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FSCS Query
TonyM19
Posts: 161 Forumite
Hi
My partner and I both have accounts with the Coventry BS. Is the £85k FSCS coverage for both accounts separately ie are we both covered for £85k?
I know that it doubles if we have a joint account, but we aren't going to go down that route for numerous reasons. Just checking before I start to move our NS&I savings
Cheers
0
Comments
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The £85K limit is per person per institution, so if you and your partner both have sole accounts with the same institution then each is protected up to that limit.0
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Thank you.Time to start moving some money about!0
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