We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Is the 350,000 limit interest inclusive

PeteranDi
Posts: 3 Newbie
If an institution goes bust after having £50,000 invested for 12 months, does one lose any interest due as it will go over the £50,000 limit.
So is £48,500 the real limit for a 3% interest savings account?
So is £48,500 the real limit for a 3% interest savings account?
0
Comments
-
You are correct.
But your thread title is wide of the mark................................I have put my clock back....... Kcolc ym0 -
lol, try the shift key when you press 30
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 352.1K Banking & Borrowing
- 253.5K Reduce Debt & Boost Income
- 454.2K Spending & Discounts
- 245.1K Work, Benefits & Business
- 600.7K Mortgages, Homes & Bills
- 177.5K Life & Family
- 258.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards