Cash protection

FSCS savings protection checker

High savings balances should not sit wherever the app headline rate looks best. Check how much is under the same banking licence and use the official FSCS checker before moving large cash sums.

GBP 120,000Deposit limit from 1 Dec 2025
GBP 1.4mTemporary high balance cap
Same licenceCan share protection
Official checkerUse FSCS before relying
Checker

Estimate the FSCS protection gap

Open FSCS checker
Same licence risk

The brand name is not always the protection boundary

Some brands share a banking licence. FSCS tells users to add all accounts in the official checker because shared licences can affect the protected amount. Joint accounts normally apply the limit per eligible person, but several accounts under one shared licence are still aggregated before the limit is applied.

Sources

Sources and useful links