FLAGSTONE FOR PERSONAL CLIENTS

Your one-stop shop for high interest savings accounts

Grow your money by accessing the best interest rates across a market-leading banking panel, quickly and easily with just one single application.

Gain access to hundreds of savings accounts, enabling you to spread your money across up to 45+ banks to maximise your interest and FSCS protection.

All UK-based banks and building societies on the Flagstone platform are members of the Financial Service Compensation Scheme (FSCS) and deposits are protected where eligible.

LATEST INTEREST RATES ON OUR PLATFORM

5 year fixed term

2.97%
(AER)

12 month fixed term

2.60%
(AER)

95 day notice

1.60%
(AER)

Instant access

1.20%
(AER)

Smarter savings - higher interest

Grow

Access hundreds of savings accounts – including exclusive and market-leading interest rates – from up to 45+ banks, ensuring you earn the best possible interest.

Protect

Spread your money across several banks and receive the FSCS protection of £85K each time (£170K for joint accounts) – if eligible.

Save time

No need to complete additional paperwork when depositing into new savings accounts or spreading your money across multiple banks.

Start saving with Flagstone in three simple steps

  • 1.
    Apply for one Flagstone account
    No need to complete paperwork for multiple banks.
  • 2.
    Select banks and interest rates
    Browse and choose from hundreds of accounts – including exclusive and market-leading rates – using our online platform.
  • 3.
    Earn more with peace of mind
    Complete protection for your money – up to FSCS limits, if eligible.
SEE HOW OUR PLATFORM WORKS

Start saving from £50K

The Flagstone platform is available to individual and joint applicants (aged 18 or older) to deposit £50k or more. We are trusted by leading Wealth Managers, including St. James's Place, Tilney, Quilter Group and Coutts, plus many of the UK's leading banks and building societies.

Client testimonials

Very impressed

Very customer focused and unbelievably quick. Clear concise information provided.

Very happy

Very happy with the Flagstone experience. Good platform and helpful staff.

Brilliant service

Brilliant service from the Flagstone team.

Products available on our platform

Fixed term

Save money over a fixed period and benefit from the highest interest rates on your deposits.

Notice Accounts

A notice period applies before making a withdrawal, but it normally offers a higher interest rate than easy access accounts.

SEE OUR BANKS AND RATES

Instant Access

You can access funds instantly, with no advance notice, for flexible saving.

Frequently Asked questions

How does Flagstone work?

Partnering with more than 45+ banks and building societies, Flagstone gives you access to more than 200 deposit accounts through a single application.

Using Flagstone's secure online platform, you can quickly and easily diversify your deposits with different UK banks and building societies to increase the total value of those deposits that are eligible for FSCS protection.

Ongoing access to exclusive and market-leading interest rates empowers you to maximise the interest income from your cash.

How can Flagstone access competitive rates?

Due to the volume of deposits we intermediate and through the relationships we have developed with our partner banks, we are able to access exclusive and competitive deposit rates for Flagstone clients.

What fees does Flagstone charge?

There is an annual management fee of between 0.15% p.a. and 0.25% p.a. depending on the value of deposits you
hold on our platform.

For deposits of £250k or more, a one time setup fee of £500 will be payable and automatically taken from your initial deposit. For US Dollar accounts this fee is $500 and for Euro Accounts it is €500. This admin fee applies to all Individual, Joint, company, charity and trust clients.

No Administration fee is charged for deposits between £50,000 to £249,999.

Where is my Flagstone account held?

When you transfer money to your Flagstone account, it is deposited into a ‘holding account’ provided by Barclays Bank UK plc. The holding account is a segregated trust account set up to receive and hold funds before they are sent on to a deposit account. When a deposit account matures or a request for the return of instant access or notice account deposits is made, the funds are returned to the holding account.

Does Flagstone select the deposit accounts for me?

No, using the online Flagstone platform you have full control of which banks you choose to deposit your money with and which accounts you open.

Can I split my deposits across multiple banks?

Through a single Flagstone account, you can use our secure online platform to open as many deposit accounts with as many different banks as you require, in just a matter of clicks.

You can complete all these transactions via our online and secure platform 24/7, without any further paperwork.

Will I have statements for tax returns?

Flagstone gives you visibility of every pound earned and the simplicity of consolidated reporting.

Once you have a Flagstone account, you will have 24/7 access to consolidated statements for all your deposit accounts for any period of time, available to view and download via the platform.

At the end of each tax year, Flagstone will provide you with a summary of interest earned.

How will I know if there are new banks, interest rates, or products available?

We will keep you informed by email of new banks, products and rates available on the platform.

How is our cash protected?

Ensuring the funds belonging to our clients are secure is our number one priority. As a company authorised and regulated by the Financial Conduct Authority (FCA), we are required to hold appropriate levels of regulatory capital and generally organise and manage our business to the high standards set by the FCA.

Flagstone partners with top tier technology providers and security experts to ensure the end to end security. We employ practices and techniques to keep our platform up to date with the ever-changing security landscape and to provide a secure platform to our clients.

Flagstone has adopted internal systems and controls designed to protect client funds from the risk of fraud. These include relevant IT controls, appropriate segregation of duties, restricted access rights and signature protocols.

Importantly, Flagstone does not allow any third-party payments and will only ever authorise payments from a client’s Flagstone holding account to their nominated account.

Is my money safe with Flagstone?

Ensuring the funds belonging to our clients are secure is our number one priority. As a company authorised and regulated by the Financial Conduct Authority (FCA), we are required to hold appropriate levels of regulatory capital and generally organise and manage our business to the high standards set by the FCA.

Flagstone partners with top tier technology providers and security experts to ensure the end to end security. We employ practices and techniques to keep our platform up to date with the ever-changing security landscape and to provide a secure platform to our clients.

Flagstone has adopted internal systems and controls designed to protect client funds from the risk of fraud. These include relevant IT controls, appropriate segregation of duties, restricted access rights and signature protocols.

Importantly, Flagstone does not allow any third-party payments and will only ever authorise payments from a client’s Flagstone holding account to their nominated account.

Do I have FSCS protection with deposits I made through Flagstone?

Yes. In the event that one of the banks on the platform, or the holding account bank (HSBC), were to go into administration, assuming the bank in question was a member of the Financial Services Compensation Scheme (FSCS), then our client (if eligible) would have a single claim under the FSCS limited to the deposit compensation limit of £85,000.¹


¹FSCS deposit protection is £85,000 per depositor (£170,000 for joint accounts) per bank. For more information please refer to https://www.fscs.org.uk

What would happen if Flagstone went into liquidation?

Flagstone implements safeguarding measures to protect customer funds.

All funds held by Flagstone on behalf of clients are separated from Flagstone’s own funds and only held in designated trust accounts.

Furthermore, each client’s individual deposits are held against a unique alphanumeric reference number.

Were Flagstone to be placed in administration or wound up, clients retain full beneficial ownership of their funds at all times and as such these will be paid back to the client by the administrator. Clients have no credit exposure to Flagstone.

Who can open a Flagstone account?

The Flagstone platform is available to individual and joint applicants who are resident in the UK and 18 years of age or older. Accounts are also available to UK-registered companies, charities and trusts (including SIPPs and SSASs). The minimum amount required to open a Flagstone account is currently £50,000 for individual and joint applicants, and £250,000 for companies, charities and trusts.

Ready to get started?

Spread your money across up to 45+ banks, and over hundreds of savings accounts in one simple portfolio.

We are trusted by leading Wealth Managers, including St. James’s Place, Evelyn Partners, Quilter Group and Coutts, plus many of the UK’s leading banks and building societies.

Join Flagstone and protect the art of the possible.

OPEN AN ACCOUNT