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Is Moneybox covered by the Financial Services Compensation Scheme (FSCS)?
Is Moneybox covered by the Financial Services Compensation Scheme (FSCS)?
Brandon avatar
Written by Brandon
Updated over a week ago

The Financial Services Compensation Scheme (FSCS) is a government fund that exists to help consumers in the event of a firm failing. At Moneybox, we use a range of third party partner banks to hold your savings, and all of these are protected by the FSCS. You are protected for 100% of the first ยฃ85,000 per financial institution.

To find out more about FSCS protection for your account, please see our website here: https://www.moneyboxapp.com/fscs-protection ๐Ÿ”“

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