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Childrens ISA's and FSCS

Are my childrens ISA's protected in their own right (as in their name) or are their savings considered part of my £85,000 protection as I opened the accounts for them?  Ie if I have £85,000 and they have £10,000 each are all of our savings protected individually? 

Comments

  • Keep_pedalling
    Keep_pedalling Posts: 22,615 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Yes, your children’s savings are covered separately.
  • izawa
    izawa Posts: 167 Forumite
    Fifth Anniversary 100 Posts Name Dropper Photogenic
    It is per person per banking organisation.

    Btw congratulations for investing this good amount in child isa. This is a very underrated thing and ive seen very few people do it.
    I am relationship expert. Don't feel shy, say hello.
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