Zopa Blog
Your Personal Savings Allowance Explained
Just like most other forms of income, you may need to pay tax on the interest you earn from saving. But there are plenty of legitimate ways to reduce that tax – often to zero. One of the most useful tools is your personal savings allowance (PSA): a chunk of savings interest you can earn each year completely tax-free. There are also other allowances and tax wrappers – like Zopa’s Cash ISA – that can help keep your tax bill low. We've put together this guide to walk you through the essentials, so you can make the most of what's available to you.
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Balanced vs Bold: Which fund is right for you?
Choosing a ready-made investment fund is a quick, easy and affordable way to start investing. It takes a lot less time and experience than making your own investment portfolio from scratch, and it’s cheaper than having someone personally manage one for you. At Zopa, we offer two ready-made funds: Balanced and Bold. All you need to do is pick the one that suits you and the risk level you’re looking for. Here’s more information to help you choose.
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Should I save or invest?
Every other social media influencer seems to be investing – or so the algorithm would have you believe, anyway. And with investing more accessible than ever (thanks to digital platforms), it’s tempting to join them. But whether to save or invest your money is a personal choice – one that depends on your financial situation, your short-term needs, and your long-term goals. In this guide, we’ll help you decide which makes sense and when.
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A beginner's guide to shares
Chances are, you've heard of shares. They're one of the most widely known types of investment but that doesn't mean they're widely understood. The industry jargon might put many people off, while others balk at the seemingly mysterious movements of the stock markets. Here, we cut through the jargon and mystery to explain shares in simple terms.
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Understanding market crashes
Rumours of a stock market crash can feel unsettling. It doesn’t help that news and social media seem to be competing to maximise the drama. But here’s the thing: most people will live through multiple crashes in their lifetime. Experiencing one for the first time is almost an investing rite of passage.Once you know what starts a crash, how long it’s likely to last and what happens afterwards, the idea of one probably won’t feel as daunting.
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Zopa Bank delivers £65 million profit in 2025
2025 was a big year for Zopa — not just in numbers, but in what those numbers represent. We delivered £65 million in underlying profit before tax, nearly doubling our 2024 performance. It marks our third full year of profitability, and another step forward in building what we’ve always set out to create: the Home of Money.
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ISAs explained
An Individual Savings Account (ISA) is a way to save or invest money without paying tax on the interest or returns you earn. Nearly half of UK adults have one – and for good reason. But there are quite a lot of rules about opening and contributing to an ISA and – just to keep you on your toes – these rules can change from year to year. But don’t let that put you off. This guide explains everything clearly and simply.
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