+£19
Current account14 mins
ZopaCurrent account
£20 Free Cash•14 mins
£20 Free Cash
+£19
What is Zopa?
Zopa is a UK banking app whose current account is called Biscuit. It comes with a debit card, 2% cashback on selected bills, interest on your balance, and access to competitive savings, all managed from the app.
Zopa Bank is authorised by the PRA and regulated by the FCA and PRA. Eligible deposits are protected by the FSCS up to £120,000 per person.
Launched
2005
Customers
1.5m+
Google Play
4.7 (31k)
★★★★★★
Key Terms
Profit
+£19
Deposit
£1
For the £1 Quidsy Direct Debit (or move an existing one for free)
Credit checkSoft check
Free cash£20
Free cash arrives1 month
Step by Step Guide
Chris's overview
Optional·1 min read
Zopa has bumped its refer-a-friend reward up to £20, and it's still one of the simplest offers around. Open a Biscuit current account through the link below, then set up a single Direct Debit within 30 days. That's the whole job.
The easiest way to tick the Direct Debit box is the £1 Quidsy Direct Debit (the link is in the Direct Debit step). Keep £1 in your Zopa account to cover it, and once your £20 lands you can cancel it, leaving you £19 in profit.
Prefer not to set that up? You can point a Direct Debit you already pay at your new Zopa account instead. Just log in to that provider, switch the payment to your Zopa details, and make sure there's enough in the account to cover the next payment. Either way, one Direct Debit is all you need.
One thing worth knowing: Zopa wants to see the Direct Debit actually go out, so keep it running until your £20 arrives. Grab your free cash first, then have a read of the full review below.
1
Open your Zopa Biscuit account
You are here8 mins
- Tap the button below to open Zopa via the referral link, then enter the mobile number you'll use to sign up
- Download the Zopa app through the same link and complete signup, including ID verification (passport or driving licence)
- Open your Biscuit current account in the app
You need to be a new Zopa customer. This offer is only for people who have never had a Zopa account before.
On desktop? Scan QR code on your phone
2
Set up one Direct Debit
4 mins
- Set up at least one Direct Debit from your Zopa account (within 30 days of signing up). There are two easy ways:
Option 1 (recommended): Set up the £1 Quidsy direct debit. This is the quickest method, as the £1 is taken within 5 working days. You only need £1 in your Zopa account to cover it.
Option 2: Move an existing Direct Debit to Zopa. Log in to that provider, switch the payment to your new Zopa account details, and make sure there's enough in Zopa to cover the next payment.
- Keep the Direct Debit active until your £20 has been paid. Zopa needs to see one payment go out before they reward you.
Set up your £1 Quidsy Direct Debit here. Once your £20 arrives, cancel it to keep £19 profit.
3
Receive £20 free cash+30d
2 mins
£20 paid within 30 days of setting up your Direct Debit
- Zopa credits your £20 within 30 days of your Direct Debit being set up and the first payment going out
- It lands in your Biscuit account, ready to spend or transfer to your main bank
- If you used the £1 Quidsy Direct Debit, you can cancel it now. You're £19 in profit
Offer Complete
Done? Tick off each step above to see your total.
Quidsy Share: More Free Cash
Make £20 per friend with Zopa
Zopa gives you £20 for every friend you refer, up to a maximum of 10 friends.
1Add your Zopa link to Quidsy
If you don't have a referral link yet, check back in 30 days in case Zopa has given you one.
2Share your Quidsy link
Your friends will always see your links, such as Zopa, in the guide above.
Sign in to grab your Quidsy invite link and start earning.
Quick Zopa Review
Completed the offer? Awesome! Here's our full review on why Zopa could work well for you going forward.
Zopa at a glance
Updated:
Right now Quidsy has two live Zopa offers: a £20 Biscuit current account bonus for opening an account and setting up one Direct Debit, plus a 7.1% Regular Saver. Biscuit also pays 2% on your balance, 2% cashback on bills, and fee-free spending abroad. Best as a secondary bills-and-travel account. Heads-up: app-only, no joint accounts.
Customers
1.5m
UK accounts
Founded
2005
21 years old
App Store
4.9 ★
66k reviews
Google Play
4.7 ★
31k reviews
Zopa's Biscuit account is one of the more interesting current accounts I've tested in the last couple of years. The combination of 2% AER on your everyday balance, real cashback on the household bills you're going to pay anyway, and fee-free spending abroad means it actually earns its keep instead of just sitting there.
It works best as a secondary account, particularly if you point your bills at it to squeeze the cashback. For couples wanting a single shared current account, it isn't quite there yet (no joint accounts), and if you prefer being able to walk into a branch, you'll be happier elsewhere. But for anyone comfortable with app-only banking who wants a genuinely competitive everyday account, it's an easy recommendation.
The £20 bonus for new customers takes about 12 minutes to set up (you just need one Direct Debit running), and you get a properly built bank account out of it. With FSCS protection up to £120,000 and a full UK banking licence behind it, you're not taking a fintech gamble here – Zopa has been a profitable, fully licensed bank for years now.
Authorised by the PRA, regulated by the FCA and PRA. FRN 800542. Eligible deposits FSCS-protected up to £120,000.