Your eligible deposits with Recognise are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK’s deposit guarantee scheme. This means in the unlikely event that Recognise were to fail or become insolvent, any deposits you hold below this limit will be protected under this scheme. Deposits above this amount are unlikely to be covered. For more information visit www.fscs.org.uk.
In order to check how much of your money is protected by the FSCS, please visit the FSCS protection checker at Bank & savings protection checker | Check your money is protected |FSCS
Recognise is the bank for extraordinary savers, who appreciate the importance of making a positive contribution to society. When you save with us, your money is 100% protected by the FSCS (limits apply). Your savings help us provide loans to growing small and medium sized businesses, who are the engine-room of the UK economy and who, right now, need support more than ever. So, by choosing Recognise, you can be sure you’re getting a fair and worthwhile return and you’re making a positive difference to communities, factory floors and in office blocks up and down the country.
All you need to know about our savings products
FSCS protection and keeping your money safe
Changes to our savings accounts interest rates, terms and conditions and additional information on frauds and scams
View all of our products and interest rates on one page
Funding your new Recognise savings account.
Commonly asked questions and answers relating to our savings products
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