FSCS Protection Calculator
Check whether your savings across UK banks and building societies stay within the £120,000 FSCS protection limit per institution — and see a suggested split if they don't.
Estimate only. Estimate only, based on the FSCS's standard £120,000 per-person, per-institution limit (raised from £85,000 on 1 December 2025) — not financial advice. Confirm current limits and which brands share a licence at fscs.org.uk.
Add your savings institutions
Add each bank or building society you hold savings with and its balance to see your FSCS protection and any amount at risk.
How FSCS protection works
The Financial Services Compensation Scheme (FSCS) protects up to £120,000 of your money per eligible depositor, per authorised UK bank, building society or credit union — not per account, and not per brand. If you hold £70,000 in a current account and £80,000 in a savings account at the SAME institution, only £120,000 of that combined £150,000 is protected. A joint account effectively doubles the limit to £240,000, because each named holder's own £120,000 allowance applies to the shared balance. The tricky part is that several familiar "different" banking brands actually share one FSCS authorisation underneath, so money spread across them still counts toward a single limit — while other brands that share a parent company are, in fact, separately authorised. Always use the FSCS's own bank-check tool to confirm before you rely on a split plan.