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Capital One Savings
msaquib
Posts: 717 Forumite
Hi,
I have Savings account with capital One. Do you think is it still ok to be with them?
Are they member of £50k compensation scheam?
Thanks
MS
I have Savings account with capital One. Do you think is it still ok to be with them?
Are they member of £50k compensation scheam?
Thanks
MS
0
Comments
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Hope so, as I am moving some of my "Icelandic" cash to them..... I have Savings account with capital One. Do you think is it still ok to be with them? .....
Seriously, though, they are registered in the UK -
http://www.fsa.gov.uk/pubs/list_banks/2008/sep08.pdf
- and are covered in full by the UK's FSCS £50,000 guarantee, as they are not on this "topped-up" list -
http://www.fscs.org.uk/consumer/How_to_Claim/Deposits/EEA_firms_that_have_topped_up/
I also found the following - which although addressed to their US customers - gives some insight into their operations -
http://www.capitalone.com/directbanking/banking/president_letter.php".....where it is corrupt, purge it....."0
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