Is it safe? / Atom Bank
Is Atom Bank safe?
Yes — Atom Bank is FSCS-protected. Deposits up to £120,000 per person (£240,000 for joint accounts) are covered under the Atom Bank plc banking licence (Atom Bank plc).
Protection
FSCS to £120,000
Licence holder
Atom Bank plc
Parent company
Atom Bank plc
Atom Bank's current savings rates
- 5 Year Fixed Saver4.75% AER
- 3 Year Fixed Saver4.7% AER
From the daily rates scrape. Compare every provider →
Worth knowing
FSCS also covers temporary high balances (house sale, inheritance) up to £1.4m for six months (raised December 2025). Compensation is automatic if a firm fails — typically paid within seven days.