Castle trust bank - any good?

[jimmy156]

So I linked through to them as they are the top 1 year fixed rate savings account on MSE, but got most of the way through filling out the application form when I though that the form was rather clunky, some of the request and error messages I got were a little strange (when they sent me a verification code it said “new loan account customer” despite me applying for a savings account. before I go and deposit some cash with them, I wondered if anyone on here had any experience of them, good or bad?

Edited by jimmy156 on Tuesday 29th March 22:19

[jimmy156]

No one has an opinion or experience?

Zopa was the other option, same interest rate. Any one heard of these?

[LooneyTunes]

Assuming you don’t need any whizzy functionality, assuming they are UK based it doesn’t really matter much who you use for deposits beneath the £85k FSCS limit, but if going above this you might want to understand what the money is being used for in order to provide above average returns.

For example, the car finance arms of some vehicle manufacturers take consumer deposits. In Zopa’s case I would expect they are using it for small business lending instead of raising peer to peer money.