Zopa & Boosted Pots

susanann_2

Is Zopa okay to use as regards the FSCS protection. I just checked them out on the FCA register and not being very savvy with all this I wanted to be sure what this all meant on the FCA register. Am hoping someone who understands all this can help me. 

   Some activities by this firm may not be protected

This firm is shown on the Register because it is now, or was previously, approved by the FCA (or relevant regulatory body). As a result, you may be able to complain about this firm to the Financial Ombudsman Service. If this firm goes out of business owing you money you may be able to claim compensation from the Financial Services Compensation Scheme (FSCS). However, this is not always the case and these organisations may not cover some of this firm’s activities. If you would like to check what is and what isn’t covered, you can ask this firm to confirm this to you in writing. There’s more information on the  Financial Ombudsman Service’s websiteopens in a new window   and the  FSCS’s websiteopens in a new window about the kind of complaints and claims they can help with. The final decision on whether or not they will consider any complaint or claim is for the Financial Ombudsman Service or the FSCS.

Daliah

The Zopa SmartSaver is FSCS protected

susanann_2

Thanks Deliah does that include the Boosted Pots as well 

Exodi

susanann_2 said:

Thanks Deliah does that include the Boosted Pots as well 

Hi Susanann_2, yes the SmartSaver account includes Access Pots and Boosted Pots.

Similarly, their other fixed term savings product are also FSCS protected.