Savings protection
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I will have two accounts in my name with a building society. One an easy access (£20000) and the other an ISA (£60000). If this society failed would I be entitled to the complete £80000 as it is covered by the FSCS. Or would it only pay out on one of the two accounts. Ie. £60000. In other words will the FSCS cover losses on all the accounts (up to £85000) with the same society even if you were to have say 5 different sorts of accounts there.
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FSCS protection is across all applicable accounts you have with the financial institution up to £85k in total.0
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Worth reading https://www.moneysavingexpert.com/savings/safe-savings/0
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