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ISA's.... how secure are they
james3333
Posts: 752 Forumite
got a few years built up in ISA now and i wouldnt want to risk the money i have in here.
iam thinking of transfering it all to an icesave ISA and just wanted to know how secure it would be. is there a government guarantee or anything?
(all eggs in one basket and all that)
iam thinking of transfering it all to an icesave ISA and just wanted to know how secure it would be. is there a government guarantee or anything?
(all eggs in one basket and all that)
0
Comments
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Yes. The Financial Services Compensation Scheme covers all regulated deposits up to £35,000. If you are at all worried then only keep £35,000 in total with any one 'bank'
If the guaranteed ever had to be called upon, I don't know how long it would take or whether you would then be losing 'interest' on the affected amount......under construction.... COVID is a [discontinued] scam0 -
thats secure enough for me
***goes off and starts the transfer process to icesave********:money::money::money::money:0
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