Participating banks
As of 12 May 2025, CashHub MultiBank currently has three participant banks listed below with their Firm Reference Numbers (FRN):
- HSBC Bank Plc* (FRN 114216)
- Lloyds Bank plc (FRN 119278)
- Santander Financial Services Plc* (FRN 146003)
Eligible deposits are protected up to £85,000 per banking license. The FSCS covers up to £85,000 per banking license, so the total level of protection available via CashHub MultiBank is £255,000 for eligible savers. For joint accounts, this limit applies to each account holder, resulting in a total maximum of £510,000.
*HSBC Bank Plc & Santander Financial Services Plc are the non-ringfenced divisions and hold a separate banking license from the retail banks that you may hold current accounts or other savings with. Please note though that HSBC Bank Plc is also the overflow bank used for savings above £255,000 with CashHub MultiBank, and also the bank used for the CashHub holding account.
Monitoring FSCS protection
We monitor the FSCS protection for your deposits held within CashHub across our participant banks. However, the FSCS limit applies to your total deposits with each participant bank, including any accounts or balances you hold outside of CashHub. We do not have visibility into, nor are we responsible for, deposits you may have with these banks outside of this product. To understand how the FSCS limit applies to all your deposits with a bank, you can use the FSCS Bank & Savings Protection Checker along with their FRN: Bank & savings protection checker | Check your money is protected | FSCS