The Financial Services Compensation Scheme will automatically compensate you:

  • up to £85,000 per eligible person, per UK authorised bank, building society or credit union.
  • up to £170,000 for joint accounts.

Any deposits you hold above the limit are unlikely to be covered.

Please note that the FSCS won’t cover any deposits received before your savings account is open, as we won’t be able to allocate them to your account. You should wait until we’ve confirmed that your account is open before you send a deposit, and you’ll need to quote the account number or reference that we give you.

Keeping your data and money safe

We've joined other UK financial services providers in Take Five, an initiative led by Financial Fraud Action UK. Its aim is to encourage people to stop and take time to think before they act.

You can find out more on the Take Five website, but always remember these five rules:

  • Never disclose security details, such as your PIN or full banking password
  • Don't assume an email, text or phone call is authentic
  • Don’t be rushed – a genuine organisation won’t mind waiting
  • Listen to your instincts – you know if something doesn’t feel right
  • Stay in control – don’t panic and make a decision you’ll regret
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