Is it safe? / Tipton & Coseley BS
Is Tipton & Coseley BS safe?
Yes — Tipton & Coseley BS is FSCS-protected. Deposits up to £120,000 per person (£240,000 for joint accounts) are covered under the Tipton & Coseley Building Society banking licence (Tipton & Coseley Building Society (mutual)).
Protection
FSCS to £120,000
Licence holder
Tipton & Coseley Building Society
Parent company
Tipton & Coseley Building Society (mutual)
Tipton & Coseley BS's current savings rates
- Limited Access (Issue 4)4.15% AER
- Reward Saver4.05% 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.