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Financial Services Compensation Scheme (FSCS) changes
From 1 December 2025, the FSCS deposit protection limit increased to £120,000.
We’re currently updating all of our materials that have information about the FSCS limit. In the meantime, you may still see some of our webpages, letters and leaflets containing the old protection limit of £85,000.
Do you have a moment to protect your money?
A request for personal information could put your money at risk. Take five to think and protect yourself against fraud.
Changes to online payments
We've changed the way we confirm your online payments to keep your money safer.
Win up to £2,500
We’re offering cash prizes in collaboration with VISA when you pay with your debit card (including digital card wallet purchases) until 30 November 2025. Subject to eligibility. T&Cs apply.
Protecting your money
Your eligible deposits with The Co-operative Bank are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK’s deposit guarantee scheme. This limit is applied to the total of any deposits you have with The Co-operative Bank and smile. Any total deposits you hold above the limit between these brands are unlikely to be covered.
Please read further information on the FSCS scheme here or visit their website