Deposit insurance calculator
List your savings at each bank and see how much sits within the deposit insurance limit, and how much is above it. FDIC, EU and FSCS. Free, no sign-up, nothing leaves your browser.
Put brands that share one banking licence on one line. A joint account is counted with a limit for each of two holders, which many schemes allow. Rules differ by scheme, so check the scheme's own website. This is a rough check, not advice.
How the limit works
Deposit insurance pays savers back, up to a limit, if their bank or building society fails. The limit usually applies per person, per banking licence, so two brands that share one licence share one limit. In the US the FDIC covers up to $250,000 per depositor, per bank, per ownership category, and EU countries guarantee at least €100,000 per depositor, per bank. Check each scheme's own website for the current limit and rules.
Why e-money is different
Money held with an e-money institution is not usually covered by deposit insurance. Instead, the firm must safeguard customer money, keeping it separate from its own funds, so it can be returned if the firm fails.
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