02/03/2026
More of your money is now FSCS protected ๐
The Financial Services Compensation Scheme is the UK's deposit guarantee scheme. It ensures that if anything ever happened to a bank or financial institution, they will compensate you. They have now increased the level of protection offered which means for Secure Trust Bank Savings customers your depsoits are now protected up ยฃ120,000.
Customers don't need to do anything different to be eligable for this level of protection as it will be applied automatically.
If you'd like to find out more you can visit - fscs.org.uk/limit-increase