Overview

• The Biscuit current account pays 2% AER interest on balances and offers 2% cashback on up to £1,500 of household bill direct debits each year.
• A linked regular saver yields 7.10% on deposits of up to £300 per month before converting to a 3.50% easy access account after 12 months.
• Customers benefit from fee-free overseas spending alongside full FSCS protection on their deposits.
• The launch marks Zopa’s move from savings, loans and credit cards into everyday banking under its “go deep before go broad” strategy.
• Research indicates that 24% of UK consumers chase cashback deals and 19% juggle multiple accounts to secure better value.