A safer and more rewarding way to hold cash on deposit
Holding large cash balances can be risky as the Financial Services Compensation Scheme only covers balances of up to £85,000 (£170,000 for joint accounts) in the event that your bank should become insolvent.
It should be noted that The Financial Conduct Authority does not regulate deposit accounts.
Prior to using this service many of our clients opened multiple bank accounts to reduce this risk, increasing their admin burden.
To solve this, King Street Wealth Management have partnered with Flagstone cash management to provide a one-application solution.
Flagstone’s simple, secure online platform provides you with access to hundreds of deposit accounts from 30 banks through a single application, empowering you to earn more interest income whilst greatly reducing risk and admin time and costs.
To find out more, watch our short video or click on the icons below.
Discover how much additional interest you can make and how much extra FSCS protection you could benefit from. We can provide you with a bespoke illustration, in line with your liquidity requirements, utilising the rates currently available on the platform.
If you would like more information on how the platform works, one of our team can provide you with an online demonstration which shows you how easy the platform is to use and how much additional income you could be earning – at a time convenient to you.
The minimum deposit required to open a Flagstone platform account is £250,000.