Zopa Biscuit current account review: 3% cashback and free coffee

Zopa’s tweaked its Biscuit current account to change up the rewards

Biscuit is a current account from Zopa. It offers cashback, interest on your balance and now a free coffee each month. Those with an existing account can choose what they want now, but the changes won’t come into play until 27 September.

Here’s how Biscuit works, how it compares to other cashback current accounts on offer and our verdict.

In this article

1 What is Biscuit?

2 Biscuit account features

3 How to open a Biscuit account

4 Is Biscuit safe?

5 Pros and cons

6 Is Biscuit any good?

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What is Biscuit?

Biscuit is Zopa’s first ever current account. The account is free and you can manage it entirely on the app. It offers a number of perks including cashback on some of your spending, interest on your balance and fee-free spending abroad. It’s also added a free barista-made drink from Caffè Nero each month.

At launch, Zopa’s marketing department were busy, putting out claims that the account would fill a “huge gap in the market”, being both “tasty” and “uncomplicated”.

But, in our view, while Biscuit has ditched the best part of the account, its 7.1% regular savings account — other featured are pretty nice to have, but there’s nothing particularly revolutionary about it.

Biscuit account features

Biscuit’s changes require you to choose one of three benefits between:

Boosted interest on your balance, totalling 2.75% AER variable
3% cashback on up to £150 a month spent on eating out
3% cashback on up to £150 of Direct Debits a month

We’ve explained the options below.

Cashback

Until now, Zopa was offering 4% cashback on bills, paid on up to £2,000 of direct debits each year, earning a maximum of £80 per year.

The upcoming changes will let you earn 3%on either up to £150 per month on eating out or up to £150 per month on direct debits each month. That can get you £4.50 per month, or £54 per year. That is, if you choose one of these options as your benefit.

When Zopa initially launched, we’d recently seen a number of cashback deals dwindling, with Chase watering down its offer and Santander scrapping its 1% Edge and Edge Up debit card cashback altogether. Since the launch, Chase has doubled the cashback for new customers.

There are a number of other accounts that offer better cashback on other spending potential including Chase (despite the changes) and even the Trading 212 card.

What happened to the 7.1% regular savings account?

One of Zopa’s biggest perks was that it had a 7.1% regular savings account – at first, it dropped this down to only a 6 month regular saver rather than 12 months, but it’s now announced that the savings account will be ending. Those with one already will be able to keep it until the term ends, but they won’t be able to renew it.

With this savings account, you could save up to £300 per month, earning a maximum of £38 over the six months.

You can get other current account-linked regular savings accounts that pay up to 8%, from Lloyds, Santander, Bank of Scotland or Halifax.

Featured deal

Santander £240 switch offer

Customer rating 3.9/5

Switch bonus
£240
Perks
8% regular saver
Monthly fee
0
Offer ends
Unknown

FSCS Protected? Yes
Bonus requirements To get the £240 switch offer, you need to complete a full switch with the Current Account Switching Service. Then, within 60 days of your initial switch request, you need to set up two active direct debits, deposit £1,500 into the current account, set up a Santander Regular Saver, and deposit £200 into it.
Regular saver 8% (variable) regular savings account. Includes 5% (variable) bonus for 12 months
Existing customers? You can't have held a Santander account on 1 January 2026.

View Deal

Interest on balance

Biscuit is now offering a standard 1% on your current account balance, which is unlimited.

However, you could opt to have this boosted to 2.75% AER variable, but you’d opt out of getting any cashback. This includes the 1% AER already paid on your balance.

Eeven when boosted, this is a far cry from the top savings rates and current accounts at the moment, so we’d prioritise putting your spare cash in those if you can. But it pays some interest on balances you plan to use imminently, which is pretty rare.

Fee-free spending abroad

You can use Biscuit abroad at no extra cost. You get the real Visa exchange rate and can withdraw up to £200 each month (with a 2% fee for amounts over this).

Some other banks offer higher withdrawal limits, with Chase letting you withdraw up to £500 per day, and Monzo letting you withdraw £400 per day. Most other accounts use the Mastercard exchange rate, which is usually slightly more favourable, but it’s negligible. We have a full round up of the best debit and credit cards to use abroad.

Monthly coffee

A new perk that’s been introduced is that you can get a monthly free barista-made drink from Caffé Nero. The full details of this are yet to be revealed.

How to open a Biscuit account

If you want to open a Biscuit current account, you’ll need to download the Zopa app on either the App Store or Google Play.

Once you’ve downloaded it, you select the “Open account” button and go through a series of questions. These are all pretty straightforward, with questions you should already know the answers to, and it only takes about five minutes.

You’ll also need to take a photo of your ID and take a selfie as part of the sign-up process. Zopa will perform a soft search on your credit report for identification.

Eligibility

To get a Biscuit current account, you need to be 18+ and a UK tax resident, excluding the Channel Islands and the Isle of Man.

You’ll need to have an ID to hand for the ID checks.

Is Biscuit safe?

Zopa is protected by the Financial Services Compensation Scheme which covers £120,000 of your deposits if Zopa were to go bust. But you’ll need to consider any money you already hold with Zopa, such as in savings, as the £120,000 includes all accounts overseen by Zopa.

You can get 24/7 support with its in-app chat and telephone support. You can freeze and unfreeze the card within the app.

Pros and cons

Pros

Get an instant virtual card after applying
1% interest on all balances
Choice of 3% cashback on some spending or boosted interest rate
Free monthly coffee

Cons

No branches
You can’t deposit cash
You can’t use the Current Account Switching Service (CASS)

Is Biscuit any good?

Zoe’s analysis

I recently opted to give Zopa’s Biscuit account a go after my dilemma with Chase. The account was open in minutes and I could add a virtual card straight to Apple Pay.

Biscuit’s a pretty decent current account, especially for savings. Although, the decision to drop the regular saver is disappointing. If this is what you wanted Biscuit for, you can check out our savings best buy tables to find the next best one.

The cashback is more a nice to have extra rather than a reason to get the account. You also earn 1% interest on your balance. I accrue more Caffé Nero vouchers than I reasonably need already thanks to Vitality, but it’s always nice to get a freebie while I’m out.

It’s a digital account, however it doesn’t feel like it’s fully fleshed out just yet. You can’t deposit cash, which may not be huge issue, but it does mean you may have to have another account as a backup. You also don’t get branch access, which wouldn’t bother those used to digital accounts like Monzo and Starling, but may concern those that value in-person support.

It’ll certainly be interesting to see how Biscuit adapts over time and fits into the market in the long-term.

Biscuit by Zopa current account

Benefits	3% cashback on either Direct Debits or eating out (up to £54 per year)
	or extra 1.75% interest on your balance
	1% interest on all balances
	Fee-free spending abroad
Fee	No fee
Requirements	Over 18 and live in the UK

See more about Biscuit