Zero launches the Planet Safe Saver
Zero, the sustainable alternative to banking, has today launched its first-ever savings product, the Planet Safe Saver, an easy access savings account offering a transparent 3.66% AER variable interest rate.
Designed for climate-conscious consumers, the new Planet Safe Saver is part of Zero’s mission to make money a force for the good of the planet. As part of its sustainable finance policy, Zero promises that customers' money will never fund fossil fuels, deforestation, weapons, tobacco or other exploitative industries.
Without teaser or bonus rates that disappear after a few months, Zero’s Planet Safe Saver offers an honest, transparent interest rate that will only change if the Bank of England base rate changes.
Key things to know:
🌍 Start saving with as little as £1
🌍 Easy access to your savings with zero withdrawal fees*
🌍 Eligible deposits FSCS protected up to £85,000
🌍 Deposits that never fund fossil fuels or harmful industries
*Receive withdrawals within 1 working day.
Combining fairness with flexibility, the easy access Planet Safe Saver allows savers to access their money without fees or restrictions all while avoiding harm to the planet.
Richard Theo, CEO and co-founder of Zero, said: “At a time when greenwashing is rife, we wanted to create something truly transparent - a savings account that delivers a competitive return without compromising values or using devious techniques to lure customers with sneaky teaser or bonus rates”
“The Planet Safe Saver proves that saving money and saving the planet don’t have to be mutually exclusive. Now more than ever, people want their finances to align with their ethics, and this savings account makes that simple.”
The launch follows a period of growth for Zero, which recently raised £757,000 including investment via Crowdcube, surpassing its crowdfunding target and bringing its total funding to nearly £4million to date.
With over 18,000 users already registered on their app, the brand is proving that ethical finance is credible, appealing and competitive.
To learn more about the Zero Planet Safe Saver click here.
Find out more in our Savings T&Cs.