Biscuit – the best free bank account for everyday value
Rated #1 by MoneySavingExpert for cashback, perks and regular savings. Tuck into the current account that could earn you up to £256 a year.
Now that’s tasty.
2% AER* interest on your Biscuit balance.
2% cashback on bills.
7.10% AER* (variable) with our Regular Saver.
See the full comparison and how we worked out the £256 value.
Biscuit is a bank account that allows you to earn more
Built to help your money do more, Biscuit is a free-to-open current account that gives you value where it matters most — your bills, your balance and your savings. Simple to open, easy to manage and designed to make everyday banking much sweeter.
Open a Biscuit current account in the Zopa app. It only takes a few minutes.
Joined during our beta phase? No need to reapply – you’re already part of Biscuit.
Compare our current account against other banks
Biscuit is the free-to-open current account that gives you more – meaning your dough could rise faster than it would with a number of other free UK current accounts.
 Biscuit by Zopa |  Santander Everyday Current Account |  Lloyds Classic Account |  HSBC Bank Account |  Barclays Bank Account | |
|---|---|---|---|---|---|
| Financial value per year | £256 | £65 | £84 | £80 | £0 |
| Monthly fee | Free | Free | Free | Free | Free |
| Interest on current account (AER) | 2% | 0% | 0% | 0% | 0% |
| Interest on Regular Saver pot (AER) | 7.1% With a monthly deposit limit of £300 | 5% With a monthly deposit limit of £200 | 5.25% With a monthly deposit limit of £250 | 5% With a monthly deposit limit of £250 | Not available |
| Cashback on bills | 2% | 0% | 0% | 0% | 0% |
We compared the value offered by free UK current and savings accounts, using data accurate as of 3 June 2025. To estimate the potential financial value per bank, we used the following assumptions based on ONS and Bank of England data: an average current account balance of £4,460, monthly savings up to the regular saver limit (ranging from £150 to £300, depending on the bank), and up to £1,500 in annual direct debits. Read our full methodology comparing the Biscuit bank account to other free current accounts.
With Biscuit, you get a sweet deal all round
Our Biscuit current account may be fresh out of the oven, but the perks and rewards are fully baked in and ready to be enjoyed. With Biscuit you can:
Grow your savings with a tasty 7.10% AER*
Unlock our Regular Saver pot with an exclusive 7.10% AER* (6.87% gross**). You can deposit £300 a month. Assuming this rate stays the same for the next 12 months, you could earn up to £137 a year.
Watch your dough rise with 2% AER* on your bank balance
You get 2% AER* (1.98% gross**) on your current account balance – with no limit on the interest you can earn. This rate is fixed for 12 months and variable after that.
Sweeten your spending with 2% cashback on bills
Earn 2% cashback on up to £1,500 of Direct Debits per year. And we’ll guarantee this rate for 12 months.
Take Biscuit abroad – no overseas card spending fees
Whether it’s a long-haul holiday or a weekend break, you won’t pay any fees to spend on your card abroad. You’ll get the real Visa exchange rate – no added fees from us. ATM withdrawal fees may apply when using your card abroad.
Learn more about using your card abroad.
*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.
**We pay gross interest, which means nothing is deducted for tax.
Applying for a Biscuit bank account is quick and simple
You can open your current account in as little as 5 minutes – all through our easy-to-use app. Just fill in your personal details and we'll take care of the rest. If you're new to Zopa, you'll need to complete our verification checks by providing ID. Ready to get started?
If you opened a bank account during beta, you don’t need to open another. You’re already part of Biscuit!
Simple money management – all in the Zopa app
Our Biscuit current account isn't just a tasty savings tool – it's safe, secure and reliable everyday banking in the palm of your hand.
Link your other bank accounts – View your balances and transactions all in one place.
Freeze and unfreeze your card – Lost or stolen card? Simply tap to freeze and unfreeze.
Use Apple Pay and Google Pay – Pay quickly and easily with a tap of your phone.
Why you should choose our high-interest bank account
Biscuit was recently rated #1 for cashback, perks and regular savings by MoneySavingExpert, and Which? named it as including one of the most competitive Regular Saver accounts available. Not bad for a newbie.
Here are a few other reasons why people are choosing to join Zopa.
Our bank account might be new, but Zopa isn’t
Zopa has over 20 years’ experience helping people make more of their money. Today, customers trust us with over £5.5 billion in savings, and more than 1.5 million people use Zopa across savings, credit cards and loans. So, you’re in safe hands with Zopa.
Get your free-to-open Biscuit current account through the Zopa app today.
Already got a Zopa bank account? You’re all set — no need to reapply.
Your money’s fully protected
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 www.fscs.org.uk.
Support when you need it
Our customer support is available Monday to Saturday
Our team is here when you need us, speak to real people, not bots.
Contact us via in-app chat or phone.
Zopa is trusted by over 1.5 million customers
Zopa has over 20 years’ experience helping people make more of their money. Today, customers trust us with over £5.5 billion in savings, and more than 1.5 million people use Zopa across savings, credit cards and loans. So, you’re in safe hands with Zopa.
Turn to Zopa for award-winning banking
With products that are easy to use and value that’s hard to beat, we’ve found a winning recipe that our customers love.
Useful information
Here’s where you’ll find the need-to-know stuff:
Biscuit bank account FAQs
Start earning today
With tasty rates in every bite, get your hands on Biscuit today.
You’ll need to download the Zopa app to open your account.
UK tax residents aged 18+ only.
Learn more about current accounts, savings and more
Want to learn more about our Biscuit account and other Zopa products? Take a bite out of our blog.
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