2min chapter

The Martin Lewis Podcast cover image

Are your savings safe in the bank? (and paying to squeeze blackheads)

The Martin Lewis Podcast

CHAPTER

How to Protect Your Money in a Joint Account

Nat Western Royal Bank of Scotland and Ulster Bank are part of the same group. But, they do not count as a combined entity up to £85,000 in each. You need to find out if you're actually with one banking group and are not protected. If you have money in a joint account, divide it into half each. Now, I've got more safe savings rules for you, but we'll take a break from them for a moment to listen to our caller Trevor.

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