Alternative to Business Account with interest?



  • friolento
    friolento Posts: 1,118 Forumite
    First Post Name Dropper Photogenic
    stoem said:
    FYI I had this from Wise. I'm happy with that.

    When you hold your money on Wise, we safeguard it.
    But when you invest your balance on Wise in assets, in addition to the protection offered through the strict segregation of our customers’ assets, the Financial Services Compensation Scheme (“FSCS”) protects each customer for up to £85,000. The FSCS could step in if Wise Assets goes bust and there’s a shortfall in the assets we hold for you. 
    So since you have invested your Wise balance in assets (Wise interest), your funds up to 85,000 GBP are protected under FSCS.

    The FSCS could step in....... sounds like they also could not
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