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NSI and Northern Rock - is more than £35k covered by FSCS?

Seeing as these two are backed by the government, is any amount of money above the £35k covered by the scheme, or is it the same as all the other institutions?

Just wondered as have our money spread out a lot and would be easier to put it all in one, but won't do if the total amount isn't covered.

Many thanks

Hannah

Comments

  • bdon
    bdon Posts: 57 Forumite
    Seeing as these two are backed by the government, is any amount of money above the £35k covered by the scheme, or is it the same as all the other institutions?

    Just wondered as have our money spread out a lot and would be easier to put it all in one, but won't do if the total amount isn't covered.

    Many thanks

    Hannah
    Yes. See MSE main savings forum
    I am not a financial advisor. Anything I post is basically just random stuff from my head. Digest it as you will. Being free of debt is good. Banks control us through debt. Caveat Emptor. Ignore anything I say. Oh and don't copy it either. Cheers. I'll have a Guinness extra cold.
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