Does opening a current account affect your credit score?

No. When you apply for a Zopa current account, we’ll run a soft search on your credit file to help verify your identity. As a bank, we also provide regular Current Account Turnover (CATO) reporting to credit reference agencies — this is a summary of the money paid into your account, which helps financial institutions make more informed decisions around lending and affordability.

But don’t worry, neither of these have an impact on your credit score.