Er neobanker trygge? Det du må vite

"Is my money safe in a neobank?" It's the most common question we get, and the answer is: usually yes, but with important caveats.

Deposit Protection

United States — FDIC Insurance ($250,000)

Chime, SoFi, and most US neobanks partner with FDIC-insured banks. Your deposits are protected up to $250,000 per depositor, per bank. Check that your neobank clearly states which bank holds your deposits.

United Kingdom — FSCS Protection (£85,000)

Monzo and Starling hold full UK banking licenses, so deposits are protected up to £85,000 by the Financial Services Compensation Scheme. Revolut obtained its UK banking license in 2024, bringing the same protection.

European Union — Deposit Guarantee (€100,000)

N26 holds a German banking license with €100,000 deposit protection. bunq holds a Dutch banking license with the same protection.

What to Check

1. **Banking License** — Does the neobank hold its own banking license, or does it partner with a licensed bank?

2. **Deposit Protection** — Is your deposit explicitly covered by FDIC, FSCS, or equivalent?

3. **Regulatory Status** — Is the neobank regulated by a reputable authority (FCA, BaFin, OCC)?

4. **Segregation of Funds** — For e-money institutions (not banks), are customer funds held in segregated accounts?

Red Flags

• No clear information about deposit protection on their website

• Registered in jurisdictions with weak financial regulation

• Promises of unrealistically high returns

• No visible regulatory authorization number

The Verdict

Most major neobanks are as safe as traditional banks for everyday deposits. But always verify the specific deposit protection that applies to your account. When in doubt, check the regulator's register directly.