FSCS Query

TonyM19

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

eskbanker

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.

TonyM19

Thank you.

Time to start moving some money about!