What happens when my Fixed Term Savings account ends?
Updated 1 year ago
We’ll get in touch to let you know when your Fixed Term Savings account is about to complete.
On the day your savings account matures, we’ll transfer your funds to your holding account. You’ll then have two options:
- Re-save a portion or all of your funds into a new Zopa Fixed Term Savings account.
- Withdraw all your funds to your nominated bank account.
Please note that if you choose to withdraw, you’ll need to withdraw the total holding balance to your bank account. So if you want to re-save a portion of your funds, you’ll need to do this first before withdrawing.
To access your holding account, please follow the steps below:
- Log in to your account
- Click on the Fixed Term Savings accounts blue banner.
- Select the holding account. From there, you’ll be able to see your funds, along with the options to either re-save or withdraw.
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