Safe savings limit now £120,000 – how to make sure your money's protected
If your UK-regulated bank, building society or credit union were to go bust from today (1 December 2025), more of your savings will be protected. This is because the standard cash amount covered by the Financial Services Compensation Scheme (FSCS) has risen from £85,000 to £120,000. The protection on temporarily high balances has also increased. However, the investment protection limit hasn't changed.
