M&S Bank

The Financial Services Compensation Scheme (FSCS) protects consumers should anything happen to their bank, building society or credit union. It is likely you will have seen our posters in your local branch or information on your bank or building society website and app. 

M&S Bank (Marks and Spencers Bank) accounts are protected by FSCS up to the sum of £85,000*. Find out more from your bank in branch or on the M&S Bank website.

FSCS protection covers firms authorised by the Prudential Regulation Authority (PRA).  A list of the banks authorised by the PRA can be found on the PRA's website.

FSCS protects the following M&S Bank accounts

  • M&S Bank Current Accounts
  • M&S Bank Savings Accounts
  • M&S Bank Cash ISA Accounts

Individuals are protected up to £85,000* and £170,000* for joint accounts. 

Understanding shared banking authorisation

Some banks and building societies operate a number of brand names under one banking licence. This means that you might only be protected up to £85,000* for the total amount of money you have across the brands covered.

See a full list of banking and building society brands and authorisations protected by FSCS

How to check your M&S Bank Current Account and/or other Savings are safe

Find out if your money is safe in two easy steps by using the FSCS Protection Checker

What other financial products does FSCS protect?

FSCS also protects investments, insurance, pensions, endowments and home finance (including mortgage advice). Find out more on our What We Cover pages

*From 3 July 2015, the FSCS will provide a £1 million protection limit for temporary high balances held with your bank, building society or credit union if it fails. Read our Q&As about temporary high balances for more information.