Fixed Term Savings accounts

Safe, certain, simple

Set aside a lump sum for 1 to 5 years and know exactly what interest rate you’ll get

  • Start saving from £1,000

  • Earn a fixed rate of interest for the full term

  • Your money is protected up to £85,000 by the Financial Services Compensation Scheme

Learn more

Here are our current rates


Please note, our Fixed Term Savings accounts are not ISAs. To open a Fixed Term ISA, you'll need to download the Zopa app. Find out more

1 Year at

5.00%AER* Fixed | 4.88% Gross**

2 Years at

4.76%AER* Fixed | 4.65% Gross**

3 Years at

4.50%AER* Fixed | 4.40% Gross**

4 Years at

4.30%AER* Fixed | 4.21% Gross**

5 Years at

4.30%AER* Fixed | 4.21% Gross**

The interest rate is fixed for the full term. Interest is paid monthly into your Fixed Term Savings account and can be accessed at the end of the term.

You can save between £1,000 to £250,000 in each Fixed Term Savings account, up to a total of £500,000.

*AER stands for 'annual equivalent rate'. We pay you interest on a monthly basis, but AER shows you the rate you’d get if this monthly interest was compounded and paid once a year instead. We provide an AER to make it easier for you to compare our rates with other providers. 

**Gross is the rate of interest we apply to your money, before any tax is taken off.

The interest rates shown may change if we update them whilst you’re browsing.

You can view the full terms and conditions for our Fixed Term Savings accounts here.

Your money's secure

Your eligible deposits, meaning the money you hold with Zopa, are protected up to a total of £85,000 by the Financial Services Compensation Scheme (FSCS), the UK's deposit guarantee scheme. Any money you hold above this limit is unlikely to be covered.

Please ask for further information or visit

Why choose us

Quick and simple setup

Open an account online in just a few minutes.

14 days to pay in

Top up your savings as many times as you like for 14 days before the term starts.

Earn extra interest

We pay interest on your money as soon as it lands in your account. That's up to two weeks of extra interest on any money you pay in.

Watch your money grow

Keep tabs on your savings 24/7 in your online account.

People often ask us

Save with confidence

UK Finance Member

Best Personal Loan Provider

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4.5 / 5 out of 25,000+ reviews

500k Active Zopa Customers

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Best Customer Service 2018

How we do things

We’re Zopa, and we want to make money work better for you.

Our diverse team is united in their mission of creating simple, fair and honest financial products that have the customer’s needs at their heart.

We do this by listening to what our customers don’t like about finance and doing the opposite. That’s why we never hide fees and have binned the charges that punish customers for doing the right thing – like paying a loan back early. It’s also why we like to keep things so simple that customers can open a Fixed Term Savings account in the time it takes to brew a tea.

We’ve always been unapologetically honest with our customers, and value the same in return. Their feedback helps us shape what we build, so we can provide a bank fit for today, and for the future.

We’ve lent out over £6 billion and are proud to have made money work better for over half a million people across the UK.