Multiple high-interest savings accounts. One platform.

Yes. You can earn a healthy amount of interest with £100,000 in savings, provided you put your cash in high-interest savings accounts. But the exact amount you can earn depends on the accounts you choose to open.

In general, Fixed Rate accounts pay you a higher interest rate in exchange for limiting access to your cash. Putting some of your money in Instant Access accounts allows you to withdraw savings when you need it, though you’ll likely earn less on those deposits as a result.

All of the accounts in Flagstone’s platform are FSCS protected. This means if you save £100,000 in our platform, you’ll be reimbursed if the banks you save with go out of business.

You can join Flagstone with a minimum deposit of £10,000.

There’s no limit to the number of savings accounts you can open. But opening them separately can create administrative headaches – from completing multiple applications to managing different logins.

Flagstone’s savings platform makes it easy to open and manage multiple accounts in one place. With one secure login, you can check the terms and conditions of each account, switch to accounts offering higher interest, and reserve Fixed Rate accounts in advance for when your funds mature.

If you want to balance strong earnings with access to your cash, you could consider opening an account with high-interest savings platforms like Flagstone.

This is because you can deposit into multiple account types in our savings platform. For example, you could maximise your returns with Fixed Rate accounts, while keeping some money in Instant Access accounts for withdrawals when you need them.

Provided your bank is a member of the FSCS (Financial Services Compensation Scheme), your eligible savings will be protected up to £120,000 per person, per banking group. For joint accounts, protection rises to £240,000.

This means not only can you deposit to earn interest, but if your bank goes out of business your money will be reimbursed.

You can open a savings account if you’re over 18 years old and have a minimum deposit of £10,000. Once you’ve requested an account with us, we may need to run additional checks to verify important details, such as your proof of funds. This is to ensure that we comply with AML (Anti-Money Laundering) and KYC (Know Your Customer) legislation.

Yes, you're welcome to open a Flagstone account with another person, and save together with double the FSCS protection. 

Where you put your money is a personal decision and will depend on your individual circumstances. In general, savers who place some of their funds in Fixed Rate accounts can earn higher interest, but this usually means limited access to their cash for the agreed term.

As a result, savers often place some of their money in Instant Access accounts, in case they need to withdraw their money at short notice.

Our savings platform uses a holding account so you can open multiple accounts, without needing to complete a new application each time. It's a temporary home for your cash while you choose which savings accounts to open.

The holding account is provided by HSBC, so all eligible deposits are protected up to £120,000 per client, per banking group. Or £240,000 for joint accounts.

Cash in the holding account doesn’t earn you any interest. Once you've funded, it's important to open savings accounts as soon as possible.

Explore how holding accounts work and why we use them.