Guest The Pom Queen Posted January 1, 2011 Posted January 1, 2011 Just had an email through that the FSCS will be increasing from 50,000gbp to 85,000gbp more information can be found here: FSCS > Home
Guest guest32776 Posted January 1, 2011 Posted January 1, 2011 Just had an email through that the FSCS will be increasing from 50,000gbp to 85,000gbp more information can be found here: FSCS > Home Great news! I can close a few silly bank accounts and get rid of some passwords I can never remember... Thanks for posting that!:biggrin:
Les Avalook Posted January 3, 2011 Posted January 3, 2011 Great news! I can close a few silly bank accounts and get rid of some passwords I can never remember... Thanks for posting that!:biggrin: Be careful which accounts you merge as the new limit will apply to one account per 'banking group' so if you had accounts with i.e. Lloyds, Bank of Scotland and Halifax they will now only offer £85,000 between them not each. :swoon: It is still per his and hers accounts or £170,000 joint, just enough for the 'average' UK house. :wink: The protection does not extend to the value of the £ though.:no:
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