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!

Bonds v Savings

I have a lot of experience of saving money in fixed term savings accounts which are FSCS protected but can someone confirm if Fixed Term Bonds have the same protection up to £85,000?

Comments

  • SonOf
    SonOf Posts: 2,631 Forumite
    1,000 Posts Fourth Anniversary
    edited 21 February 2020 at 4:05PM
    Some fixed term deposits market themselves as fixed term bonds.   Some fixed term bonds market themselves (incorrectly) as fixed term deposits.
    There are also fixed interest investments, fixed interest securities, fixed interest investment bonds amongst other things.

    It would probably be better if you tell us what product you are referring to when you say fixed term bond as some of them could have £85k FSCS protection,  some 100% FSCS protection and some no FSCS protection
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.7K Banking & Borrowing
  • 253.4K Reduce Debt & Boost Income
  • 454K Spending & Discounts
  • 244.7K Work, Benefits & Business
  • 600.1K Mortgages, Homes & Bills
  • 177.3K Life & Family
  • 258.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.