What is auto-save and how do I set it up?

Auto-save takes the hassle out of saving. Simply choose how much you want to save, how often and into which pots, and we’ll automatically transfer this amount from your chosen bank account to your Smart Savings Hub for you.  

This means you can sit back, relax and watch your savings grow, without lifting a finger. Of course, you can always change your auto-save amount and the pots you’re saving into whenever you like.  

You can also skip and adjust your upcoming auto-save, or cancel all future auto-saves, should you ever need to. We partner with TrueLayer to make this possible. To learn more about TrueLayer, head to their website. 

Can I auto-save into more than one pot?

Yes, there’s no need to manually move your savings around. With auto-save, you can choose how much you want to save into each of your pots and we’ll split your weekly or monthly auto-save up accordingly.

Please note, not all pots are compatible with auto-save, these include Fixed Term ISA pots and Boosted pots that are on a notice period.

What’s the maximum amount I can auto-save?

You can auto-save a maximum of £5,000 per month and £1,000 per week.

How do I set up auto-save?

If you’ve already transferred money to your Smart Saver, head to your Smart Savings Hub in the Zopa app and click Set up auto-save. If you haven't transferred money to your Smart Saver before, tap the Start saving button and select the Auto-save option. 

Then follow the instructions on your screen to choose the amount, frequency and date of your auto-save, as well as the pots you want to save into. You can skip, adjust or cancel your auto-save anytime in the Zopa app. 

Please note, you’ll only see the auto-save option if your bank supports this feature as part of their open banking services. Don’t worry, the number of banks that offer auto-save is growing.