Financial Services Compensation Scheme (FSCS)
Deposit protection
Your eligible deposits held by a UK establishment of Principality Building Society are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK's deposit guarantee scheme. Any deposits you hold above the limit are unlikely to be covered.
For further information visit www.fscs.org.uk.
Summary of protection with us
Find out more about your eligible protections with us and any exclusions.
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FSCS Information Sheet and Exclusion List
PDF - 92KB (Opens in a new tab)
Mortgages
The FSCS may be able to help if a firm has advised you to enter into a mortgage agreement that wasn’t suitable for you, and you lost money as a result. The FSCS can pay compensation if that firm defaults and the maximum level of compensation is £85,000 per person per firm.
Insurance
The FSCS can pay compensation if your insurance provider fails and cannot pay valid claims under your policy or return your premiums. The types of policies covered include long term insurance policies like life insurance.
How the FSCS protects your money
Find out who the FSCS are and how they protect your money across different products.
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FSCS guide
PDF - 896KB (Opens in a new tab)
Further information
For more information visit the FSCS website.