up offer.
This page is for informational purposes only and does not constitute financial or savings advice. Rates and terms can change at any time, so always check the latest figures with Zopa directly before opening an account, and check whether the product fits your circumstances. If you are unsure whether it is right for you, consider speaking to a qualified financial adviser. CoolCuration is not authorised by the Financial Conduct Authority. This page may contain affiliate or referral links; where it does, we may earn a referral fee at no extra cost to you. Our Zopa Biscuit referral is currently paused.
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