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Bobthebuilder

Clydesdale Bank

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I see Virgin Money are switching all thier savings accounts to Clydesdale Bank later this year.

Any of you knowlagble folk on here have any info on Clydesdale, debt, safety of savings etc, etc?

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Posted (edited)

Clydesdale bought Virgin Money earlier this year.

They might be consolidating their banking licences. In theory you’re covered by the FSCS for up to £85k per licence. It used to be the case (possibly still is) that both RBS and NatWest despite being part of the same company had separate banking licences so you could have £85k banked with each and be covered.

Edited by Castlevania

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