Temporary High Balance Cover Across Different Banks

Mamaoon

Thanks Spanish Blue. I quite agree. I went back to the FSCS again about the conflicting information and they advised that they can't advise on individual case and you should seek legal advice to inform your money management. So, whilst it might well be fine, it's not a risk I am willing to take personally when you only get the extra protection above £85k for 6 months anyway. I shall be sticking with the original bank account the money was deposited into. A money expert also suggested NS&I Income Bonds where the interest rate isn't the highest but you are protected by the government.