Simply offer money at 6% or less in the A*36 month market, or at 7% or less in the A36 month market.
You can make a new lending offer or even change the rates of an existing one to qualify. But either way, you need to get your money on the marketplace before 11.59pm on 30th June 2007, and lend it out to borrowers at that rate thereafter.
What will the 0.5% bonus actually do?
In the A*36 market, if you offered at 6% then the bonus would increase your expected return to 5.5% (after predicted bad debt of 0.5% and the 0.5% lender fee).
And in the A36 market, if you offered at 7% then the bonus would increase your expected return to 6.1% (after predicted bad debt of 0.9% and the 0.5% lender fee).
How will you know if you've qualified?
Once you've signed in to your account and got to the Custom Lending page, a blue box that says ‘Bonus Applies' will pop up when your rates are right. It'll look a bit like this:
Got questions about any old bonuses?
Then click right here.
Zopa reserves the right to amend, withdraw or extend any or all elements of this promotion at any time, without prior notice.
