Be in with a chance of winning up to £10,000 with Zopa this holiday season

Zopa offers customers the chance to win back the cost of December spending this Christmas.

Consumers could win up to £10,000 this holiday season by opening an account with Zopa after the digital bank launched a new prize draw today.

Prizes include one mega prize of £10,000 and five smaller pots of £1,015 – enough to cover the cost of Christmas.

This comes as new research by the provider put the average cost of Christmas throughout December at £1,015.

So, with an expensive month ahead, a cash prize may present a handy boost to savers’ holiday spending – and spread a little festive cheer.

“The enticing cash prize offer from the Zopa Biscuit account comes at a time when many will be spending more to cover the cost of Christmas, so a win could make a big difference in January. As alternative brands have slowly removed cash prize offers, it’s refreshing to see one launched to reward customers,” Rachel Springall, Finance Expert at Moneyfactscompare.co.uk, stated.

How you could win big with Zopa

To be eligible, UK residents aged 18 or over simply need to open Zopa’s Biscuit current account and deposit £50 before 31 December 2025.

The prize draw is open to both new and existing Zopa customers and results will be announced on 13 January 2026.

All winners will be contacted directly via email and cash prizes will be paid directly into their Biscuit bank account.

For further details, see Zopa’s website for its terms and conditions.

Which account qualifies?

As well as the prizes available in Zopa’s draw, the Biscuit current account offers holders the chance to be up to £256 better off per year through a mix of interest and cashback.

“The Biscuit account can be opened with little fuss, and consumers only need to deposit £50 to be eligible for the draw. However, the perks on offer from this account get better for those who save regularly and when setting up direct debits, such as to earn 2.00% cashback on such bills,” Springall commented.

Zopa will pay 2% cashback on up to £1,500 of household bills paid by direct debit up to a maximum of £30 per year. Customers will also earn 2.00% AER on their current account balances.

There’s also the opportunity to access Zopa’s Regular Saver paying 7.10% AER on deposits of up to £300 per month.

While with traditional current accounts consumers may need to choose between earning cashback or interest on in-credit balances, Zopa’s Biscuit current account offers both.

“The fact that Zopa provides both a competitive return on small balances and cashback on bills is a good proposition and may be suited to consumers who don’t want the hassle of opening a variety of accounts to cover different needs. However, it’s vital customers work out how much they will fully earn from any account, particularly those that stagger the credit interest or cashback they can earn,” Springall continued.

Before opening any account it’s important to check the terms and conditions to ensure it’s the most suitable option for you.