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FSCS Limits
mollusc52
Posts: 1 Newbie
My wife and I both have an individual ISA account along with a joint online savings account (3 accounts in total) with a single institution. What is the amount covered by the FSCS? Is it £85k each for the ISAs and a further £170k for the joint account? Or is it, as I suspect, £170k for the total amount in all the accounts added together?
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Comments
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It is £85k per person per financial institution max
It doesn't matter how many accounts you hold, or whether your accounts are are sole or joint.
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It's £85,000 for each person. It could be £170,000 between you but that would depend on the split between the shared and personal assets
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Any of these S&Ss ISAs?0
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85k or 170k is great.What about the interest over that.I limited deposits to 80k each bank, at 5% interest I'm protected.0
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