Eligible deposits with RCI Bank UK Limited are protected up to a total of £85,000 by the Financial Services Compensation Scheme (FSCS), the UK's deposit guarantee scheme. Any deposits you hold above the limit are unlikely to be covered.
All the accounts we offer are covered by the FSCS, protecting the first £85,000 per customer. The protection covers each customer. not each account. For joint accounts, each customer is protected up to £85,000, so up to £170,000 between them.