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Zopa FSCS Protection
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KSGee
Posts: 2 Newbie
Hello all,
Can someone please explain why previous posts regarding Zopa say their FSCS protection is only £50K instead of the usual £85K? I've tried checking, including on the FSCS website itself and it's getting confirmed as £85K. Thank you!
Can someone please explain why previous posts regarding Zopa say their FSCS protection is only £50K instead of the usual £85K? I've tried checking, including on the FSCS website itself and it's getting confirmed as £85K. Thank you!
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Comments
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What previous posts are you referring to, when were they posted, and to which Zopa product(s) were they referring? FSCS protection for investments was £50K up to the end of March 2019, for example....1
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Zopa has had a max deposit of £50k but was nothing to do with FSCS protection.1
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Apologies, I've never used the forum before and I should have thought to include details of the posts I've read. It was under the Savings and Investments discussions but it was a Google search which led me to them and I guess I assumed they were recent.
I think I've read old information and thought they were referring to Savings accounts. Thanks both for putting me right.0
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