Shawbrook Bank

diystarter7

We are with the Coventry, ATM and have been for 2 years. They are paying 0.3% interest PA, easy access.
We have a joint account with the Coventry. 
Moved to them when the NS&I tried to rob everyone  by crashing their no notice interest rates from a fraction under 1% to good as zero.

Looking on this site, MSE/Martin recommends Shawbrook Bank, easy access pay just above 0.6% gross PA

Any others here with Shawbrook? Reading about it they've been around for a while and covered by the 85k per person compo scheme.  Is there anyhting else
I need to be aware of? We will go for the easy access account as not want fixed

Thanks

diystarter7

Looking around, I can't find their registration number/details here, please direct me to them.

https://www.fscs.org.uk/Search/Index/?q=shawbrook bank

https://www.shawbrook.co.uk/direct/savings/personal-savings/easy-access-savings-accounts/easy-access/

eskbanker

diystarter7 said:

Looking around, I can't find their registration number/details here, please direct me to them.

https://www.fscs.org.uk/Search/Index/?q=shawbrook bank

https://www.shawbrook.co.uk/direct/savings/personal-savings/easy-access-savings-accounts/easy-access/

On that Shawbrook page (at the bottom, where such details will usually be published):

Shawbrook Bank is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority (Financial Services Register number: 204574).

Or search specifically at https://www.fscs.org.uk/check/check-your-money-is-protected/ rather than the top-level search facility (which will just find occurrences of the searched text within the FSCS site itself, rather than within linked databases).

Aidanmc

I have Isa and savings acc with Shawbrook. I have no issues with them at all and would recommend

diystarter7

Cheers to both.
Just doe check myself, looks ok.

Slightly different question and this applies to all banks/etc in the UK

What is the financial protection registration was withdrawn from a bank, would savers be informed beforehand/covered etc?

diystarter7

Having checked with the bank  BS this morning they say I'm getting 0.55% so decided to stay put. Thanks.