Single Licence

 

These institutions have a UK banking licence in their own name and so offer the standard £50,000 protection (£100,000 for joint accounts) even if they are foreign-owned. But check any savings with subsidiary brands (see below).

 

Note that Northern Rock and NS&I are fully guaranteed by the UK government. The Post Office Instant Saver Account is owned by The Bank of Ireland, fully guaranteed by the Irish government.

 

Abbey

Alliance & Leicester

Barclays

Capital One Savings

Carter Allen

The Co-operative Bank

Coutts

Coventry Building Society

Egg

FirstSave

Hoare & Co

HSBC

ICICI

Investec

Julian Hodge

LV

Lloyds TSB

M&S

NS&I

Nationwide Building Society

NatWest

Northern Rock

Norwich Union

RBS

Ruffler Bank

Sainsbury’s Bank

Scottish Widows Bank

Standard Life Bank

Tesco

Triodos Bank

United Trust Bank

Virgin Money

Wesleyan Bank

Yorkshire Bank

Yorkshire Building Society

 

(All other building societies, apart from those listed below)

 

 

Shared Licence

 

These organisations don’t have a banking licence in their own name, but fall under the licence of the organisation named in brackets. A maximum of £50,000 (£100,000 for joint accounts) is protected across ALL brands sharing one licence.

 

AA (HBoS)

Bank of Scotland (HBoS)

Bradford & Bingley (Abbey)

Catholic Building Society (Chelsea BS from Dec 08)

Cheltenham & Gloucester (Lloyds TSB)

Cheshire BS (Nationwide BS from Dec 08)

Clydesdale (Yorkshire Bank)

Derbyshire BS (Nationwide BS from Dec 08)

Direct Line (RBS)

First Direct (HSBC)

Halifax (HBoS)

Intelligent Finance (HBoS)

LC&C Savings (Chelsea BS)

Saga (HBoS)

Smile (The Co-operative Bank)