What is 'Boost' and when can I access my savings?
Updated 6 months ago
Boosting is a unique feature of the Smart Saver account, which allows you to increase the interest rate you receive. In return for the extra interest, you need to give notice within the app before you can access your savings. The longer the notice period, the higher the interest rate.
If you have a Smart Saver account, you can create a Boosted pot by following the steps below:
Open a pot and give it a name
Tap ‘Boost’ or ‘Increase Boost’ inside the pot
Choose a notice period of 7, 31 or 95 days
From that date onward, money in a Boosted pot will earn a higher interest rate
When you need to access the money in a Boosted pot, here’s what to do:
Simply give notice inside the Zopa app
Your pot will tell you when your savings will be available to access
Once your notice period ends, your Boosted pot will become an Access pot, and you’ll be able to Boost again or withdraw your savings to your linked bank account.
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