Illustration of a padlock

How we protect your money

Ever wondered what '100% secure' means for you? We've got you covered.

Our 100% guarantee

If you bank with a regulated bank or building society in the UK then some of your cash is protected by the FSCS (Financial Services Compensation Scheme). This means that if your bank goes bust then you’ll automatically get your money back. But it comes with a maximum limit - it’s normally up to the value of £85,000 per person or £170,000 for joint accounts.

Now, for many people this level of protection is more than enough but if you have a larger sum of money to put away then you might be wondering how this may affect you.

NS&I is a little different from your normal bank or building society. Yes, we're like a bank in that we’re a place to put your savings, but we’re also part of the government. And, as the government’s savings bank, we have the backing of HM Treasury, who guarantee 100% of everything you invest in NS&I. Not just £85,000 - every penny.

If you have won a Premium Bonds prize we'd love to hear from you