Is it safe? / Sidekick
Is Sidekick safe?
Sidekick is a savings platform, not a bank — your money sits with its partner banks, each FSCS-protected up to £120,000 per person at that bank (shared with anything you hold there directly).
Protection
Via partner banks
Licence holder
Partner banks (per product)
Parent company
Sidekick Money Ltd
The fine print (verified July 2026)
Sidekick is a savings platform: your money sits with partner banks (OakNorth for easy access, Griffin for the wallet, HSBC/Lloyds/Santander for Multi Shield) — each FSCS-protected up to the limit at that bank, shared with anything you hold there directly.
Sidekick's current savings rates
- Sidekick Multi Shield4.23% AER
- Sidekick Easy Access 84.17% 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.