Deposit limit change stakeholder materials
From 1 December 2025, FSCS protection for deposits and savings in bank, building society and credit union accounts will increase to £120,000.
If a bank, building society, or credit union goes out of business, FSCS can compensate you up to the new limit of £120,000 per person, per UK-authorised firm.
We also cover temporary high balances, which will also rise from December, of up to £1.4 million. These may occur from major life events, such as selling a home or receiving an inheritance. Temporary high balances are protected for up to six months.
If a bank, building society, or credit union goes out of business, FSCS can compensate you up to the new limit of £120,000 per person, per UK-authorised firm.
We also cover temporary high balances, which will also rise from December, of up to £1.4 million. These may occur from major life events, such as selling a home or receiving an inheritance. Temporary high balances are protected for up to six months.
Deposit limits
See our deposit protection limits.
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Watch and share: Animated explainer and infographic on the new £120,000 deposit protection limit. Discover how the FSCS protects your money. Resources you can share.
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Use these materials to help consumers understand the new £120,000 deposit protection limit and share the refreshed FSCS Protected badge. Newsletter content available for you to use.
If you have any questions or issues downloading the social media assets contact: publicrelations@fscs.org.uk