So refreshing and simple. However, if you have a decent credit history you may qualify for a more competitive travel credit card deal that has a lower representative APR. Find answers to our most frequently asked questions. So instead of opening your laptop, you can effortlessly manage your Zopa loan, credit card or fixed term savings account, in a few taps of your phone.• Check your balances instantly and securely with Touch ID and Face ID• Make loan or credit card payments in a few taps• See where you’re at with your savings or investment• Get your Borrowing Power, a 1-10 rating that shows how we see you as a lender• Check your credit score for free• Speak to helpful humans through live chat if you need any support, By far the best loan experience I’ve ever had. Zopa Bank Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority, and entered on the Financial Services Register (800542). At Zopa, we believe that credit cards need to be revolutionised so we have built a card designed around putting the customer in control. The credit card offers fee-free spending abroad and innovative features such as allowing customers to put aside a pot of cash for emergency spending. The card, in combination with the mobile app, also offers real time balance updates. Interest rates on the card start at 9.9% APR but the typical rate is 34.9% APR. Ok if you are desperate I guess? The tool is part of Zopa's app, available on Apple and Android. Jaidev Janardana, CEO of Zopa, said, “The credit card market hasn’t caught up with the standard of other digital products and customers have been waiting too long for a better experience. Found the credit improvement tool outdated and the comments demeaning. You might be surprised. Zopa says the tool only uses 'soft' credit searches to get information, so credit scores shouldn't be affected by using it. Zopa is to become the first lender to offer lower credit card interest rates to careful spenders who have better credit ratings. • Check your balances instantly and securely with Touch ID and Face ID • Make loan or credit card payments in a few taps The Zopa Credit Card. Asked my own bank Nationwide for a card .. got 1200 15 months interest free purchases and transfer facility. This gives insights into where your money’s going, with all your spending broken down into categories. The UK’s first peer-to-peer lender, Zopa, has launched an app-based travel credit card in a bid to rival digital banks. The borrowing power goal posts have been adjusted, in line with the rates to qualify for better loan rates. Another popular feature that the Zopa credit card does not offer customers is balance transfers, which allows customers to transfer their existing credit balance to a new card and then have an interest-free period in which to pay off the balance. Up to six family members will be able to use this app with Family Sharing enabled. However, the deal comes with a steep 34.9% representative APR. Customers set their own personal financial buffer when they initially set up their card, and receive an instant notification to let them know they’re getting close to their Safety Net limit. This app is available only on the App Store for iPhone. The developer, Zopa Ltd, has indicated that the app’s privacy practices may include handling of data as described below. Or direct with the car manufacturer. We're here to help We can't take applications over the phone. A Credit Card that puts you in control. After my wife was turned down by the Halifax for a loan to purchase a car ( I approached Zopa for a loan. ‎Download apps by Zopa Ltd, including Zopa: FeelGood Money®. Before we start, what's your email address? UK-based Zopa, a digital bank and online lender, has reportedly started accepting credit card applications, as it continues to expand its line of products and services.. Try your own bank before Zopa. Previously a part of the alternative lending industry, Zopa is now bridging the gap to incumbents – armed with both a bank licence and a product roadmap which will rival credit card providers. Customers looking for a credit card with all the quality-of-life features offered by the digital … While one in five is unaware of their limit on their Called Zopa Bank, the P2P lending firm’s banking arm will start by launching 1-5-year fixed-term savings accounts, insured by the Financial Services Compensation Scheme (FSCS) for up to £85,000. Zopa Bank Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority, and entered on the Financial Services Register (800542). Highly recommended. Get all of your passes, tickets, cards, and more in one place. The feature enables users to see how much credit they have available in real time, without needing to wait for the transaction to show up in their balance statement. Card was delivered quickly, app worked fine. Attempted to withdraw cash from an ATM with my new Zopa Credit Card and the transaction was blocked for some reason and just showed as “pending” on the app. Take note high street banks, change your ways or get left behind. I had never used Zopa before, but Wow, how easy and hassle free the application process was. Zopa announced at the end of 2018 that it was pursuing a full banking licence and in June 2020 that licence was granted, which has seen it join the growing ranks of UK digital challenger banks. The whole process was literally completed within minutes, from the start of the application to the funds being available in my account! We make solutions you want. It's free to use and you don't need to have or be applying for a Zopa product to use it. I spoke to a customer advisor who told me it would take 7 days to sort the issue out. Zopa Bank Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority, and entered on the Financial Services Register (800542). Cancel. Global Nav Open Menu Global Nav Close Menu; Apple; Shopping Bag + Search apple.com. Should they want to access it, they can do so by unlocking it in the app. The business gained a full banking licence in June and has launched a savings account and credit card. Email address. The Zopa credit card can be managed via an easy-to-use app, which offers instant payment notifications, real-time balance updates and the ability to freeze your card at any time. Requires iOS 11.0 or later. The move means that the company’s new entity, Zopa Bank, will be offering savings accounts and a credit card, while the existing Zopa P2P brand will continue to offer personal and auto loans. Zopa says the card is designed to help customers stay in control of their money and their debt, and it comes with a smartphone app and a range of budgeting features. Calls may be monitored or recorded . This can help you to stick to your goals and stay within your credit limit. Zopa has launched its first ever credit card, challenging industry standards with a product specifically designed to help customers stay in control of their money and their debt. If you're happy for us to do this, please could you send us a note at appfeedback@zopa.com saying 'I approve for my review to be used'? For more information, see the developer’s privacy policy. Rather than take the money in the good times, broke in the bad! Thank you Zopa. I don’t see why I should pay much higher rates to cover now broke investors? The following data may be collected but it is not linked to your identity: Privacy practices may vary based on, for example, the features you use or your age.