Finance Fact Library

Savings Accounts

How much of your savings is protected if a bank fails, and government-backed savings schemes.

Average Savings Rates

The average interest rates UK banks and building societies are advertising on easy access savings, fixed-rate bonds and cash ISAs, updated monthly from Bank of England data.

Deposit Protection (FSCS)

How much of your savings the Financial Services Compensation Scheme protects if a UK bank, building society or credit union fails, including temporary high balances.

Help to Save

A government-backed savings account for certain people receiving Universal Credit, which pays a 50% bonus on what you save over 4 years.