Spread your money across multiple accounts
As the leading cash deposit platform in the UK, we provide access to greater protection for your money.
Secure, grow and manage your cash - quickly and simply
Apply for your single Flagstone account, supported by our expert and trusted client service team. No need to complete paperwork for multiple banks.
Transfer funds from your bank to your Flagstone account (minimum £10,000 deposit required for individuals).
Our platform provides access to hundreds of accounts from up to 60+ banks – enabling you to maximise interest and FSCS protection, if eligible.
Meet changing needs, plans and aspirations with complete visibility of your entire portfolio.
All the banks on our platform are members of the Financial Services Compensation Scheme. Eligible deposits are protected up to £85,000 per individual, per banking group. Eligible joint accounts are protected up to £170,000.
Once your deposits mature, funds are returned to your holding account and then can be withdrawn to your own bank account at any time.
Your money, your way
Opening your Flagstone account
You can open an individual or joint Flagstone account if you are over 18, and have £10,000+ to deposit.
- Basic personal details including employment status and address history.
- Tax status including National Insurance number or your Tax Identification number (TIN) where relevant.
- Information about the source of funds you wish to deposit.
- Details of a UK mainland bank account ('nominated account') you wish to deposit from and have funds returned to.
- For joint applications, you must have the permission of the second applicant to provide us with their information.
- You may be required to provide copies of proof of ID, proof of address, or proof of source of funds after submitting your application.
Transferring funds
Once set up, simply transfer funds to your Flagstone holding account.
Your holding account is set up to receive and hold your funds before they are transferred to deposit accounts. Your holding account acts as the account to which all monies (principal and interest) are returned at the maturity of a fixed term deposit account, or when an instant access account or notice account is closed. Once the matured funds are deposited in your holding account, you may then withdraw them to your nominated account, or place them in another deposit account of your choosing.
The holding account will be provided by HSBC.
Multiple accounts
After funding your Flagstone holding account, browse, open and manage as many savings accounts as you need, from a variety of fixed-term, instant access and notice accounts.
Complete control
You are in control. Manage your money - quickly and easily - via our highly secure Flagstone platform. Move, place or spread your deposits - 24 hours a day, 7 days a week - with no additional applications to complete.
Peace of mind
Complete visibility of all your money. View consolidated information across all of your cash savings accounts, including a single tax certificate at the end of the year. Enjoy protection for your money up to FSCS limits of £85,000 per individual, per banking group. Eligible joint accounts are protected up to £170,000.
If you hold an eligible deposit with a UK-authorised bank or building society that fails, the FSCS will automatically compensate you.
More infoMake your money work harder
Open an account with Flagstone and start growing your money today.
Frequently asked questions
Flagstone partners with 60+ banks, and brings hundreds of savings accounts onto one platform. That way, you can open and manage your accounts – whether they’re Instant Access, Notice, or Fixed Term – all in one place.
We partner with more banks than any other cash deposit platform. That means we can offer exclusive rates you won’t find anywhere else.
As the UK's leading cash deposit platform, the volume of deposits placed with us, and the relationships developed with our partner banks gives us access to exclusive and market-leading deposit rates for our clients.
Yes. All the banks on our platform are eligible for FSCS protection – including HSBC, who provide the Flagstone holding account.
So, if any of our partners were to go into administration (or Flagstone itself), all eligible deposits would be safe and protected.
As a reminder, FSCS protection extends to £85,000 per individual (£170,000 for joint accounts), per banking group. You can learn more about eligibility and protection from the FSCS.
Our platform provides immediate visibility of all your money, including consolidated information across all of your cash deposit accounts, and a single tax certificate at the end of the year.
For each savings account you open through Flagstone, we receive a small share of the interest.
We deduct that share before we feature any savings account on our platform – so the rate you see will always be the rate you receive.
We don't charge any annual management or administration fees.
Peace of mind
FSCS protection
TLS secure encryption
Ready to get started?
We are trusted by leading Wealth Managers, including St. James’s Place, Evelyn Partners, and Quilter Group, plus many of the UK’s leading banks and building societies.
Join Flagstone and protect the art of the possible.