Get quick answers to common questions about our products and services.
What does 'eligible deposits' mean?
Eligible deposits are deposits held in accounts by individuals and certain small businesses that qualify for FSCS protection. Not all deposits automatically qualify. To qualify, deposits must be held in an eligible account type, by an eligible person or entity, with an authorised firm.
Specifically, deposits on the FSCS exclusion list are not eligible for protection. For more detail, see Chapter 2 on depositor protection in the PRA Rulebook.
More in FSCS protection
- Does FSCS protection apply to interest I've earned?
- How is the FSCS limit calculated if it is a joint account?
- How much am I covered for?
- If I have more than one Griffin-powered account via different providers, to what extent am I covered?
- Is my business account FSCS protected?
- What happens if Griffin fails?
- What is FSCS protection?
- Where can I find more information about FSCS protection?
- Which Griffin accounts are covered by FSCS protection?
- Which Griffin customers have FSCS protection on eligible deposits in products provided by Griffin?
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